Rags to Riches To Rags - Money Tips 365 Day 39

There’s an old saying that family to go from rags to riches to rags in three generations.

 

First generation work super hard.

 

Second generation continues but not so hard.

 

Third generation spends it!

 

Countries go through the same process which generally leads to decline.

 

100 years ago, Great Britain was the most powerful and richest nation on Earth, but just over 50 years later had to be bailed out by the IMF because it was bankrupt.

 

America looks to be heading the same way, While the Sun is rising in Asia, in particular, China and India.

 

If you observe the people of Asia, they are extremely hard-working, better educated, and more ambitious than the average young Westerner.

 

You can feel the energy in most Southeast Asia countries.

 

I have observed firsthand the rise of Asia, and the unfortunate slow decline of the West.

 

Ever wonder why you never seem to have enough money?

We are living in challenging economic times.

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