By
Gary Scott
International
investments will be affected by three horrifying
economic facts reviewed at the full house we had at our International
Investments and Business course. These facts reveal an incredible risk we face.
And of course show us an opportunity.
A recent article
in USA TODAY showed that the United States spends almost 50% more on health
care than any other industrial nation
(14.6% of GDP). Germany is next at 10.9%. All the other major
countries spend far below this.
Yet Americans
have the shortest longevity of all. Male life expectancy at 74.7 years.
This is shorter than Australia, Austria,
Canada, France, Germany, Ireland, Italy, Japan, Norway, the United
Kingdom, Sweden and Spain.
Just look at the numbers below:
| Country |
Medical Spending as % of GDP
|
Female Life |
Male Life Expectancy |
| USA |
14.6% |
79.8 |
74.4 |
| Germany |
10.9% |
81.3 |
75.6 |
| France |
9.7% |
82.9 |
75.6 |
| Canada |
9.6% |
82.2 |
77.1 |
| Sweden |
9.2% |
82.1 |
77.7 |
| Australia |
9.1% |
82.6 |
77.4 |
| Norway |
8.7% |
81.5 |
76.4 |
| Italy |
8.5% |
82.9 |
76.8 |
| Japan |
7.8% |
85.2 |
75.3 |
| Austria |
7.7% |
81.1 |
75.1 |
| England |
7.7% |
80.4 |
75.5 |
| Spain |
7.6% |
83.1 |
75.7 |
| Ireland |
7.3% |
80.3 |
75.2 |
Here are the three dangerous economic facts.
Fact #1: The
US has been the economic engine of the world for decades. A major business
slowdown in America will hurt everyone
globally and could even lead to war. What will Chinese politicians do
if the hopes of their 1 billion population are let down because US
exports dry up?
Fact #2: US
government debt seems insurmountable at over seven
trillion dollars. Yet according to USA Today this figure rises to 53
trillion if you take baby boomer retirement liabilities into
account! This works out at $473,456 for every household’s share.
Fact #3: The
US government gets 47.8% of its revenue from personal income tax and 34.2%
from social security contributions or 82% of its
total revenue. A huge portion of this revenue comes from the boomers
who begin to retire in just six years.

In short the
US and the rest of the world could be heading for a terrible financial
crash. Now we get to the bad part.
None of these
figures take into account the declining health of America. The reality
is that no one really knows how much health care
will cost as boomers retire and life spans increase because America’s
population is in such bad health. Chances are these costs will be
worse!
Here are excerpts
from a recent US Surgeon General’s report recently
stated:
"Overweight
and obesity are among the most pressing new health
challenges we face today. Our modern environment has allowed these
conditions to increase at alarming rates and become a growing health
problem for our nation. Overweight and obesity may soon cause as much
preventable disease and death as cigarette smoking.
“Approximately
300,000 US deaths a year currently are associated with
obesity and overweight (compared to more than 400,000 deaths a year
associated with cigarette smoking). The total direct and indirect
costs attributed to overweight and obesity amounted to $117 billion
in the year 2000.
“In 1999,
an estimated 61% of US adults were overweight, along with
13% of children and adolescents. Obesity among adults has doubled
since 1980, while overweight among adolescents has tripled. Only 3%
of all Americans meet at least four of the five federal Food Guide
Pyramid recommendations for the intake of grains, fruits, vegetables,
dairy products, and meats. And less than one-third of Americans meet
the federal recommendations to engage in at least 30 minutes of
moderate physical activity at least five days a week, while 40% of
adults engage in no leisure-time physical activity at all.”
This means
that every aspect of our health and wealth, almost everything material
is at risk. First, our currency, our economic
system and the very fabric of our society may fall apart because of
these economic distortions. Our way of life may change in ways we
cannot even imagine. Our money, our wealth and even our financial
freedom may fall apart.
This terrible
economic scenario could place even more pressure on our health which is
already at risk.
If the US economy
and US dollar fall apart there will be a lot more stress in an already
stressful world. Toxicity will increase as
environmental regulations will be relaxed to stimulate trade. Jobs
will be harder to get, workloads heavier, leaving less time for
exercise. Good food will be harder and more expensive to come by and
health costs could really soar or become unavailable.
This is why
Merri and I continue to stress the values of investing in the Wellness
Industry and investing in one’s own health. Good
health
is no different than good financial discipline. You cannot
continually draw out of your energy bank without putting back in.
As to wellness investing one area to look at is biodiesel.
According
to the National Biodiesel Board
“Biodiesel
is the name of a clean burning alternative fuel, produced
from domestic, renewable resources. Biodiesel contains no petroleum,
but it can be blended at any level with petroleum diesel to create a
biodiesel blend. It can be used in compression-ignition (diesel)
engines with little or no modifications. Biodiesel is simple to use,
biodegradable, nontoxic, and essentially free of sulfur and
aromatics.
“Independent
third-party, peer-reviewed studies show biodiesel has
the highest energy balance of ANY fuel. A prominent USDA/DOE study
shows for every unit of fossil fuel used to make biodiesel, 3.2 units
of energy are gained in energy output. That's a 320% increase and
includes soybean planting, harvesting, fuel production and
transportation.
“Biodiesel
is better for the environment because it is made from
renewable resources and has lower emissions compared to petroleum
diesel. It is less toxic than table salt and biodegrades as fast as
sugar. Since it is made in the USA from renewable resources such as
soybeans, its use decreases our dependence on foreign oil and
contributes to our own economy.”
In addition
biodiesel becomes competitive in Brazil when oil hits about $30 per barrel
and in the U.S. at about $50 a barrel.
More information
As to health
there are many things to do. One is to be and stay trim.
You can gain more on this from two free reports I have written and
posted at www.I-service-center.com:
Hoodia Weight Control...An African SECRET
The Power in Key Muscles
Health and
wealth are pretty important parts of our lives. The
horrifying facts above create some enormous opportunity. If we watch
and invest in the wellness industry and our own wellness, they can
make us truly rich!
It is my hope they do this for you.
Gary
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