General Information about the Economy and the effect on Wealth, Income and Lifestyle
Each month with my Mastermind Groups we look at different aspects of the economy and how one thing can impact on the other. Strategic Investing is like having a crystal ball and being able to see the future impact on the economy. For example – when container shipping rates are high that will have an…
How many times have you been to a wealth training course, learned a strategy for making money and found it didn’t work? You are left feeling disappointed and let down and feel you wasted your money on the training course. In most cases the system works it is just the timing was wrong as all…
With so much hype around Bitcoin and how high it is likely to go, have you left it too late to invest in Bitcoin? Bitcoin Acceptance Bitcoin has been a part of many people’s lives since its launch in 2009. But it wasn’t until the approval of ETFs by the SEC (US Securities Exchange Commission)…
History tells us that recessions happen on average every 10 years. It isn’t a case of if a recession will hit but rather where we are in the recession cycle and how to be prepared for the next step. What Happens During a Recession A recession is a natural part of the ups and downs…
As the gap between wealthy and poor widens, frustration takes over and discontent says to tax the rich more. This achieves little, not because of safe havens or any other schemes to reduce tax. The real issue is the population is brainwashed from birth to be poor. Wrong Type of Education Global education systems are…
As one trillion dollars flows into the stock market, more than the previous 19 years added together, is this the new norm for investing? Stock markets have seen unprecedented increases at a time of a struggling economy. Businesses are battered by consistent lockdowns hitting jobs and profits. Proposed interest rate hikes are likely to hit the…
The problem with global markets is that something that happens on one side of the world could have a huge affect on the other side. Is the fallout from the Evergrande situation just a Chinese problem or a global issue? Who is Evergrande? Hui Ka Yan or Xu Jiayin,(in mandarin) is the billionaire founder of…
When is the plague of locust due? asked, Bank of England Governor, Andrew Bailey, as he issued warnings over a string of economic shocks to the economy while addressing the annual conference of the Society of Professional Economists. But why was the Bank of England and indeed, many Central Banks caught out by the lack…
China bans crypto for the umpteenth time but is it just another toothless threat or are things different this time? China No Longer an Asset Rich Society People have short memories and few remember back to the 2008 Credit Crunch, when the Western World was bankrupt. Businesses were tumbling like dominoes and disappearing from the…
When you look at information from the past you can see how major issues of the time were dealt with. You can easily identify trends, responses and mistakes. When you look at the issues of today, you can identify the same trends, see the same responses and identify the same mistakes. It’s not rocket science…
