Wow, let me just say that this book by Robert A. Wiedemer and Cindy S. Spitzer will hit you hard with a dose of reality about the state of the U.S and world economy as it stands today. The book goes over details on the problem and how to protect yourself for many categories of your wealth.
After watching this video called the “Thrive Movement”, I wasn’t so much surprised. Much of what is in this documentary I realized years ago. Over 5 years ago, I knew that the world doesn’t operate like what governments and media tells you and I was also trying to find out why it was getting harder to get by, even with a decent paying career income?
-Greece free lunch is over
-Don’t know Euro can survive
-America is the greatest debtor (owes the most money) in the history of the world
-American cannot compete anymore
-The U.S dollar is a flawed currency
-Other people’s money
-The world economy power is moving east to Asia
-More central bank money printing coming
-New global financial recession / setback in 2013-2014
-The people that lose their jobs will suffer the most
-Businesses will suffer globally
Ask yourself, if the U.S economy is doing so well, as the mainstream media has promoted then why are wealthy Americans lining up to leave the country?
The mainstream media tells the people / sheeples in the U.S that we are in a recovery. Just go spend your money and enjoy your life, everything is fine. But the reality is further from the truth with unemployment rising, States that are bankrupt, cut backs in government on all levels and rising U.S Federal debt. America is bankrupt…that is the truth and the rich people all know it.
Great video of economist John Mauldin talk about where America is going with all this debt being created in the name of economic recovery. John Mauldin has been a guest on Yahoo Finance, Reuters and other financial news network before discussing his views on the U.S and other economies.
After watching this video or his presentation you will see just how grave the economic situation is in the United States.
As promised, here are a listing of option trades I made on Apple (AAPL). Apple’s stock and option contracts are great to trade when it experiences some weakness. When the stock price takes a hit down to near its stock price major support level, and all the technical indicators (MACD, Forecast Oscillator and DMI) on the chart looks to be all in line, I have been buying some DITM CALL option contracts, then selling the options when it rises near AAPL stock price resistance level. Today, AAPL was down in early trading about $5 or 4% to $137.50. However, it has come up a bit since.
I read an article recently about people who are in their fifties looking for work that get passed up because of their age. Employers are choosing the younger workers over the older potential applicants even though this practice of ageism is illegal. Age discrimination is illegal when it comes to hiring practices, but very often this type of discrimination is very hard to prove in court and because of this it is commonly practiced by individuals who are in the position of power to hire employees.
I dabbled in entrepreneurship a little here and there before making the serious decision. For instance, when I used to travel to all over the United States, Asia and Australia for my the software company I used to work for I would look for things that I could re-sell on Ebay.