Society is made up of individuals. In each family unit, street, community, neighborhood, village, city, region, country, and continent throughout the globe, there are people who are currently doing MORE than they’re asked to do while others are doing LESS.
Those who do less come at a great cost to others, due to the way our nations are structured. Collectively, we all decided that we need to support our elderly, young ones, misplaced ones, veterans, disabled, and other factions of our citizenry. Each country is different in that regard, but almost all industrialized societies have programs in place to offer aid.
These programs are hitting their inflection points in Europe and North America.
Governments face the terrible prospect of going back on their initial promises, admitting failures, and putting immense pressure on the way they’ve messed up their balance sheets.
Worse, once they open this can of worms, they put the stability of their currency, the validity of their power, and the level of faith they receive from the citizenry in jeopardy.
Governments are a product of the people who make up the country. They’re elected out of the existing pool of individuals who comprise society.
I’m all for helping anyone we can, but the current way of “helping” (by sending a check to people who lack the proper knowledge of how to manage their personal finances) is inefficient.
We need a revolution when it comes to the incentives we cherish. Governments have to open the doors to opportunity, not direct aid, solely. Like I said, all nations would be better off if all of us would do more than we’re required to do. Regression and distraction do us disservice.
We need more critical thinkers, independent opinion makers, and people who want to break through the current shackles of limitations.
Since you and I can only control our own actions, we must first and foremost exercise discipline over self-conduct, prioritizing what’s truly important and not fall prey to mediocre environments that we might be exposed to.
Others will follow by example when they see our success. Be a leader, not a drifter.
Personally, the idea of retirement at 65 is non-existent in my mind. I wake up every day with one financial goal, which is to build a passive income stream. I’ve got a target and a net worth number that I’ve ingrained in my psyche. Retirement is on my own terms, not what society makes us think is possible.
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This vision is constantly in the front of my mind, while the desire and faith to see it through have become convictions.
If America wants to avoid going down the path of bloated up empires, it needs individuals to make this resolution today, right now.
Believe me, having a dedicated focus accompanied by the purpose to follow through with a plan you’ve put in place is the greatest of personal challenges and the state of mind it promotes of self-efficacy and self-reliance is the most unique state of joy you can experience.
The U.S. has only plateaued for the individuals who have sold themselves on this dire fate.
Every second you can either do more than you think you’re capable of or you can do less.
The world is advanced by the few who push the envelope.
Truly foolish people and genuinely poisonous economic theories have put the world in a state of trance towards accepting our debt levels as normal. These are rotten politicians, corrupt bankers and deep state elites.
These debt levels are not normal, and we’ll all pay the price at some point.
Be one of those that gets hurt the least by setting yourself up for success. Hedge your bets by making sure you’re isolated from a USD crisis as much as possible and you’ll come out victorious on the other side.
Best Regards,
Tom Beck
Research Partner, PortfolioWealthGlobal.com
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Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
