Wall Street Cheerlearders



Read More: Personal Development

Allot of people in the country know this fact, but many more people are unaware of some facts concerning our economy. This is not a "doom & gloom" message, just information that could save you tons of grief and financial pain in the coming months.  Facts?  Two more economic bubbles are going to pop, adversely impacting the economy.  They are the "Dollar Bubble", and the "Government Debt Bubble".  The bubble that is deflating as I write this, is the "consumer discretionary spending bubble".  Don't be fooled by main stream TV news and Wall Street "Cheerleaders".  The economy is not in an up & down recovery cycle. It is still on the way down. Commercial & residential real estate have not bottomed out, so wait 1 to 2 years to "get a deal" on real estate. If you have a job in say,heavy equipment manufacturing, new construction, auto sales, or the "capital goods" sector, seriously consider retraining for employment in "The Necessities Sector". By that I mean Health Care, Education,Food,Basic Clothing Sales,Transportation, Government Services, & Utilities.  Buy gold while it's still "cheap", get out of paper investments, and get ready for some lean times. The "Cheerleaders" are telling you that a "Down Economy Always Comes Back Up". But they're not basing their statements on facts, just the fact that "That's what it's always done in the past, so it has to do it again"! Wrong! Our economy is "Evolving". The U.S. Economy on the other side of these hard times to come, will be much different from the one we have now. The U.S. Dollar will no longer be the "Rock Of Gibraltar".Real estate prices will come back down to "sane" levels, and inflation will be on the way out. But for the next few years, get "lean & mean" in your finances. Don't buy what you don't need, buy silver & gold, & pay off as much credit card and auto loan debt as you can. Cultivate your network marketing skills & organizations, and when you can, help your neighbor and those in need. Remember one thing, WE WILL GET THROUGH THIS, if we do it together.

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About the Author: Virgil T Smith

Member Since: 08/04/2008

I'm a Distributor For:: eFoods Global

Other Company: http://www.lottopaysme.com/default.asp?sponsor=V2020

Industry: Food and Beverage

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