Table of Contents:
1. Welcome 2. Risky Business 3. State of Bankruptcy 4. Private Sector Money 5. Taking Charge 6. Income Streams 7. Basic Human Drivers 8. Your Magic Combination 9. Giving People What They Want 10. Dating Matters 11. The Five Rules 12. Seven Profitable Solutions 13. Revenue Models That Work 14. The Seventh Method 15. Window of Opportunity 16. Jump to Action 17. The Action Plan 18. Fifteen Resources 19. Effort is Required 20. Feed Your Brain 21. Review and Summary
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Risky Business
The financial bailout of the U.S. banking system is a dark cloud with a silver lining. The dark cloud, of course, is that it put the U.S. on a track towards inevitable financial demise. There is no escaping the debt burden heaped upon the backs of U.S. taxpayers. In time, the bankruptcies will sweep through corporate America, then city and state governments. Eventually it will reach into the heart of Washington and bankrupt America's government.
But I'm getting ahead of myself...
Until that happens, the silver lining in all this is that Congress has bought us some time before the worst-case scenario kicks in. We've all been given a temporary reprieve. Before the bailout, the financial collapse of the global banking system was imminent. But now, after the bailout, the risk of a sudden collapse has been somewhat reduced and replaced with a long, slow march towards inflationary demise.
Why is this good news? Because it gives you more time to earn more money and save more money before the big bankruptcy hits. How much time? It's impossible to tell, but if we can get through this immediate crisis and see things settle, we could have another 3-4 years before the dollar really collapses.
Do I know for sure that it's 3-4 years? Nope. I don't have a crystal ball. It could be as short as 18 months or as long as a decade. I can't tell you for sure what's going to happen in the next 3-4 years, but my best guess is that there's an 80% chance now that the big bankruptcy / hyperinflation events have now been postponed until around 2012. (There's also a 20% chance that it could all collapse within days or weeks, however...)
With these expensive bailout schemes, Congress is playing a strategy of delays. By mortgaging the financial future of the U.S. dollar, they've been able to buy a little more time in the present. It will come at a huge cost, of course, when all those debts come due, but for right now, you have a rare window of opportunity to take action to protect and expand your savings by building your financial safety net.
This window of opportunity has just been bought for you by the U.S. Congress. They've spent almost a trillion dollars in future money just to delay this financial collapse. My question to you is: Are you going to take advantage of this limited window of opportunity and do something about it?
Of course! But what, exactly, should you do right now to protect your savings and enhance your income?
Click NEXT to find out...
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