Every generation has its own unique set of global economic challenges and opportunities. After World War II the global finance communities established the Bretton Woods Agreement which defined international currency exchanges. Then in the 1970s, there was the relaxation of the gold standard, so currencies around the globe were no longer affixed to a specific amount of gold. Fast forward to today as we see the rise of cryptocurrencies shifting the entire concept of what a fiat currency could be, making headlines and turning teenagers into overnight millionaires.
While it is interesting to read in the news, for most people that is all this is, a news headline. Most people have a household budget and look for sensible ways to avoid the impact of a looming recession or worse, a “silent recession.” A silent recession is when wages shrink as the price of goods rises. During a silent recession, the stock market often remains stable and unemployment appears low, but people still have trouble making ends meet or are living paycheck to paycheck. Mix in the international unrest and rapid technology advancements, and you would think this is a recipe for fear. But I see things differently; I see this as laying the groundwork for a future in which entrepreneurs can achieve their financial and lifestyle goals.
READ THE FULL ARTICLE ON FORBES
About Your Career Revolution
Our mission is to help individuals explore self-sufficiency as an alternative career.
We help them define their Income, Lifestyle, Wealth, and Equity goals and provide education on the best ways to achieve them. We don’t sell franchises – we help people achieve their dreams of self-sufficiency through business ownership. The approach is different, the experience is different. And it works.
Order on AMAZON
Learn More About Career Coaching
If you are considering a career change, invest in yourself to discover your options, possibilities, and dreams. Chat with one of our coaches to begin your career revolution. To learn more about career coaching, visit www.entrepreneursource.com or check out our guidebook, “Your Career Revolution: Reimagine and Reclaim the Life of Your Dreams.”
Watch Episodes on YouTube or Listen as a Podcast and more!
The post The ‘Silent Recession’ Generation first appeared on The Entrepreneur’s Source.
https://entrepreneurssource.com/blog/e-source-says/the-silent-recession-generation/
#financialfreedomllc #businesstips #business #entrepreneur #businessowner #entrepreneurship #marketing #smallbusiness #businesscoach #digitalmarketing #success #entrepreneurlife #motivation #businessideas #businessgrowth #businesswoman #businessman #businessquotes #businessowners #businessstrategy #startup #businesslife #businessmindset #businessminded #entrepreneurs #businessadvice #entrepreneurmindset #marketingtips #onlinebusiness #branding