A Historic day, screaming for Home Business Building

What a day! Lehman brothers filed for Chapter 11 bankrubtcy, BoA buys Merril Lynch, AIG goes for restructuration (54 bn losses), European Stocks close 3-4% lower, financials 6-10% lower and some banks even lose up to about 40% of their share value.

This is an important day, a historic day, the day where the world becomes aware of the domino effect caused by the sub-prime desaster, where over a Trillion Dollars of peoples money has been destroyed (so far).

This day gives a major boost to the people who distrust Governments and Pension Institutions. This day raises a bunch of major questions about our economic, financial and social instritutions and systems.

Yeah, it's the perfect catch 22: you got a job, you earn your money, yousend to your pension fund monthly some greenbacks to invest into long term instruments with the goal to secure decent life after your retirement. You have got loans for your house, your car, your TV, even for your Hamster Cage, to "leverage" on your salary, to live a lifestyle you cannot afford but a lifestyle "society" imposes on you. You have a job, a job that produces goods consumers can afford…because they get loans to purchase those products (cars, houses for example).

Your mortgage rate increases, your salary does not. You cannot anymore afford the products you are producing or the company you work for produces, the products became too expensive, or your salary is not sufficient to cover the cost or to secure additional consumer loans.

The product must become cheaper for you and millions of other American or European consumers … which is easy to achieve by relocating production into a low salary, low safety standards country such as some Asian, African or Eastern Europeancountries.

The catch: while the product gets cheaper and you could afford it now, you cannot purchase it as you just have lost your job, your salary, your banks security for all your consumer and mortgage loans, since your job is now done in a low salary contry.

Double catch, your mortgage becomes illiquid and you are driving straight into forclosure.

No job, no house, how about your pension?

Tripple catch: the pension funds, institutional investors have placed your funds in safe instruments, such as banks (wow!) insurance companies (double-wow!), real estate funds (triple-wow!), industry which produce for customers who have lost their purchase power (quadruple wow!), … and we have not yet seen the bottom of the vortex.

It's just the beginning of a new phase where the American Government does not bail out big instritutions anymore because the priority is the financial system as such. Today may have been the last time the European Central Bank kicks in 49 bn Euros to help provate institutions with day to day liquidity to absorb the direct hit from Lehman's failure.

It's the beginning of a period where the markets need to regulate itself by rationalizing away losses, i.e. by bankrupting companies and individuals.

My concern is not the institutions, but the individuals who have entrusted them with their savings, with their security for the old days. Check the value of your pension money: it's 30-40% down from what it was 2-3 years ago, while your debt and debt service have increased.

Brilliant: you have been working for 40 years to save enough money to spend some nice years after retirement and you have just lost 15 years of those savings ( you better live 15 years less long than projected, since if live lasts 15 years longer than your money, I cannot see who will fill in the gap for you; in any case not your children as their money we have already spent…).

Who the heck can you count on if not on yourself, on  Your own initiative?

In a world where economics, family budgets and pension funds are in a catch 22 thumble, how can you break out?

There is only one way I can see: get in control of your financial destiny. Get in control of your pension. Get in control of your income, job, perspective and retirement.

Creating your own home business is the first step to financial freedom. Even while you keep your normal corporate or blue colar job (if that one has not yet been relocated to Asia or to the Balkans).

Creating your own small business gives immediate relief and puts cash into your pockets: first because of the tax breaks, second from thye income you generate.

Crises situations like what we are living these days, are a great time to go out and to change your life. In stead of just sitting there and letting it happen to you, in stead of being the helpless victim of governmental and institutional mismanagement, you owe it to you and to your family to take the initiative and to go for alternartives to your catch 22 situation.

Tonight there are many worried families out there, families who may see their local banks crumble, their share portfolios melting down and the value of their houses (savings) eroding while mortgares, food and energy cost increase. Families who are discussing a future where there seems to be only a dark tunnel, without any light at the end.

Our industry has proven resistent to above turmoils; the Home Business Industry is what keeps hundres thousands of families alive and on a decent standard of living. Home Business, the supplementary income of the 80ies has become a major factor of budget stability and of perspective for a better future of many a family.

People will not stop consuming and they will continue to need fuel and transport. However, they may consume differently and they may change transportation and communication habits. The internet is the place, where we can consume the same products cheaper and where transport can be replaced by advanced communication (such as online conferencing).

Of course the online development will rationalize away millions of jobs, but then it will create also new jobs, right here, right where you live. Physical shop owners, intermediaries, brokers will be rationalized away and the direct selling industry will generate huge gains, gains which remain widely with people who work from home.

Make Money with Home Business Opportunities such as DubLi, where we are positioned exactly where the market is moving to.

We will be glad to advise and to inform you about our view about the development of the DubLi Home Business and we will show you why we are building that business as a well welded team of online professionals. We invite you to be part where success has its marks and where you will not be left out in the rain. We invite you to join the team with the best track record, the best level of trainings and online education and the best support round the clock. We invite you to join the most experienced team of DubLi Networkers.

Have a look at http://dubLicator.com and request a personal consultation with Bianca or myself. We will be glad to introduce you to the most viable solution out of the catch 22 and into a future with vision and perspective. And we would be glad to count all those who qualify for the opportunity and who share our strong desire to be in control of our and our families financial destiny and wellness.

Yorgo
Dublicator

PS: Watch out for our Networking Seminar with special focus on DubLi Networking in the USA. Work in America from anywhere in the world!