Securing your financial future – 2016 predictions and beyond

I’m going to give you a brief economics lesson because we are holistic teachers. So if you find that boring or offensive, you can shut down, close the email and go back to whatever you are going. After all I know there are many who, for whatever reason, have interest only for the narrow focus of their tomorrow. No future focus.

On the flip, if you have any inkling that the future economy could have a massive impact on your personal financial security, your ability to put food on the table and the ability for you to cloth your children, you might choose to read on.

I have been holding back on this message to you for nearly 15 years, waiting to see if the signs support the predictions I have been collating from those whose insights into future economy I trust. And as the time is getting closer, if I don’t tell you know, I will suffer regret for my silence.

So on one side I have the risk of the small percent who will opt out in disgust at our audacity to talk about something outside of sets and reps, body fat and how to get bigger and stronger. I do that, and have been prolific contributor in professional development for many decades. What I also do it teach holistically. You can tell me you are only interested in sets and reps and bodyfat and strength all you want, but know that some point in your future your ability to do those things will be impacted directly or indirectly by your ability to create the legal tender to survive.

So if your head isn’t in the sand by now, I want to share with you the consensus of opinion from my teachers about the impending economic challenges we may face in the next few years.

I was raised in a Great Depression household, where my father watched his father struggle during the Great Depression of the 1930s and the flat 1940s. It left a strong imprint on that generation. However as the western economies boomed through the 1970s and beyond, the next generation became complacent. After witnessing the 2001 9/11 impact on the US economy I wanted to learn the signs and triggers of any potential future depression, so I could be forewarned and share this with others.

Those in my inner coaching circle who were with me in the early 2000s will vividly recall me talking about the prediction that the world economy would suffer a significant downturn in the 2007-2008 period.

This prediction was spot on – the US suffered what become known as the ‘Sub-Prime’ loans crisis, where the collapse of a large number of housing loans brought the US economy to it’s knees. Australia called it’s economic challenges the ‘Global Financial Crisis’ (GFC).

Now as a person who earns their money training people, you may ask what does this have to do with me. I not interested in economics or future predictions! I understand this, but what I want to share it this – when the economy turns down significantly you are/will be affected.

Why do I say this? I watched the impact of the 2007-2009 economic downturn in various countries.

As a student of futurism and holism, the study of future economic changes of significance has been. Sport sponsorship reduced sharply and wages and number of positions in sport contracted. Everyone in the general population was affected financially, and the spending on non-essential services such as gym membership and personal training declined.

I have many wealthy friends and after watching the impact on them during the 2007-2009 period, I learnt that no-one is immune.

So you can stick your head in the sand and say ‘If its not about sets and reps, I couldn’t give a flying f—!’. And I look forward studying the outcome of this group, as well as the group who take my future economy concerns more seriously.

One of the strongest themes I have seen about the economy in the immediate future is reference to 2016. Which is why now, in 2015, there has never been a better or more important time to learn new skills such as those taught through the KSI Leveraged Income Challenge. Click here to learn more:
http://bit.ly/LeverageIncomeChallengeInterest

Robert Kiyosaki, US financial educator, has been calling this period for some time, writing about this in his book “Rich Dad’s Prophecy: Why the Biggest Stock Market Crash in History Is Still Coming… And How You Can Prepare Yourself.” http://www.smh.com.au/business/robert-kiyosaki-says-to-prepare-for-the-worst-20141114-11jyhr.html
http://www.news.com.au/finance/money/is-the-us-at-risk-of-a-hyperinflation-collapse/story-e6frfmci-1227144167041

US futurist Harry Dent is also very concerned about this period, writing about it in his recent book “The Demographic Cliff: How to Survive and Prosper During the Great Deflation of 2014–2019.”
http://www.theaureport.com/pub/na/harry-dent-how-to-prosper-in-the-coming-downturn

Thom Hartmann promotes his new book ‘The Crash of 2016’ with the suggestion that another great depression looms over the United States in 2016, because of all the economic fraud and corruption by the 1%, the mega corporation, and politicians all buying laws to enrich themselves, and bankrupting the rest of the economy. (sounds like what I see in the fitness industry – self enrichment at the cost of the masses…)
tube.com/watch?v=2FyK8xqfRhc

We’ve been saying for years that we believe the period of 2016-2018 is the start of an overwhelming financial crisis, possibly much worse than the 2000/2001 stock market collapse, and the 2008/2009 credit crisis. 2016 appears to be the peak of the financial markets and economic escalation, with the giant reverse beginning as early as 2016 and as late as 2018, but more likely as late as 2017.

This is just a sample of those who express concern for the economy during this period. And of course there are as many who say don’t worry, there will be no crash.

Now let’s say the doom predictions are all wrong. That nothing happens. Or better still the economy booms in that time. I am very happy. I don’t need to be right. I don’t expect my teachers to be right. I just want to act and see them act in the best interests of those we seek to serve, to be honest, and to help others be prepared for the possibilities.

However there is one thing I feel very confident of guaranteeing you – the rich will get richer and the poor will get poorer. Your income’s buying power will shrink. The cost of living will rise faster than your wage rises. In summary if you don’t start doing things differently, you will slide down the standard of living scales. So you can tell me now that all you want to do is think, learn and talk about sets and reps and bodyfat and getting stronger – and I will ask you how you are going in 10, 20, 30, 40 years etc from now what you are doing, what you are interested in, and how life is going for you. I am confident those who take action will respond positively, and those who shut down and put their heads in the sand will have a ‘different’ outlook than the one than have now, one where regret will most likely figure prominently….

As individuals and as a company we do three things – we train athletes, we teach coaches, and we change lives holistically.

We currently giving you a phenomenal opportunity to change and create a stronger position from which to deal with any possible future economic downturns, as well as change your life now matter what happens. Through the KSI Leveraged Income Challenge. Click here to learn more:
http://bit.ly/LeverageIncomeChallengeInterest

There are ways to take control of your financial destiny, and they are exciting opportunities. Darren Hardy, Founder of Success Magazine and student of success, is passionate that now is the time to begin your entrepreneurial journey. http://bit.ly/TheresNeverBeenABettterTime

If the government gives financial recommendations – do the opposite!

With the Australian central ‘bank’, the Reserve ‘Bank’ of Australia, cutting interest rates to an all-time low, many industry commentators came out and put their spin on the decision.

Amongst them was the incumbent governments Treasurer, who suggested:

“Now is the time to borrow and invest, whether you be a household or small business – now is the time to have a go,” Mr Hockey said after the decision.

The way I read that is simple – if that is what the government is recommending – and many people will be influenced by this – then there will be blood on the streets (figuratively speaking)for those who do just that. Those who expand their debt on the recommendation of the government will most likely be amongst the victims of an economic contraction placing them in jeopardy, during the next 1-2 years.

It reminded me of the time in about 2007 when the Australian government changed the super-annuation rules allowing a larged one off deposit into personal retirement plans and encouraged people to do so.

Many sold their real estate and invested the cash from the sale into predominantly stock market based retirement schemes. Within about 18 months the stock market had crashed, with most losing about 50% of their stock value, and real estate held firm for the most part.

So if the government is recommending you get into further debt – consider the opposite direction!