– 100% inflation
– 50% unemployment
– 90% stock market crash
How do you prepare for the next ‘great depression’, assuming Mr. Robert Wiedemer correctly reads our future?
I have no answers for you, but I can tell you what I have done. I saved money, got totally out of debt – business and personal – and adjusted my lifestyle to endure tough times, all the while expecting to actually grow my business next year. Oxymoronic, you think?
Let’s look at history for answers.
Several great businesses came to life DURING the Great Depression: Motorola, Waukesha-Pierce Industries and 3M, GM, Proctor & Gamble and many others.
Economic collapse ends “business as usual”, opening the way for innovation and creativity.
As I understand, the Chinese symbol for “Crisis” has within it two symbols: ‘danger’ and ‘opportunity’.
If you are just waiting for someone to offer you a job, you may very well find yourself homeless and destitute. Get off your ‘blessed assurance’ and ask God for wisdom. He says he will give it to anyone who asks it of Him.
If you are a business owner, be ready in an instant to change the way you do business. Look for emerging opportunities. Like the gold in California’s hills, you’ll likely have to move a lot of worthless stuff out of the way to find your gold.
Speaking of gold, let’s revisit a famous European immigrant who came to America in search of riches in the gold mines of California. Instead, Levi Straus said he discovered, “The gold is in the seat of the pants”. Yes – Levi’s pants were created to meet a need for durable clothing for miners.
Take a few moments to read a Money News article and I suggest you view the reccomended video.
If you think federal government controls personal wealth, you, along with millions of other deceived Americans, will become very poor and very, very hungry. Government can only HINDER your personal success.
Your personal success is up to you.
Personal note to my Latino friends who voted for Barack Obama. You’ll vote very differently in 2016 – if you’re still around.