Who said never waste a good recession

When do I need to register as self-employed. Right to buy faces further criticism due to social housing shortages. What is the role of information technology in business?

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Home About Us Contact Menu. FREE newsletter. Telling the truth about SME life today. As said by Winston Churchill, never waste a good crisis. Praseeda Nair August 25, 3 mins. Share on facebook. Share on twitter. Share on linkedin. Share on email. Obama vs Thatcher: Public speaking lessons pitting the world's best orators.

Kennedy or Barack Obama take the crown Read more here. November 12, Read More. November 11, All you need to know about Business Asset Disposal Relief. November 10, Related Stories. A significant challenge for businesses is maintaining their cash flow. Daniel Bowsher, owner at Invoice Finance Connect, provides companies with Entrepreneur and leader, Jessica Kruger discusses why it's time to stop focusing on profitability and more on growth.

Ultimately, the Facebook to Meta: The Risk of Rebranding. Just as another Facebook scandal hit our news waves with former employee Frances Haugen imploring regulators to take serious action Running your own business can be an overwhelming and lonely affair. I've heard that this went back to Stalin. But I have not been able to find this or something like it in my search. Are you confident that it only goes back as far as ? What Crisis? I found it from in the UK in the Labour election loss.

Before that is was a Supertramp album. Is is older than that? It was Winston Churchill that first said: "Never let a good crisis go to waste". The alliance between Joseph Stalin, Winston Churchill, and Franklin Delano Roosevelt, which lead to the formation of the United Nations, offered numerous opportunities in the midst of a crisis.

And what I mean by that it's an opportunity to do things you think you could not do before. It was necessary to preserve social peace. The "trick" in the s consisted of using inflation to defuse the emerging conflict between labour and capital over redistribution.

So from the late s inflation was replaced with public debt, and states borrowed rather than tax in order to be able to keep up the level of services. Then, in the s, when states began to worry about the growing weight of debt servicing as part of their budgets, and reduced their spending and thus social services we took recourse to private debt. In other words, we made it easier than ever for households to take on debt so that they could preserve their purchasing power, which was being cut back by these budget consolidation measures.

And that led us to the catastrophe. We use cookies to enhance your experience. Today, the key policy changes governments need to tackle include: charging for water use in agriculture; removing subsidies that negatively impact water resources; regulating groundwater use; and addressing water pollution caused by agricultural runoff. So, what conditions are needed to make this happen? When a window of opportunity for policy reform arrives, there are several concrete actions that governments can take to ensure that the reform process will be effective.

These include, for example: establishing the evidence base with robust data to set policy objectives and evaluate outcomes; ensuring policy and regulatory coherence; engaging with stakeholders to build trust — notably with local policy officers and farmers; mitigating economic losses for some stakeholders that may suffer in the short-run; and ensuring that there is enough flexibility in sequencing policy reforms similar findings were found in a recent study of fisheries reforms.

Agricultural water risks are expected to grow in many regions in the future, and may only be exacerbated by climate change. Governments must get ready to take action, and to move from reacting to a crisis towards a proactive, preparatory approach that will facilitate policy changes when the time is right.

If wasting water is a challenge that requires attention, wasting a water crisis may jeopardize food and water security in the future.