What on Earth is Happening to the U.S. Economy?
By Jan on Feb 2, 2009 in Financial Matters
The following are some statistics that have been reported in the news media. If you take this at face value, then you are going to feel that your future looks grim indeed. Keep on reading, because there is some good news later on.
- Total consumer debt is growing 23 times faster than the entire U.S. economy;
- The savings rate in the U.S. has dipped into the negative…something that hasn’t happened since the great depression in 1932;
- The U.S. Dollar has lost half of its value in the past 10 years;
- The unemployment rate has taken the biggest jump since 1986;
- The magazine, USA Today, recently reported that the greatest fear in America today, is running out of money before retirement.
We have always been a three tier society. We have had the rich, the middle class and the poor with us for as long as we can remember. However, the experts like Donald Trump and Robert Kiyosaki are telling us that we are heading for a two tier society. The middle class will be a thing of the past.
I know this doesn’t sound encouraging, but now for the good news!!
We are in fact headed for a time when during the next 10 years there are going to be more millionaires created that at any other time in history. Paul Zane Pilzer, who was economic advisor to two U.S. Presidents, is quoted as saying “We’re witnessing nothing less than a millionaire population explosion in the 21st century….”
These same experts tell us that if we want to be one of the new millionaires we should start a home-based business. The start-up costs are usually quite small…especially when compared to starting a brick and mortar business. There are literally thousands to choose from. I have found the one that works for me and I intend to be one of the the new millionaires that are coming along during the next few years. Why don’t you join me?
http://www.GetAlkalizedWithKangen.com
