Here are another 10 Economic Tips that everyone in the world can benefit from.
U.S. government and corporate leaders desperately need a course in Economics 101. Why? Because when you put unqualified, irresponsible, immoral, unethical, excessively greedy, hidden agenda, self-interest and special-interest people in the economic lab, then don’t be surprised when they blow it up. Which is exactly what they have done and continue to do.
Record levels of corruption, founded on self-interest, special-interest, and hidden agendas in politics and corporations are destroying the U.S. economy for most Americans.
Graduated payment loans in all consumer debt categories can create a short term economic boom for a nation but they can also lead to a long-term economic bust as well. Why? Because they can lead to record-breaking levels of payment delinquencies which can then start a massive, negative, domino ripple effect sequence of events that can bring a nation’s economy to its knees both financially and psychologically. Exactly what has happened to America since the year 2005.
U.S. economy is built on “6 pillars” and they are capable of supporting the economy or causing it to crumble. You need to know what these 6 pillars, which I also refer to as the 6 fundamentals of the U.S. economy, are. Exactly why you need to read my Economic Tips For July 2014 article that appears in both the blog section of PhilMitschForAmerica.com and the National Examiner.
The worse corruption, self interest and special interest get in governments and corporations, the worse a nation’s economy will get.
If all U.S. home sellers 1) priced realistically, 2) offered all types of financing, 3) offered seller concession assistance to buyers, and 4) ordered servicing company inspections and services prior to sale, then U.S. home sales would significantly increase. This increase would also significantly help stimulate America’s struggling economy in a positive direction.
If the government had properly mandated “lender modifications” in all consumer debt categories in 2005, believe it or not, the U.S. financial crisis could have been prevented.
If the government had properly overseen the lending, insurance, investment, healthcare and education industries between 1998 and 2004, believe it or not, the U.S. financial crisis could have been prevented.
Tragically and unfortunately, government and corporate leaders worldwide have learned the “secret formula” that can make them filthy rich by deliberately destroying their economies.
It is mathematically impossible for the U.S. economy to recover, let alone grow and prosper, if the majority of Americans continue to see their incomes decrease, expenses increase and disposable income decrease.
Remember to look for my Economic Tips For September 2014 article in about four weeks.
Agents’ Note: Phil Mitsch is the world's #1 economic recovery, real estate, financial and motivation trainer. He is also the real estate industry’s all time, top producing residential resale Realtor, who did not use personal assistants. His 1) biography, 2) testimonials, 3) seminar topics, 4) books, 5) videos, 6) audios, 7) economic recovery tips, 8) real estate tips, 9) financial tips and 10) motivation tips can be found at www.PhilMitschForAmerica.com. His tips can also be found online at www.examiner.com/real-estate-in-national/phil-mitsch and @PhilMitsch on Twitter. For further information, contact Phil Mitsch Enterprises in Cherry Hill, New Jersey at 856-665-6569 or by email to email@example.com.