Posts Tagged ‘united states of america’


Handling Money- Learning from the Titanic (Part 2)

Handling Money- Learning from the Titanic by Suresh Padmanabhan (Part 2)

Late on the night of April 14, 1912, the Titanic, considered as one of the strongest ships every built sank in a horribly tragic way. A total of 1,523 lives were lost when the Titanic ship sank like a pack of cards, beneath the ice cold waters of the Atlantic.

When the Titanic was sinking there was a scramble for the lifeboats which were in shortage. In each person’s mind there was only one thought- to escape to safety no matter what.

When economies and countries collapse the same happens. Each and everyone want to jump off. The high, the mighty and the men in power will be the first to escape. They will be hurt the least because they have money and power. But what about the poor individual?

It is prudent to protect your own Money Interest. Always have a back- up plan of what will happen to you or your family, if the worst happens.