The Road Back for a Nation is 3 things:
1. Stable Money that the government can’t play with. We need a commodity or gold standard backing our currency again.
2. Lower Taxes – Quit putting a load on the back of the hiker trying to make it up the hill. If you keep taxing the engine, pretty soon the whole train stops. 40% of the US pays NO income tax, in fact, they either get it all back or more, or they’re on the dole. When that number gets to 51% it’s over. It’s over. It’s a mob and there’s no stoping… do you realize how close we are?
3. Deregulation – Less rules. Less laws. It’s like breathing oxygen into a suffocating patient. Politically, this is very tough to accomplish especially with the short term voters who have their hand out.
You gotta get outta debt. When the bubble pops and you go from making $20 an hour to $7 an hour, and be thankful for that $7, then your debt will kill you and put you out on the street. You need to develop cash flow to buffer you when the bubble pops. Find an asset that develops cash flow.
Invest in fundamentals not fads.
Own REAL things. A car that runs and is dependable. Become a hoarder of those things that will see you through for months if you lose your jobs or the monetary system collapses. Food, medicine, firewood, batteries. You don’t have to act on fear but rather, use the principle of the Boy Scouts and our Grandparents… “Be Prepared, Have a Plan”.