Finance Blog 22nd February 2009
Well, it’s all happening around the world: governments using “Quantitative Easing” i.e. posh way of saying printing money – to try to solve the financial crisis. Who is going to get bailed out next? How will they decide who to save and who to allow to sink? Who else will be exposed for vast fraudulent activities? It seems to be endless – while the average person is concerned about their job security and their home – the people at the top seem to be in charge of our destiny.
It is time for us to begin to think for ourselves and not to just elect a new government every few years and then sit back and let them do as they wish. They haven’t made a very good job of it have they?
It is vital to begin to deepen your understanding of the issues, to start to help your community and to see a world in which money becomes our slave and not our master.
The next 20 years are going to be completely unlike the last 20 years. There is a sharp corner coming, and those who are well-informed will be better off than those that will undoubtedly be taken by surprise.
Here are a few things that I saw that just didn’t make sense:
- we were consuming way beyond our means
- the gap between incomes and house prices was getting larger and larger
- the decline in credit standards was becoming ridiculous – anyone and everyone had the opportunity to take out a loan
- credit was expanding faster than the economy
All these things alerted me to the fact that there was going to be a huge problem ahead of us.
It’s time now to Trust Yourself. If you see something that doesn’t make sense – trust your instincts. You can avoid much of the pain coming if you listen to your intuitions. Your future is up to you. It’s time to take responsibility. You have a lot more control than you think.
The first step is the awareness, then the understanding and finally you will come up with the solutions.
As I see it at the moment:
- get your money out of the banks or at least spread it around a few financial institutions
- have some cash on hand
- get gold and silver
- get out of debt
- rent rather than buy
- get your health seen to while there is time and resources left
- get your car serviced and running well
- learn how to become self-sufficient
- get off the grid or at least have a backup solution
- reach out to your community and get involved with projects that will make you more self-sustaining.
Have fun!
Saturday, February 21, 2009
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