Jim Rogers has some great insights based on logic, common sense and history, while the idiots running the American economy is in fantasy land and are mis-managing everything.
Watch the video, and know what is coming down the pipe , in terms of the world economy in the next few years.
Other U.S Government departments are affected by government shutdown like NASA. A few days of no work for more than 10 million Americans is going to impact the U.S economy in a big way.
It basically means these people will be tightening their belts.
In last few years the Euro Zone has been deteriorating. First to head for recession and then depression was Greece, then Cypress, Spain and Portugal. Unemployment at many of these countries now exceed 20%.
The U.S media hasn’t broadcasted a whole lot about this but now here comes France…one of the largest economy in Europe. France, economy is burden by huge debts and the economic slowdown continues.
Jim Rogers talks about Americans electing a charismatic president and believe everything he says, while in the background the government is destroying America’s economy and taking away human rights of citizens.
More people in the United Kingdom are having financial difficulties more than ever, things are really bad…people have loss their jobs and new jobs are scarce.
People in the U.K have really high debt and living expenses are high as well. They are feeling squeezed more than ever.
The U.K government earlier on imposed austerity (cut back on spending) and the economy went into recession, now the U.K government is trying to print money to help boost the economy, but this move will increase the government debt.
This video just uploaded last year 2012, so the content of his view and predictions would be for this year 2013. Let’s see if Rosenberg from Gluskin Sheff’s is correct, there is 6 months to go until end of year.
Mark Passio outlines a lot of ideals, concept, psychological and political insight about what “The Matrix” trilogy set of movies try to convey to the movie watcher. He also, talks about how the majority of viewers will not get what the Matrix movies are trying to tell them.
Don’t hate the rich and wealthy. At one point they were either poor or middle class just like you, however the difference is that they think differently and work much harder.
Sometime, people who are struggling say to themselves, I work extremely hard…why am I not rich. The reason, is in “how you think” and know how to find opportunities.