You’ve seen all the media predictions that the United States economy is about to come to a crashing end. If you hold stocks in U.S. companies, or thinking of buying them, you’d probably start to reconsider.
But can you trust these predictions, or do they come with an agenda?
In this video, filmed at a Platinum Mastermind in Costa Rica, Charles Mizrahi gives his thoughts about the future of the U.S. economy.
GLOOM AND DOOM
You’ve got to understand that the financial industry thrives on gloom and doom.
It’s natural for us to gravitate to articles that predict disaster, because we want to make sure we’re protected and prepared if such a disaster were to happen.
On the other hand, an article that predicts a rosy future is not quite as grabbing. Those articles are definitely out there, but they don’t get the same attention.
The simple fact is that there’s more money selling gloom and doom than in selling optimism.
Now that you know the agenda behind most of the financial industry, what are the facts about the United States and its economy?
The United States still has the largest GDP in the world, exceeding that of China and even the whole EU. For every dollar of that production, the United States government extracts a share in taxation, ensuring that it has the resources to handle any crises that do happen.
As long as the United States is entrepreneurial, provides a good environment for business, has good law and political stability, its economy and its companies will continue to function.
Charles Mizrahi remarks that no one has ever gotten rich shorting the United States and betting on its downfall. Although he concedes that the United States will have its fair share of financial problems in the future, he believes it will also have the resources to get out of them.
Next time anyone tells you that investing in the United States is risky, check whether they have an agenda. It’s likely they are making money off of people’s fear.
The MOBE Platinum Mastermind is where the most experienced mentors in investing and asset protection share their investment methods with fellow members. To learn more about the Platinum Mastermind, click HERE.