| Hey Friend !
I have some good news for you, but first the bad news.
It comes from various well known sources.
It’s from the Financial News...
... And it’s from a man worth many billions...
... AND it’s from a global watchdog group monitoring the world situation.
So what are they all saying?
First, a bit about Turkey and the crash of the lira...
“Market Update - Turkey Currency Crisis Causes Asia Market Slide Turkey's deepening currency crisis is putting pressure on emerging markets, with Asian stock markets falling on Monday”
...and from the Asia Times:
“Will Turkey’s descent take Europe with it and then, certainly, other middle-income countries? Is this the harbinger of a new global financial crisis that would be far more dangerous than the one in 2007-08?”
Hmm... that doesn’t sound so great.
But I’ve promised good news, too, so what about a word from the editorial board of the NY Times:
“... the market appears to be more overvalued now than it was before the crisis [2008 recession] according to Robert Shiller, the Yale economist who won a Nobel Prize for his work on bubbles in the stock and real estate markets.”
Ooops, no optimism from that, either.
Well then, how about an individual investor who has made billions anticipating the markets?
In a speech earlier this year, George Soros said that...
“... Rising anti-European Union sentiment, the disruption to the Iran deal, a soaring dollar and investors taking money out of emerging markets are adding up to bad news for the global economy. We may be heading for another major financial crisis.”
Ummm... you might be asking yourself: 'how much is the global economy going to affect me? My job? My employer? My industry? My region? My currency?' Perhaps more than you might think. You'd better think about that.
But what about the good news I mentioned?
Let’s think about it for a minute.
As individuals or small businesses, we’re more nimble, more responsive and creative and can adapt much faster than the economy as a whole and all the lemmings who just follow and do what they're told.
In a way, the effects of the global economy are much like the British army was in the revolutionary war when they’d advance in columns and in formation wearing bright red coats to the beat of the drums making themselves easy targets for the patriots who in turn were scurrying about behind the rocks and trees picking off the British soldiers one at a time.
The British were following the ‘rules of engagement’ as it existed at the time. The colonists said, ‘To hell with that! We’re coming up with our own rules of engagement!’ ...and they won!
The patriots were nimble, flexible and could react on-the-fly. They could see the British coming and position themselves so they weren’t easy targets and had good cover to survive the attack and then be able counterpunch if they didn't cut if off at the pass to begin with.
And that’s exactly what survivors of the coming economic storms will be doing: thinking out of the box and coming up with their own ‘Rules of Engagement’
So if all hell breaks loose on the world's stage, YOU can still be sitting pretty.
There are ALWAYS people who make a killing in the worst economic situations.
I’m not talking about taking advantage of people who are in trouble.
No, I mean being properly positioned so that they are largely unaffected by the winds of ill economic tides and with a little bit of foresight, can be in position to profit nicely.
That’s why I created the Global Entrepreneur membership in the Lighthouse Law Club which adheres to the following principles;
- Learn to live like a king while being a pauper on paper
- Minimize your exposure to banks and traditional financial institutions and their investment instruments
- Minimize your holdings in fiat currency and shift holdings to ‘appreciable assets’ so when fiat drops to the sewer those assets rise through the roof. - You can’t lose what you don’t own (use powerful trust management)
No matter what’s going on in the world, YOU control your own destiny and can never be stripped of your legacy which will be your family’s inheritance by the ‘wanna-be’ controllers of this world.
As a smart, 'in-tune' individual or small business, you’re NOT at the mercy of forces that devour ordinary people… and even ordinary entrepreneurs.
The signs, the signals, the bells, the whistles are going off everywhere…GET OUT OF FIAT CURRENCIES, BANKS, BROKERS!
Whatever you do or don’t do, be sure to watch this video interview by Greg Hunter entitled THE WORLD IS VENEZUELA!
https://youtu.be/vM-PcocIDB0
This will give you pause to consider what I’m saying.
Then take a hard look at what’s available to you in the Global Entrepreneur business package which should be looked at as a lifeboat to carry you through the coming storm.
The prudent shall be victors not victims!
Peace and blessings to you and yours!
Mark |
