No Bail Out...Next Time!
I don't want to give myself a bad reputation here at MLMGateway because I feel it's a FANTASTIC forum and one of the best, if not THE best platform for MLM'ers to gather and share ideas, tips, strategies and our business opportunities.
The bad reputation I speak of is "Frank Mayes the Gloom & Doomer" or "Frank Mayes the Conspiracy Theorist." Carrying that tag will only cause you guys to take one look at your email and see that Frank Mayes has published another business announcement and say, "Oh him, I already know what he's going to rail on about today, so I'll just pass on reading whatever he has to say."
So with that being said, I promise this will be the last time I'll write an announcement centering in on our troubled economy and where I believe we're headed. The last announcment I wrote was called "Will You Be Ready?" If you haven't read it, I wish you would.
If you're fortunate enough to be reading this, I know YOU ARE DIFFERENT! You have to be. Think about it.
Despite network marketing having been around for over 75 years, and despite The Amway Corporation legitimizing network marketing with the 1979 Federal Trade Commissions ruling that Amway WAS NOT A PYRAMID SCHEME, despite major companies like AOL Time Warner, Berkshire Hathaway, and Citibank all utilizing network marketing, despite millionaire financial expert and author of Rich Dad, Poor Dad, Robert Kiyosaki & NOW newly elected President Donald Trump recommending the common man start a network marketing business in their book written years ago titled "Why We Want You To Be Rich", our industry is STILL mocked, criticized, and ridiculed as some sort of scam.
If you haven't been made fun of, or been told you're wasting your time or even someone in your own family having told you to quit your business and concentrate your energy on a "real" job, than consider yourself lucky.
And ...despite all that. You still signed up anyway and you still work your business.
That makes you DIFFERENT.
And that's why I feel compelled to share what I feel is on the horizon economically with you. Because you think differently and you'll read this with an open mind.
So here it goes for the last time.
You don't have to be a rocket scientist to figure out that the greatest financial crisis in history is on it's way within the next few years. We have the stock market bubble (Dows now at 20,000), the student debt bubble (average student loan debt at $30,000 per borrower), the national debt bubble ($22 Trillon and counting...http://bit.ly/2kr5bZ5)
You remember 2008-2009? The Financial Crisis? Lehman Brothers going bankrupt? American International Group (AIG) losing $99 BILLION? GM & CHRYSLER going bankrupt and the auto industry being bailed out with $85 BILLION? Foreclosures galore? People walking away from their homes because they couldn't make the mortgage payments anymore? Remember that?
Well all of those too-big-to fail banks that caused the 2008 Financial Crisis in the first place are 38% bigger today. And no one was indicted or went to jail for nearly wrecking our economy. However there's one big difference between the crisis ahead and 2008-2009.
What will the government do the next time the system is in danger of collapsing? Spend another $10 or $20 trillion to save the system again?
Nope! It can't. The U.S. Treasury and the Federal Reserve are tapped out and have used all of their options.
The government may not have the money it'll need to bail-out the financial system again, but YOU, I and 300 million Americans DO have the money...collectively.
And I'll leave it there for you to figure out the rest.
Build your network marketing businesses my fellow networkers, do it now. Because next time, there will be no bail out.
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