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The Economic Crisis
The Economic Crisis in the US and around the world is happening now. I haven't really had much interest in it until today when I read an online book project called "Conspiracy of the Rich" by Robert Kiyosaki. I usually stay out of economics mainly because I don't know a lot about it. It is this exact lack of knowledge that has gotten us all into trouble.
This book clearly outlines the facts on how we got into such a mess. It starts way back in our education system that does not teach people about how money and the economy work. It isn't just simple how to balance your checking account info but the real info on what makes an economy tick.
The Federal Reserve is also a big part of it and I learned in the book that the Federal Reserve isn't Federal and it isn't a Reserve. It is run by the good old boys club who continue to make money off of everyone else.
The old system of go to school and do good, graduate from college, get a job, buy a house and go into debt until you retire isn't working anymore. There isn't any retirement system any more. There isn't any stock market anymore. It has moved. It took almost 35 years for the US to recover from the last depression to the point that the stock market was at the level that it was before it came apart.
Is Obama going to save us? Many think so and are counting on him. Many think of him as their messiah instead of taking responsibility for themselves. "Conspiracy of the Rich" proposes the question and then states that the real question is "how can we save ourselves" and Kyosaki has a pretty good plan and answer that will help many do just that.
Part of the plan is to create passive income and create a stream of cashflow. That is what I am doing with this site and teaching others how to do the same. You can learn how to do it yourself by reading this site and using Site Build it! to solve your economic crisis !
You can actually read the book for free online and participate in online discussions and give your feedback of the book which will go into the final edition that will come out in the fall.