USA going same way as declining Roman Empire (watch Maloney's video)steemCreated with Sketch.

in #economics6 years ago (edited)

According to a CFSI survey, 44% of American citizens said their expenses exceeded their income in the past year and they used credit to make ends meet. Another 42% said they have no retirement savings at all.

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....and I say...ALL politicians do this! Why? Because they ain't got real influence on real economy and they are all lead by upper 0.01 %. And THAT is another way to show us, we have to take care for ourself and not to wait for someone to take care for us.

For all, who do not really understand, how can USA be declining so fast and so hard, I recommend you to watch two videos below, both one of series on economics 'Hidden Secrets Of Money' from Mike Maloney. You will learn a lot.

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I'll spend an hour watch those videos.

As for people living in debt, a lot of it is lack of education at home and bombardment from the media.

"You can afford it!" they said. And your average public school would never teach your children about useful things like filing taxes, 401K, investments, etc.

Because going in debt is such a good idea.

Going in debt was never a good idea. Well, it is for banks. Because you become their slave for long long time. Public school never teaches how it is in reality. They just teach what they have written down in their daily rulebook.

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