If you track currency exchange rates at all you know that the dollar is taking a beating worldwide. The housing crash and worried consumers are having a huge impact on the economy. There really seems to be no end in sight for these two negative trends. I would look at 2008 as another year where housing markets continue their downward trend and consumers really start feeling the pinch of their credit card debt.
All-in-all, 2008 could be a bad year for the United States' economy, but there are a few areas that may prove to be lucrative investments. One such area is investing in US based companies providing goods or services to international markets, especially in India or China. More....
The 4-Hour Workweek: "Testing The Theory of Outsourcing "
I put the outsourcing theory to the test.
by Geno A Bulzomi
Timothy Ferriss’ book “The 4-Hour Workweek” is a great read. It is entertaining and enlightening. I am always the skeptic, so when I started reading the book I could not believe some of the things on this man’s resume. Kickboxing champ, tango dancing and of course outsourcing everything were just too much to believe, so I checked him out. He seems legit! He holds a few titles, makes good money and is enjoying life. That was good proof, but I had to take it one step further—I had to outsource something. More....