What is Happening to the U.S. Economy?
Here are some very disturbing statistics that have recently been reported by the news media. After studying them, you no doubt feel that the future can only be very grim. Please continue reading, because later on in this article, there is going to be some very encouraging information.
* 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;
* USA Today recently reported that the greatest fear in America today is running out of money before retirement.
We probably all know of someone who is in the process of losing their home. It’s heartbreaking and no one knows what to say to them.
For as long as I can remember, here in North America we have always been a three tier society. We had the rich, the middle class and the poor. You might to surprised to learn that experts like Donald Trump and Robert Kiyosaki are saying that we are heading for a two tier society. Can you guess which one is on the way out? It’s the tier that most people think they are in. Yes, the prediction is that the middle class will no longer be with us. We are going to be left with the rich and the poor. Which side of the fence do you think you are going to end up on?
I agree, this doesn’t look too encouraging…but now for the good news!
These same experts are also predicting that the household wealth in North America is going to double, exceeding $100 Trillion….and this is going to happen in the next ten years. During this period there are going to be more millionaires created than 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….”
Do you want to know how you can be one of those new millionaires and be part of that rich tier? I can assure you of one thing…it’s not going to happen by osmosis. It’s going to take some definite action on your part.
Let’s get back to the experts and their advice. They suggest that if you want to be a millionaire during these times, you should start a home-based business. The start-up costs are usually quite reasonable and you will immediately have great tax benefits for being self employed. I highly recommend that you do your research to find a company that is a good fit for you. There are literally thousands to choose from. I have found the one that works for me and I intend to be on the ‘rich’ side of the fence. Why don’t you join me there!
This contribution is sponsored by FindHotMarkets.com - World Internet Marketing.
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