Your business does not have any presence in the East:
What are you doing?
I recall watching a program on channel 4 called the “Britain’s trillion pound horror story”. http://www.channel4.com/programmes/britains-trillion-pound-horror-story/4od
It was disturbing.
Lately however I have seen the latest analyse of the mess we are in by way of money weeks, “End of Britain”. http://www.youtube.com/watch?v=UdyQd6Xks7A. Even worse!
Do watch the above if you have time.
Following the news as much as I can, and against the majority of the media, Britain is in trouble. We Brits take adversity with dignity and that is why we have lasted so long against the folly of our central bankers and the government.
And just as the government and parrot media did not warn you about the 2008 crash, they will not warn you of the impending either. That is your decision, your take. It is your life. Do your own research. If you agree with the films above, then soon the government will have to take radical action in lowering the debts. Will they take money from your account as they did in Argentina, or confiscate your gold as they did in the USA for decades?
The usual safe financial advice is always to spread your risk, but are we? If all your money is locked up in UK shares, property and bank savings then you are mistaken. Two of these might take a hit if Britain were to loose it’s credit rating and if interest rates were to go up. Bank savings would go up as long as you have free access?
Some of the actions being proposed by the underground media is to start taking action now. Take advice and invest your hard earned money where it will be safe. Where?…..Where indeed, but as an example, the world has been investing in gold at an alarming rate. The Indian Finance minister warned the people of the country to stop hording gold. And in China there are still big queues, even though the price has fallen recently. Maybe they know something we don’t.
Diversification is not only true with investments but your business ventures too. If you think you have a viable, logical product or service that could sell, and you truly believe in yourself, you need to get your research moving now. Get out there and work out how best to set up shop in the East. The exchange rates are a really good rate for India (around 90Rs to the £), so your funds will go far. Even getting web presence over there is better than nothing and relatively easy to do.
India has a population of about 1.3 Billion and China about the same. And most of those people want to buy. That is about 50% of these people are neither too young or too old to buy. The problem with the market in the UK is that it is much smaller. It has a population of around 70 million. The demographics are not your favour either since most of this population is getting older, with more reliance on the state.
If you are selling, construction products, jumpers or any service, you need to be out there. If you are wise there is more opportunity over there than you can imagine. The window is open now.
VNanda 