One financial disaster follows another – Are you concerned?
I read the other day few articles about the “crash” that we will face over the years to come and discussed by economic forecasters like Harry Dent. He said that the “crash” looks like to hit the world markets. The predictions are that the downturn will spread from Europe to the US, China and Asia.
Well, predictions about the end of the world have been made and recorded in human’s history since the begin. Regarding the housing market in New Zealand the predicted downturn was 30% of property values. Now on the bottom of the market New Zealand is probably one of the safest places on earth to survive the “crash”. Possibly the internal problems are far more serious to be concerned of.
Interestingly “Gold and Silver are going to crash” Harry Dent said – but my concern are more the printed “Paper-Dollars” and would you go along with that? By the way people in New Zealand have so plentiful resources available (still not fully utilized) to make life better, land, wind and sun are available – just do something with it – right?
It also needs to be understood, living in a lucky country comes with a price to be paid. Look at the strong Kiwi-Dollar and the inflation pushing up the price developments. And not to miss the rising interest rates, rent increases and new taxes are still to come.
How can you minimize the impact on your personal life?
Following article illustrates what you can do, read here more. If you understand the opportunities currently on offer you will be in few years time a very lucky person that made dreams come true.
Think about it – it’s your life.
Klauster