Here is a term that I'd never heard a year ago. Now, I can not watch the business news without hearing this phrase. What does it mean? Signs of new (economic) growth in business, I suppose.
Time Magazine - 'Green Shoots': The trouble with economic metaphor
Time Magazine - "Whatever is happening with the economy right now green shoots is the wrong metaphor for it"
I quite like this perspective:
The real meaning of "Green shoots"
The Green Shoots Debate
New claims for unemployment (US) There is no hope here. It is an economic winter. Hibernate. Plan. Live off your savings. Live off the nuts you've squirrelled away. What? No savings? Hmmm. That's a real problem.
Everyone is talking about / looking for these "green shoots". I've got news. Listen up. You will not see any sustainable "green shoots" in the US economy for a long, long while. It's a long, cold winter. And, when the spring does arrive and you awaken from your hibernation, don't expect to see the same world that you once did. It will be a different world. And those "green shoots"? They will be plants you've never seen before. Expect change. It is coming. Think differently about the world, about business and about economics. This will help your garden grow.
Monday, 22 June 2009
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