Is There Any Good News Related to the U.S. Economy?
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by: JanShimano
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* 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.
In all likelihood, you know someone who is having a great deal of difficulty even holding onto their home. It's just heartbreaking and, if you are like me, you just don't know what to say to them.
For just about as long as we can remember, we have always been a three tier society made up of the rich, the middle class and the poor. However, according to experts like Donald Trump and Robert Kiyosaki, we are heading for a two tier society. Can you guess which tier is going to be eliminated? It's the tier that probably you and I are part of right now. Yes, the prediction is that the middle class is on its way out. We are going to be left with just the rich and poor classes. 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...."
I am sure you want to know how you can be part of that rich tier and be one of those new millionaires. I can tell you one thing, it's definitely 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 one of the new millionaires you should start a home-based business. The start-up costs are usually very small and immediately you have major tax benefits for having your own business. Make sure you do your research and 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!
About the Author
Jan Shimano was District Manager for Health & Welfare Canada for a number of years. She was also self-employed as a Nutritional Consultant. She is currently a Business and Health Coach and operates her own internet marketing company from her residence in British Columbia. You can learn more about Jan by visiting her youtube channel at http://www.youtube.com/1jinny
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