AARP Financial Crises Seen As Opportunity For New World Financial Order -
As shell-shocked central bankers and finance ministers gather in Washington to confront the world's financial meltdown this weekend, that grinding noise in the background is the sound of the global balance of power shifting. What impact will this have on the American Association for Retired People AARP
In sharp contrast to past crises — from the Latin American debt problems of the 1980s to the Asian and Russian currency collapses of the 1990s — the emerging markets of the developing world boast the strong balance sheets and deep financial pockets while the United States and Western Europe lurch from crisis to crisis.
"In a very bizarre way, roles have been reversed in the global economy," said Alex Patelis, head of international economics at Merrill Lynch. "The typical troublemakers of the global economy, the emerging markets, are actually now the world's creditors. Those members of the AARP need to take note of what is happening as it will effect your bottom line
"We do need a new world financial order, and we will probably get one as a side effect of this crisis," he said.
Treasury Secretary Henry M. Paulson Jr. gave a clear signal of the new pecking order last week on the sidelines of the annual Washington meetings of the World Bank and the International Monetary Fund (IMF).
With world financial markets reeling, Mr. Paulson said, he was following up an emergency meeting Friday of finance ministers from the traditional Group of Seven industrial powers — Britain, France, Canada, Germany, Japan, Italy and the United States — with a larger gathering Saturday of the so-called Group of 20, which includes China, India, Russia and Brazil.
The meeting was designed to "coordinate [policies] to lessen the effects of global market turmoil and the economic slowdown on all of our countries," Mr. Paulson said.
Before the meeting, President Bush issued a plea for nations to work together to address the crisis, avoiding the go-it-alone protectionist trade strategies that worsened conditions during the Great Depression.
"In an interconnected world, no nation will gain by driving down the fortunes of another. We are in this together. We will come through it together," Mr. Bush said during an appearance in the Rose Garden after a private White House meeting with ministers and officials from nearly a dozen nations and international organizations.
"There have been moments of crisis in the past when powerful nations turned their energies against each other or sought to wall themselves off from the world. This time is different," he said.
My advise to anyone over 50 and everyone who is a member of the AARP take a good look at what we as a team of like minded professionals are doing to establish our retirement years without Government interference. Not only over 50s but for young men and woman just starting out in life to do the same.
As the world is now a Global village, the work from home business model has come into its own and leading the field is Trivita. As most AARP members are part of the baby boomers and are looking a ways to keep themselves healthier and live longer. We are in involved in the wellness industry and blessed to be part of a dynamic team building a solid financial future working together as a team.
Our team leaders are all Baby Boomers themselves and the best in the field of Internet Home Based Businesses. WE specifically chose Trivita because it is a 10 year old debt free company that DOES NOT have to rely on Government sponsored Banks to bank roll its operating costs.
Estimates say 33% of Baby Boomers own their own homes outright which means of the AARP members some 67% will still have mortgages and these people are the hardest hit during any recession and in fact it is loans in general and the miss-management of dept in general by bank and finance companies that has started the roller coaster ride towards recession.
Although I own my own home outright, my retirement annuities from the financial sector is not enough to support my lifestyle. That is why I have started a new ten year plan to build another income stream with Tomorrows Home Business in order to create another income stream to protect my own Lifestyle as relying on Government handouts is not an option.
To find out how you can get a piece of this lucrative pie I invite you to our live online meeting on Thursdays nights 6PM EST
Shaun McClelland – Internet Marketing Facilitator
TOMORROW'S HOME BUSINESS
MARKETING TOOLS
Skype ID cashking777
(214) 717-4849 United States
0131 208 2302 United Kingdom
(07) 5641 0472 Australia
No comments:
Post a Comment