There's a lot to be said for what's happened over the last two years in terms of everything going on in the market and all the rapid changes in crypto including the first ever spot bitcoin ETF with a Ethereum ETF seeming like it's not all too far behind.

We have seen inflation rates soar, the fed increasing rates and now pausing but not coming back down and inflation starting to slowly move its way up again. We have seen other countries also starting to get rocked lately.

So what might we be looking at for the rest of this year?
*This post is pure speculation and data collection of my own opinion and is not financial advice. Do your own research before investing.

Taking A Look At Retirement

One of the biggest indicators for what is going on is to look at how much people are currently saving into their retirement and also those who are retired and their cash flow.

This is a very good indication on how the economy is doing and it's actully a rather new system that's only been around for about 100 years that means a single generation maybe two are fully in this cycle now. What was once pensions turned into a new system of 401ks and has now turned into almost both disappearing from most jobs. Throw in social security ad the increasing age of the population and more and more people living off it while fewer workers pay into it (Including the upcoming AI change that's coming in the next 5-10 years) and you have yourself a pretty messy soup to deal with.

Social security currently is a 12.4% tax in which this money should or you would think goes into a pool that is paid out to others who are now of age and retired. The issue is the government continues to tap into this system as well sucking out funds for various other projects.

This is a big reason why I always say you need to keep as much money as possible because giving it to some mega corporation like the government is quickly asking to be screwed over and that's exactly what the USA government is doing and has been doing. I mean legit it's the definition of a ponzi scheme lol

The general theme here is people simply don't have enough saved up to support themselves in their later lives. Which is starting to cause major pressures on everything including the overall buying and market moves within the country.

However all of these things said above will most likely be corrected through various things such as increasing retirement age, paying more taxes and a mix of many other aspects that will kick in over the years. This has been a recurring theme for the last 30 years. So my point to say here is things will change and have changed, however that doesn't mean there are not challenges and struggles along the way and the best you can do is manage as much of your own money and be smart about it.

That all comes down to building your wealth and I'm happy to say I believe today more than ever people actully have more flexibility and options to make more money then ever before. The issue is it changes and those not willing to learn and adapt to the changes (Such as cryptocurrency) will quickly find themselves falling behind others that do adapt and adopt.

Hive is one of the best examples of this allowing you do to gaming, investments, defi, APR, social interaction all while getting paid. It's honestly mind blowing the options you now have at your fingertips compared to ever before.

Join the InLEO site today and start threading and see what you can make of it.

Posted Using InLeo Alpha