EU is planning on trying to bailout all of Europe. Their plan has one great asset that the U.S. has yet to make a public effort for, Foreign Cooperation. Everyone is trying to bail themselves out of this sinking Economic ship. I get email alerts from a prominent business magazine every day. A simple list of linked headlines and a small description provides me fodder for the brain. I usually enjoy reading them but not on December 13. Lets look at the rest of the headlines, as this first one wasn't all that bad.

Okay. Right. Really? This is news? Let's just yell at each other until neither of us apologizes so that we can kill precious "Economic Salvation" time. Germany has always been pissed off and Britain has always been the stuffy older brother. Here is my message to them, "Grow some Cajones and start Cooperating!"

Oh job. Oh so special job. I will miss you. Okay, I haven't been laid off but I'll be a college graduate at the point of, arguably, the lowest slump in the job market since the Great Depression. My advice is to keep your chin up and refine your competitive edge. No sense in brooding over an ugly outlook. I'll be pushing myself for the next half a year to grow as much as possible in my current job and to make myself irreplaceable. That way there will be little chance of losing the job and higher chances for more opportunities.

I agree with this one. But its a no-brainer. Everyone should try to effectively manage their own stress. Not only for the sake of their job, but also for their health. Stress has been one of the most malicious human shortcomings. It causes heart attacks, breaks up relationships, and presents itself as a nasty headache more often than not. Managing stress can improve company performance because as the old adage goes, Happy employees are Better employees. However, it is not the answer to everyone's problems. Sometimes people are completely unhappy with their jobs and will leave because of stress. Losing an employee will often hurt a company more than help it. Sure the wage expense is gone but the revenue source is also gone.

Bailouts. Heavy on our minds like an overflowing pail of rainwater. I'm not a fan of dolling out money to fix a bad business model. Automakers are in a tight spot because they did not effectively adapt to consumer demand. Only a couple years ago, Americans were buying Big Cadillac Escalades and Hummer H2 Gas-Guzzlers in waves. Of Image via Wikipediacourse the automakers needed to cash in on this demand but how did they not notice the billions of consumers turning in their old cars for new Eco-friendly and Gas-saving vehicles? How could they not see this coming? Why didn't they bank all the revenue from SUVs to create dominant Energy Efficient divisions? Its sad that a bad business model can put millions of people out of jobs but their are other methods to managing such an economic reduction. Foreign investment in American auto industry, Mergers and Acquisitions, splitting companies, and I'm sure their are more.

Credit and Debt are in the worst position of all. Their is not enough credit available to those who need it, and their is too much debt to take care of it with credit. Saving and banking on efficiencies are the answer to debt. If businesses and consumers were able to fractionally save on being efficient and innovative they could slowly reduce their debt. As soon as debt falls off a bit, the credit markets will be able to ramp up. I'm using all of my income each month. First I pay static bills such as rent and cable and phone. Then I move over to paying my debt off, credit cards and loans. Depending on how much income is left always pay the minimum payment + any fees + the amount you want to reduce your debt by for that month. This way you will know how much you are effectively reducing your debt each month. If you're cool enough to pay off the entire bill then I'm happy for you.

I'm a sucker for common sense and logic. Logically, when your news alerts give you nothing but the dumps turn it into something useful. Some of the best situations to learn from are the worst ones to experience.