Economic Collapse
Every day in every way we're living in jeopardy. It's a scary world out there.
There are natural disasters in abundance. It seems no one is immune to storms, earthquakes, floods, and fires.
There are wars aplenty to keep us on edge. We are all involved no matter where the battle rages. The world has been shrinking for more than a century and we have lost many young men and women to overseas conflicts. Wars begin with unrest from the needy, and greed from the discontented.
So the situation today is clear:
- Wars are blossoming in the near East;
- America and Europe's financial systems are disintegrating;
- Inflation is on fire worldwide;
And all of this affects you and me.
Today's world is so small that if a pin is dropped in Italy, it pricks a foot in Indiana.
Jeopardy #1And that leads to the question β How do these world situations affect you and me? You or someone you know has already felt the pain the war. No explanation needed.
Jeopardy #2But why worry about Europe? The reason is that the European banking system:
- is 4-times the size of the US banking system,
- is drowning in debt that cannot be recovered,
- and it's totally intertwined with the American banking system.
It's like the drowning man who pulls his rescuer under the water with him. So, too, Greece and Italy are pulling the other European countries into the monetary abyss. Look at the fires set by rioters in Athens in 2012. The panic is visible. Remember, fires spread β so does panic. Economic panic is causing corporations to withdraw their accounts in Spain, Italy, France, and Belgium. Individuals will do the same. Stocks are being dumped. Euros are being dumped. And the US banking system is linked to Europe's, so we are all in this economic mess together, and the experts predict this will continue to get worse before it gets better.
Jeopardy #3Have you seen any falling prices lately? Neither have I. That's because prices keep going up! And that's due to inflation. The government monitors the rise and fall of prices in the marketplace by the Consumer Price Index (CPI) which declares that inflation is at 1 or 2 percent. However, this evaluation is not to be trusted. So the Consumer Price Index that declares inflation at 1 or 2 percent is not something to be trusted. Why? Because every day things that people need to survive such as food, gas, and utilities, are omitted from the Consumer Price Index. I kid you not! The real cost of groceries has gone up x%, and the price of gas has risen x%, and so when the CPI says inflation is x% they are placating you.
Why are these every day items that we all use excluded? Because inflation is scary, and politicians and governments fear people in panic. And if you knew the real numbers, you'd be more likely to panic. Look at election campaigning. You will not see these issues addressed. That's because politicians cannot do anything about it. They make promises they can't keep to soothe the electorate and to make themselves feel like they have the power to save their country. But in reality, these things are beyond the politicians' control.
Why must we look at these issues that are so dangerous? One must face danger to deal with it. Putting on rose-coloured glasses or hiding behind a busy life schedule so you can have an excuse to procrastinate won't help when world events make your personal situation critical. Problems inspire solutions and solutions necessitate change.
The change occurs in your thinking as you learn to take control of your own financial future. Instead of relying on a conventional 9-5 job, you can build a residual income from your own home-based business. So what kind of home-based business is best?
Network Marketing is the solution.
The good news is that you're not alone.
βThe richest people in the world look for and build networks, everyone else looks for work.β(Robert Kiyosaki)