CHAPTER 8

Aftershock Jobs and Businesses

THE GOOD, THE BAD, AND THE UGLY

One of the most surprising aspects of writing this book was looking back at this chapter in our 2006 book and seeing how very little of it needed to be changed. Our recommendations passed the test of time, and the economy evolved just as our analysis indicated it would. Basically, we nailed it. Now, four years later, we are going to tell you essentially the same things that we tried to warn you about before. This time, you may find it more relevant to your daily life. Given our unmatched track record for correctly predicting the Bubblequake, you should feel very comfortable about our advice in this chapter on how to find or hang onto relatively safe Aftershock jobs and businesses. Almost all our previous recommendations remain the same, except that we are now able to better refine the timing.

As a reminder, this chapter is no different from the rest of the book in that we give you our best analysis, even if it is not what you want to hear. We don’t sugarcoat the truth. Hence, this is not a typical job counseling book that lists the winner jobs and loser jobs because in reality, the job outlook is going to be pretty rough all the way around. There will be jobs and businesses that do better than others, but there won’t be many winners. That makes reading this chapter all the more important because even small mistakes can become big problems later. The earlier you see what’s coming, the better prepared you can ...

Get Aftershock: Protect Yourself and Profit In The Next Global Financial Meltdown, Second Edition now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.