The Russian Election: What It Means for US
Following the launch of LifeBahn on July 4, we are excited to continue our daily posts, exploring the world through the LifeBahn lens.
AutoBahn is a road for cars in Germany, and LifeBahn is the path to prosperity for people. Through the LifeBahn lens, we see only human beings. We are blind to socialism, capitalism, sexism, racism, or any other -ism but humanism. We believe that:
Recently, Russia held an election where Vladimir Putin was re-elected with over 87% of the vote. There are claims that the election was rigged, but regardless of the electoral process, the important question is whether this is a better choice for Russia. Does this election have an impact on the rest of the world, and if so, is it positive or negative?
To assess whether this is a better choice for Russia, we need to examine the country's economic health, specifically its national debt. Ignoring other societal issues like unnatural deaths due to pandemics, wars, military crackdowns, or murders, we focus on economic indicators.
Surprisingly, the story remains the same: the country is getting deeper into debt. While the projections might not be as dire as in some other nations, the debt continues to grow.
Having looked at the US, UK, French, and now Russian elections, a pattern emerges. No matter who we elect to manage our money and help us achieve prosperity, we are constantly being let down, regardless of the country. In our interconnected global economy, the collective debt of some of the most prosperous countries should be a cause for concern. This suggests that, collectively, as humans on this planet, we are in debt. And this is just from a wealth perspective; we haven't even considered issues like global warming.
Before we jump to conclusions and decide to "throw the bums out" (as some wise person once suggested about politicians), let's fully understand our collective global dilemma.
All of us, no matter where we live, are simply trying to provide for our families and help them prosper. Wealth is a key component of that prosperity. Wealthy is when our income is greater than our expenses, allowing for disposable income to invest and grow our wealth.
Clearly, if we are constantly in debt, we are not achieving prosperity. Instead, we are failing in our main objective of achieving prosperity for our children and leaving them worse off. This is a reality check and should be a wake-up call.
Before we panic and start making rash decisions, let's analyze the problem to find the right solution. The first step is acknowledging that we are in a significant predicament.
Next, we will look at a few more countries to see if the same pattern emerges there. We will then explore why this debt is increasing and how to achieve disposable income.
In fact, our “Lifetime of Education in 52 Weeks” program does exactly that for families. It teaches how to prosper by increasing wealth, understanding our environment, and learning from past lessons. This 52-week program is free and online, with the next session on July 14 and every Sunday thereafter at 10 AM EST (NYC) and 4 PM CET (Madrid). To reserve a spot, visit edugreat.org.
The bottom line is that learning how to use your vote effectively involves understanding what, not who, you are voting for. Even though it might seem that under certain administrations, we are better off economically in the short term, we must consider the long-term effects, especially on the next generation, which will inherit a deeper debt.
