Economic Evolution
Submitted by christodd on Mon, 05/24/2004 - 20:01.
Business
Times have changed. Families, stocks, jobs, politics, and economies are all different from 50 years ago. The middle class has evaporated, and the world is quickly being divided between the rich and the poor. Then the rich continue to get richer, making the poor seem poorer. A silent economic revolution has occurred. Money and financing has evolved. And those stuck in the the dark ages of making money are getting poorer every day.
Gone are that days of social security and 401k plans - inflation, population growth, and national debt are guarenteeing that you will never retire using the process laid down by our parents, working hard for a salary
I think of working for a paycheck as I do hunting and gathering. Once you are no longer strong enough to find and kill your food, you will starve. Like our ancestors, we must evolved. We must begin farming.
And what will be farming ? Passive Income.
