Trillions and Trillions can impact your bottom line

I came across this interesting chart today while reading the October 13th edition of Business Week.

The “PLUNGE” shows net borrowing by households and non-financial business down from $2.25 TRILLION per quarter to less than $1 Trillion per quarter — with the bulk of the drop coming this year.

If your a doctor practicing elective medicine you had better be paying attention and adjusting your practice NOW.  When you take more than a trillion in lending out of the market and add that to the $2 trillion lost this month in the stock market — and the unknown (but likely trillions) of losses in the real estate markets — there is just plain not as much discretionary money in the economy.

Doctors can help by learning how to become lenders — smart lenders will use ZACC (or something like it to check their patient’s credit).  Becoming a lender effectively puts money back into the economy for your patients — it allows them to consider a procedure they are likely not able to finance through other sources.

SHAMELESS PLUG:  Acceptx is offering consulting services to help doctors adapt their practice — if you are interested feel free to e-mail zacc@acceptx.com.

Hang on — and take action now!

Be Smart!

B2