Dollar

The 5 Regrets of the Dying: Part 2

Last week we started taking a look at the 5 regrets of the dying.

We started with the most common: Living based on someone else’s expectations instead of being true to yourself.

If you missed part 1, you can find it here.

The second regret is, “I wish I hadn’t worked so hard.”

People spend the best hours of their life exchanging time for dollars.  All the while rationalizing that it’s temporary.  We tell ourselves, “soon it will be different.”

We’ll get that promotion.

We’ll get that raise.

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Thinking Globally

In the past, men could design a multi-generational plan with certain safe assumptions: the dollar would be a stable currency, the US Economy would always be among the top industrialized economies in the world, easy access to goods and services would be a constant.

Not to sound apocalyptic, but those assumptions are no longer reliable.

As this recent Wall Street Journal article points out, the reign of the Dollar is near an end.  I am not going to delve into this now, but the only thing that has kept the US Economy afloat has been the fact that the Dollar is the official global reserve currency.  When that goes away, things get very bleak very quickly.

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