Video on the US Dollar's Collapse

This excellent presentation explains why the American dollar is headed for collapse. The USD collapse will affect the Canadian economy, and possibly drag the CDN down with it (due to the U.S. being Canada's largest trading partner). To find out how to protect your money, and even prosper in the age ahead, begin with this crucial book.

Remember: those who inform themselves, prepare, and take action (by reading books like the one I've recommended) and change to frugal lifestyles, stand strong. Worry is not necessary... action is. I look at the coming age as a time for honesty and adventure. It's an inevitable phase in humanity's ongoing evolution.

Stand united with your family and friends. Share this knowledge, and work together to form community solutions to the challenges ahead. It's high time for team work and cooperation.

- S.R.

"The Collapse of the Dollar - and How to Profit From It"

This book is an essential source of knowledge for anyone who wishes to understand, survive and prosper the coming era of drastic economic change. Get it at Amazon.ca today.

To your health, happiness, and prosperity.

"2009: Another Year of Shock and Awe"

I am researching the issues surrounding the state of the global economy.

My current sense is that we are witnessing the verge of a collapse of the consumer culture. The collapse would come from its own excess weight. It has become too obese for its own good, like a man who cannot get up off his couch because of his own unrestrained indulgences.

Here is one of the most lucid articles I have read about the state of the economy:

http://www.dailyreckoning.com/2009-another-year-of-shock-and-awe/

Not for the faint of heart!

Some highlights:

"The country got into this mess by living beyond its means for more than a generation. That's the message from the debt that's burdening so many individuals; debt is proof that you're living above your means."

"The solution is for people to significantly reduce their standard of living for a while and start building capital. That's what saving is about, producing more than you consume."

"In fact, Americans refer to themselves as consumers. That's degrading and ridiculous. You should be first and foremost a producer, and a consumer only as a consequence."

"The way you become wealthy is by producing more than you consume, not consuming more than you produce."

To become a saver requires a new way of living, based on a new perspective. The new way of living can be summed up with one word: frugality. Of course, not everyone will choose to exit the sinking consumerist ship.

Here's a revolutionary tool for money management and becoming financially prosperous (which is relative and has nothing to do with the zero's after your bank balance).

Feel free to forward this post to your family and friends. Knowledge is to be shared.

Future blog posts: if a sink is shipping, what do you do? (answer: you get off the sinking ship, get on a lifeboat, and look for a seaworthy ship)

Have a great day.

P.S. I recommend subscribing to The Daily Reckoning. It is lucid, honest, and insightful. Accurate financial insight will be important in the year ahead.

Money in 2009, Will Not Be Like Money in 2008

Money is not a trivial issue.

It should be paid attention to, because it is a representation of our energy (given to work, and given back to us). Money can help fund our aspirations and projects. Money has always been a prevalent issue in human affairs.

I believe it will become important in 2009 to learn more about it, and how to manage it.

You see, the world economy is changing drastically. We are all aware of talks about recession and "hard times ahead". However, few of us are equipped with insight and strategies about the real reasons for the economic turbulence that we are going through. The real reasons are complex, and the web goes very deep.

I am researching the matter, and will share with you what I believe to be some fundamental reasons.

I will also share wealth protection strategies, through this blog. To protect your family's wealth.

One thing I have come to understand, is that the US dollar is on course for inflation. Unless some drastic societal changes are made with enduring habitual changes among the indebted American people, the American dollar looks on course to collapsing under its own weight.

Put simply, the greedy dollar has become too obese for its own good.

(to understand why I call the dollar a "greedy" currency, click on the link above - it has to do with the way the dollar is printed out of thin air).

Please note that whatever you read on this blog is my interpretation and does not constitute professional advice. Do your own research for verification, and come to your own conclusions. They may or not match mine.