... to sound the alarm, to shout mayday, and to give you time to prepare. In sounding the alarm, I don't necessarily mean run and hide. While it's unfortunate that many people will be wiped out or suffer severely, others will go on to do extremely well financially. I want you to be one of those that does well, no matter how bad things get. ~Robert Kiyosaki, Mayday
We're living through history even as it's being created.
WELFARE CUT.PENSIONS CUT.SPENDING CUT. (AND TAX RISES TO COME) - The Independent, British Newspaper. Europe is crashing and the people that are paying the price are the poor, the pensioners, and the middle class.
George Osborne, the English Chancellor, warned the cabinet that the spending party is over and the middle class is going to foot the bill. The article states that benefits for children, the unemployed, and the sick and disabled will be reduced or cut altogether. Also targeted are tax credits, special benefits, and the generous pensions paid to public servants. That does sound like a war on the middle class.
The point to remember is that this is the conspiracy in action. The objective of COR is to make people poorer through higher taxes and inflation while they get richer.
The tragedy is that most people are angry but seem content to let their government leaders solve the problem.
As the world economy slides down towards a depression, prices will come down and I'll be using more and more debt to acquire assets.
The tragedy is that while it's smart for most people to save, they'll be the ultimate losers as the dollar, or the euro, or yen, or peso becomes less and less valuable, and as taxes and inflation rob people of their wealth. Rather than saving money, I'm acquiring more oil, gold, and silver - assets.
What are you doing? This is the greatest wealth transfer in the history of the world.
Looking at the headlines from Europe, it's obvious the rich plan on staying rich and asking the poor and middle class to pay the price for their mistakes. This is COR in action. The crisis is only beginning for many people who once thought the crisis was over.
Remember two things from COR.
Money stopped being money in 1971 and became debt.
The last depression lasted from 1929 to 1954, a period of 25 years.
While I doubt the two depressions will be the same, one thing is for certain, many who were rich or middle class in 2005 will be poor or broke in the next ten years.
Make this the opportunity of your lifetime.
