I was captivated by a recent Wall Street Journal article, “Jamaican Entrepreneur Built Chain of Caribbean Resorts” (1) that tells how Butch Stewart, took Club Med as a business model and added luxury.
One simple thought reminded me that every cloud does have a silver lining and I want to share that thought with you.
The article tells how Butch Stewart transformed the Bay Roc Hotel in Montego Bay, Jamaica.
At the time of his purchase in 1981, the waterfront hotel was dilapidated and stood near the end of an airport runway. The roar of jet engines frequently interrupted the guests’ tropical idylls.
Mr. Stewart said: “If I had known anything about the hotel business, I might never have bought the Bay Roc Hotel.
Mr. Stewart renovated the building, invested in king-size beds and introduced a couples-only policy with room, food and tips included in a single price. His aim was to create a more luxurious version of Club Med.
Here is the super lemonade! Airport noise became part of the package: Every time a jet took off, the guests were encouraged to wave their arms and kiss their partners.
After 18 months of losses, the hotel began to thrive.
Every cloud has a silver lining!
I want to especially pass this message about silver linings onto Boomers.
We are at the end of an upward socio-economic cycle. Most of these cycles last about 70 years and are pretty much ruled by the same socio-economic forces.
Smooth upward trajectories are followed by turbulent periods of busts, wealth redistributions, revolutions, and wars. Excessive borrowing builds up in good times and leads to credit and money collapses, big wealth gaps, and fighting over wealth and power. Nature can also accelerate the process with disasters like droughts, floods, or epidemics.
Credit collapse begins when there was too much debt so the central government has to spend a lot of money it doen’t have to make it easier for debtors to pay their debt. To do this, central banks have to print money and liberally provide credit.
This credit collapse is happening right now. Despite the generous terms, eventually borrowers will fail to repay and credit will collapse. Then spending will collapse and the last resort of the government will be to simply print money.
Take the the 1929-32 depression that came after the Roaring ‘20s. The Roaring 20s created debt-financed bubbles that led to economic and market declines that were intensified by a serious drought (dust bowl).
The turbulent periods also happened when there were large wealth gaps that lead to big wealth redistributions. The wealth redistributions, like those in the 1930-45 period, can come through large increases in taxes, excessive government spending, big deficits, and big changes in monetary policies that monetized the deficits and lead to inflation which is the ultimate form of wealth redistribution.
Boomers will be a major target in the current wealth redistribution.
The Newsweek report “Millennials Control Just 4.2 Percent of US Wealth, 4 Times Poorer Than Baby Boomers Were At Age 34” (2) helps us understand why Boomers are vulnerable.
The article says: The millennial generation, people born between 1981 and 1996, make up the largest share of the U.S. workforce, but control just 4.6 percent of the country’s total wealth.
Baby Boomers, people born between 1946 and 1964, currently control ten times more wealth than millennials, whose 72 million workers make them the most represented group in the workforce.
Boomers control the majority of U.S. wealth, $59.6 trillion, which is twice the $28.5 trillion held by Generation X and more than 10 times the $5.2 trillion held by millennials.
Boomers remain far more affluent then their cohorts, but are no longer the largest generational group. The Millennial generation has shot past Boomers and grows larger as young immigrants expand its ranks. Boomers are aging and their numbers shrinking in size as the number of Boomer deaths rise and exceeds the number of older immigrants arriving in the country.
The Pew Research article “Millennials overtake Baby Boomers as America’s largest generation” (3) provides some specifics.
Millennials have surpassed Baby Boomers as the nation’s largest living adult generation, according to population estimates from the U.S. Census Bureau. As of July 1, 2019 (the latest date for which population estimates are available), Millennials, whom we define as ages 23 to 38 in 2019, numbered 72.1 million, and Boomers (ages 55 to 73) numbered 71.6 million. Generation X (ages 39 to 54) numbered 65.2 million and is projected to pass the Boomers in population by 2028.
As the numbers of Boomers on Social Security rises, this problem of wealth distribution becomes more critical because Millennials will be expected to shoulder the largest portion of the Social Security burden.
The many millennials who remain living at home are already one form of wealth redistribution, but this hits GenXr’s more than Boomers.
Rising minimum wages will result in higher costs and shift income and wealth from Boomers to Millennials.
Inflation is the most likely way that the largest redistribution will take place. As prices rise those on fixed income (pensions and Social Security) will see the greatest loss of purchasing power.
Encore careers are considered one solution for those who retire. I disagree. Our activity beyond 65 should be the main act! They should be pinnacle careers!
First of all, why should we need to retire? If we are not tired in the first place, why re-tire?
The more important question is – “Why are we so tired that we would want to retire”?”
Generally we are tired because we are working too much… at something that does not sufficiently fulfill. We should be having fun, doing what we love… AND earning in the process. This site focuses on ways to create micro businesses that earn but more importantly are gratifying, fun and serve a mission you feel needs to be filled.
There are numerous economic scenarios that could ruin retirement for many. Inflation, a falling greenback, another market crash or recession, a continuation of the COVID-19 pandemic. Any of these could doom traditional retirement plans. The timing of these events are beyond our control.
That’s okay because diversification into a business that fulfills and serves can be better than stocks and bonds, cash and gold… all put together.
Right now… cash pays nothing. Bonds are quite sure to lose purchasing power. Gold could rise or fall. Shares have increasing risk.
Improve retirement economics through writing.
The careers we create in our 50s, 60s, 70s and even 80s benefits from our greatest experience and the growth of wisdom. These can be our pinnacle careers… the best ones that earn more… are truly fulfilling and provide a greater service to mankind.
I prefer to think of careers for those aged 50 and beyond as pinnacle careers. These careers are what we are here for. I call call them our destiny careers.
Consider writing as one part of your pinnacle career.
Writing unlocks the dreams of destiny held in your heart. Writing to sell can improve your lifestyle in unbounded, exciting ways… and writing can open your heart so it leads to your destiny… and it also satisfies the financial necessities we all require.
You unlock amazing benefits: joy, service and money available when you write to sell. You gain these benefits because writing unlocks creativity.
Writing Enhances Creativity
Writing can bring your new life into existence when you’re feeling stuck, blocked, or just tired of your existing lifestyle.
We all go through lulls in our lives. The problem is that many people come out of childhood and get stuck in natural and minor dips of adult responsibility. The pressures of daily life can suck the light out of our dreams, creativity and lifestyle.
A major reason for getting stuck is the fear of change. Rather than relying on creativity and looking forward we cling to the past. Against a backdrop of uncertainty, economic turmoil and unprecedented change a new picture is emerging of the skills and traits for success (and perhaps even simply survival) in the modern era. At the heart of this essential skillset for the future lies… creativity.
Writing unlocks your creativity. Your creativity creates TRUST and FAITH in yourself and your destiny.
Merri and I urge you to unlock your creativity so that it can lead you towards your destiny that is fulfilled in your pinnacle career.
CHAOS CREATES MANY OPPORTUNITIES FOR YOUCash in on the new normal.
If the pandemic taught us anything it’s that the so called “experts” really don’t have a clue how to solve this problem. We cannot rely on their information. Instead, we need to plan for and prepare for our own “new normal” if we want to survive.
The pandemic has not been the real problem.
The global response to this viral outbreak is just a symptom of a world that’s sliding into a devastation and disorder. The worst turmoil is still to come because of economic, social and demographic tensions that have been building for 70 years.
With mounting government debt, globally, the current economic system that has run the global economy for decades, is in decline and disorder.
The current social economic archetype has already killed millions and destroyed the finances and lives of far more. Worldwide, unemployment is at an all-time high. Many businesses have been destroyed.
Governments are trying to solve the problem by throwing money on the fire and are they are being crushed in debt in the process.
Yet, the problem is just a beginning, because al that holding the system together is low interest rates and a lack of belief in inflation.
Yet inflation is here and with it will come higher interest rates that can crush stock markets and ruin the ability of governments everywhere to pay their debts.
To survive the coming economic downturns, you’ll need to learn the importance of adjusting how you live, work, invest and take care of yourself for the next ten to fifteen years!
You can’t rely on governments to bail you out.
That’s exactly what Merri and I have been doing for the last 50 years.
We have learned the power of being able to adapt to constantly changing markets all over the world and created a not-so small fortune while doing so. That’s why we’re uniquely qualified to teach you how to not just survive but to PROSPER during the challenging times ahead. Chaos always creates many opportunities for those who know how to spot them and take advantage of them. A good example has been the mass exodus from urban areas to more rural areas.
Since many are working from home, they can live anywhere. There is a shortage of good housing in rural areas now. Merri and I are buying then rehabbing houses to full the gap. We saw this opportunity coming and jumped in early.
We let readers know of the risks of a pandemic, back in 2016.
Many are already enjoying a safer more secure and financially stable lifestyle already despite the lockdowns and crumbling economy.
Instead of waiting for things to get better, start preparing for things to get worse, much worse.
You also need to learn how to spot opportunities which are all around you. As the economy changes, the opportunities will change too.
That’s why Merri and I keep a constant pulse on opportunities worldwide and report our findings to a special club of unique individuals that we started over 30 years ago. For decades, this club has been called the International Club, but this year we renamed it the Pruppie Club.
What is a Pruppie?
Pruppieism, the new economic and social realism. Pruppies, like Yuppies, expect everything to expand. They take advantage of every new benefit and technology they can. Pruppies enjoy using the fruits of our ancestor’s deliberations and labors to earn in this advanced technological world.
Pruppies, also, like Preppers, engage in activity that they love that will sustain them when society and the incredibly intricate weave of our global economy and society let us down.
We need to be both, Yuppies and Preppers, Pruppies!
Take profit from the incredible new technology that gives us super powers to earn and grow wealth. Be safe and secure, when social economic tidal waves like plagues, stagflation fascism and communism overwhelm the world.
Pruppies are prepared in case everything, everywhere, or at least everything relating to their income and savings fails and the fabric that surrounds their lives disintegrates into an unknown veil.
Yet a Pruppie’s preparation is not a sacrifice, but a joy as you will see.
Learn how you can become a Pruppie.
I’m no farmer but grow citrus so I’ll always have food to swap. Let me show you how to lock in your food supply.
EARLY ACCESS! We are changing more than the club’s name and you can be in the unique position as one of a select few who are charter members of our new Pruppie Club.
You’ll be the first to know about opportunities and trends all over the world in our bi-monthly report and monthly conference calls which are exclusively for members.
You’ll learn how to:
- Create a sustainable income without a job or a pension – just in case you lose your job or there is a disruption in pension payments.
- Learn how to make money working from home – wherever home might be. A location independent business gives you the flexibility to move to a safer or more affordable location if necessary.
- Turn your passion in to a profit.
- How to create quick cash and lasting wealth when you don’t have any money to get started. This strategy can help you build a nest egg fast.
- Learn easy ways to grow food, including beekeeping, hydroponic and greenhouses (if necessary, food can be used to trade for other services or to sell)
- Natural healing and lifestyle changes to make now to avoid expensive medications later.
- Alternative water sources including rainwater collection – just in case the municipal supply is not available for extended periods of time.
- Alternative Heating and Power. Solar, wood, wind, and hydropower.
- Where the opportunities are now and the best way to profit from them.
- Communication beyond internet – how to stay in touch if the internet or power goes down. Protect against government and businesses from snooping around what you wrote and say.
- Learn about safe social media sites.
- Precious Metals, Crypto Currencies, and stock investing diversification strategies.
- International living to reduce costs and gain more freedoms
All this and much more will be EXCLUSIVELY available to you as one of the select charter members of our Pruppie Club.
The regular prices for the International Club was $497 per year, but during this time of crisis we are dropping member ship to $249 .
I invite you to join those few who will become healthier, wealthier and more fulfilled in the decade ahead. Become a Pruppie, one of the core persons who will glide through the destruction and be able to help the world restore order.
I’m no builder nor carpenter, but was partly responsible for creating these condos on Ecuador’s coast (above) and in Ecuador’s Andes (below), a decade before this expat community boomed. Find out the trick for spotting trends like this early.
As an Elite Pruppie Member, you’ll get INSTANT ACCESS To:
Live Anywhere, Earn Everywhere (a $39.99 value). This 250 page report published in 2016 reveals ways to gain fulfillment doing what you love but how to also include something that will be useful if society and the incredibly intricate weave of the global economy and society fail.
This report has already helped many readers prepare for the pandemic in advance, but it’s not too late. the incredible special opportunities for future profit still exist.
Natural Healing the Shamanic Way (a $59.97 value). Learn about #1: Nutrition, #2: Purification, #3: Exercise These three reports show how to gain better natural health. The foundation of all fulfillment, contentment, happiness and success is good health. Yet when it comes to health care, we may well be on our own. The way to escape the dangers of the high cost, deteriorating health care system, is to not need it. Declare health independence… and create natural good health. There are dozens of simple, really low costs steps that can improve health… eating, purification, exercise, even the way we think and don’t think when we sleep.
Super Spanish (a $79 Value). One alternative to infrastructure deterioration and skyrocketing costs is to move abroad. The top choices include Panama, Ecuador and several other Spanish speaking countries. Super Spanish provides a way to almost instantly be able to communicate in Spanish. Thousands who have taken this course were creating Spanish sentences in just four hours.
The course uses special music to unlock your brain’s super powers and provides 17 easy lessons that give you a vocabulary of 4055 words you don’t have to memorize and will never forget. Within three days you have a base language that works and lets you become a fluent speaker of Spanish.
Purposeful Investing Course: ( a $99 Value). A Good Value Stock Market Strategy. The analysis is rational, mathematical and does not worry about short term ups and downs. This strategy is easy for anyone to follow and use. Pi analysis every share in 46 stock markets around the world and reveals the best value markets and provides contacts to managers and analysts and Country Index ETFs so almost anyone can create and follow their own strategy.
Because all shares in the Pi portfolio were in non USA stock markets, the return seemed to under perform due to a strong US dollar. Yet the return was still over 10% per annum. Now conditions are set for overperformance in the upcoming years.
Super Thinking Workshop (a $49 Value). Increase your mental agility with baroque music. Be smarter… more energetic…. healthier… more relaxed in 17 minutes a day.
Self Fulfilled: How to Have a Pinnacle Career with an at home self-publishing business (a $79 Value). In this era, our experience is worth more than the cost of getting it. We are not worn out at 50 or 55 or 65 or more. These can be our best years. Make the rest of your life the best time of your life. Turn your passion into profit with a mission.
I have no hatchery but learned how to raise trout like this, for fun, profit and a guaranteed protein supply. Learn how to turn passions into protein.
BI-MONTHLY REPORTS. Exclusively for Pruppie Club members. Best practices to prosper, unique opportunities, and better ways to survive the economic collapse. The report will feature what other subscribers are doing too. We can all learn from each other.
MONTHLY CONFERENCE CALLS! I will talk about the latest news and trends to help you jump on opportunities. This will not be about the doom and gloom that surrounds you. These one-hour calls are your chance to ask questions and share ideas too. ONLY Pruppie members will have access to the replay of all conference calls.
TWO BONUS REPORTS: Five Ways to Make Money With Real Estate Even You Don’t Have Any Cash or Credit eBook. The techniques in this ebook could help you make $3,000 to $5000 per month without a job.
This bonus is Jackie Lange’s ebook on how to generate cash without a big investment.
Jackie’s book is a step-by-step guide for making money with real estate with less than $10 invested, not buying the house, and no repairs….yet still making at least $5000.
She made $30,000 in three days on her last flip deal.
Even if people don’t want to make a business out of this, it is a fast, low-risk way to generate cash
Fund Your Freedom Overseas eBook – Learn how to make money working from your home anywhere in the world. These are all location independent business ideas.
Enormous, economic, social, political and productivity change was already in the process. The pandemic however has accelerated and accentuated the process. You still have time to join the few who are left standing from the 2020 disaster.
You still have time to become one who will prosper during the 2020 decade. You can be one of a small elite group who will be able to help restore a healthy world order. The world will be very different from what we have known for the past seventy years, but when looked at in a framework of longer history… it’s the same old tale.
The last couple of millennia are filled with stories of empires rising and falling. There are basic conditions in each of these tales.
- First the idea of debt loses its real meaning and rising to levels that are unsustainable.
- Interest rates charged for debt fall to extremely low levels so the idea of investing for a known amount stops making sense.
- Central monetary authorities replace innovation and increased productivity as activators of the economy.
- Disparity of wealth widens dramatically and the spread increases.
- There is so much divisiveness in politics within countries that social and political conflicts spiral.
We’re seeing these changes rapidly happening now!
I learned how to turn land into income producing property cheap and cashed in on the glamping craze a decade before the word was invented. I want to share this trick with you.
Social and economic deterioration restricts safety, lifestyle, well-being and peace of mind. Social and economic shifts of this nature reduce the purchasing power of income.
Inflation, for example puts pensions and savings at risk. Growing deception allows manipulation of medical care, finances, the value of homes, how cars are bought, the price of gas, the education and raising of children, the food we buy and eat, the shows watched and the ways we work and play.
A very large and growing part of the public throughout the Western world no longer believes in the integrity of local or national government, law enforcement, health care, banking, pensions, legal systems, educational processes, media or church, just to name a few.
However, mistrust of anything authorities say has become so deeply rooted that even health assurances as serious as the pandemic have not been believed.
I invite you to join Merri and me in expecting the world to get better… to live and earn based on that expectation but… to also prepare for bad times as well as good. Just in case… the world goes sideways… we will still survive and prosper.
We do not give up anything much. We can enjoy the good parts of the new economy, as we protect ourselves from what can be bad.
Let me be clear. I expect that the world will get better, at least for the few who adapt and avoid the dangers that the changes from the COVID pandemic will bring.
The wealth of the world, albeit with inequality, will continue to grow. This collapse of the global economy will bring an incredible new opportunity for those who know what to do. These profit making avenues offer enormous income potential and even work well in disaster scenarios. Join the Pruppie Club so you can wake up every day knowing that you are prepared and in charge of your destiny.
I’m no doctor but have learned how to avoid and survive the excessively expensive western health system and its hidden agendas. See a simple $19.95 trick used when the COVID-`19 symptoms appeared.