The Survival Loop
Survivors ((((((((((((((((((((((((((((((((((( "Help" (((((((((((((((((((((((((((((((((((( Providers
Survivors )))))))))))))))))))))))))))))) Wealth Transfer ))))))))))))))))))))))))))))) Providers
We see here what goes on at the national level. "Help" flows from Provider to Survivor. Wealth flows over the years and decades from Survivor to Provider. Millions of Survivors have not realized that they could become their own insurance company for the lower end of their loss. They could take actual coverage for the higher end of their loss, but cover the lower end themselves and save the difference. The "loop" above is a survival loop for the Survivor, but is a wealth induction loop for the Provider. As it loops over the years and over the decades, wealth is transferred from the Survivor to the Provider. The loop induces wealth for the Provider. The Providers are insurance companies, finance companies, credit card banks, and all the other wonderful institutions and individuals who "help" the Survivor "survive" on his trip to nowhere.
And to think, we have not yet even looked at the impact of credit cards and other debt loads. If paying $34 a month for a lower deductible on car insurance causes a loss of over $1,250,000 over a lifetime, then paying $100 a month on credit card payments produces a loss of over $3,750,000 over a lifetime! Remember, to the one with the eagle perspective, the cost is not just $100 a month, but what that $100 a month would grow to if invested for 45 years from age 25 to age 70 in an aggressive manner.
If you do not believe the impact of the survival crutches is really this great, I invite you to simply drive near or through any major downtown area in North America and turn your head to look at the buildings. Most of the tallest, newest, and most impressive buildings you see are owned by the very "providers" who supply the survival crutches which you "rent." They do not call you during your supper to offer you a credit card or another of these survival crutches because they like you. They do it, as Machiavellian as this may sound, to transfer your wealth, whether bit by bit or boatload by boatload, from you to them.
If you are a typical American or a typical citizen of an industrialized nation with a vigorous western-style economy, your life right now is already a wealth induction loop. You either induce wealth for the "providers" or you induce wealth for you and your family. If you are just gliding along and running your life as a "survival loop", you are operating a wealth induction loop for the benefit of the "providers" to whom you are enslaved.
I estimate that the wealth transferred from a working class family is from $10 million to $20 million over a lifetime.
For a middle class family, I believe it is from $20 million to $30 million over a lifetime.
For an upper middle class family, I estimate that it ranges from $30 million to $40 million in a lifetime.
"Survivors" live their whole lives as unrealized millionaires because they do not realize that their wealth is hidden in the fragments of their lives.
http://www.WithDebt.com Destroy your debt with the money you already make. Read "Your Wealth is Hidden in the Fragments of your Life" and "The Debt Destruction Engine".
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