The economy is a tough thing to keep up with. If you don’t have irons in the fire and allow much of your investments to be handled by others, understanding the economy is just a dog. It’s hard for people to get the whole picture and that’s not getting around all the contradictory views and speculations. It helps when articles like this one come around and hit you with great facts that break down some of the issues.
Whether we are talking about GDP or the death of retail, there are some unnerving signs in this article. I recommend that people diversify their incomes. I think that the lifestyle floated by one big salary is incredibly risky in today’s world. Not only is it risky, but it’s just not necessary. After you read this article, you may find yourself thinking about this as well.
There are interesting facts from the bureau of labor statistics as well. It’s not a very pretty picture and the article is painting that picture on purpose. Also, this is not a full view of our economy. It is merely a slice of the pie. Still, it makes you wonder about the condition of the economy and the metamorphosis that is taking place in our economy as well.