Prepare for an Economic Collapse on 1 January
The famed economist Arthur Laffer penned an explosive article for the Wall Street Journal, Tax Hikes and the 2011 Economic Collapse. The article not only predicts a major downturn for the economy on 1 January 2011, but also explains in depth the fiscal policy decisions which will force this to happen.
The entire article is very much worth reading, but the gist of it is that corporations and high-income earners have been pulling as much possible earnings into the 2010 tax year as possible, because of the numerous tax increases that are coming in 2011. The inflates the apparent strength of corporate earnings, which artificially boosts the stock market to unreasonable and unsustainable levels.
In 2011, this will naturally lead to decreased corporate earnings and a plunge in the valuations of most stocks. It will also lead to decreased tax revenue, due to all of the tax revenue that was pulled ahead into 2010.
On 1 January, the top federal personal income tax rate will rise from 35% to 39.6%, the top federal dividend tax rate will rise from 15% to 39.6%, the capital gains tax rate will rise from 15% to 20%, and the estate tax will rise from 0% to 55%. If you’re going to die soon, be certain to do it before 1 January.
Many Americans are also taking this last opportunity to convert their 401k, IRA, and Keogh plans to Roth IRA’s. This means expanded tax revenue for the government in 2010, but it also means shrinking tax revenues for the government in the future.
The effect of these tax change will no doubt start the “double dip” recession that economists have been predicting, if it has not already started by 1 January. You have almost six months to get your tax planning finalized and your investments prepared for the big plunge. Get to work!
I am sending an economy paper my grandson wrote. I believe Arthur Laffer would find it very interesting. My grandson is only 20 years old and has incredible insight to our financial mess…….judi
April 2010
Everyone is worried about the economy right now—and for good reason. Unemployment has been at or about 10% for nearly a year now (although if you count the chronically unemployed or those who have stopped looking for work, the actual unemployment rate is closer to 20%). These are very high numbers—so high that you undoubtedly know a few people who have lost their jobs. Maybe you are one of these people.
Unemployment is not the cause of the recession, however—it is merely a reaction to it. The truth is that the growth of the private sector has been dramatically stunted. There are many reasons for this. Everyone is fully aware of the housing crisis which was the result of both bad legislation and greedy lending practices. I could write an entire paper on this subject alone, but it is merely one rain cloud in the economic storm you are all currently weathering.
Suffice it to say that the housing crisis was nothing more than the straw that broke the camel’s back. The recession is so strong and tenacious precisely because it doesn’t have just one or two causes that must be rectified. This recession is the culmination of decades of bad legislation and faulty macroeconomic practices. Our economic problems in this country are so great in both multitude and magnitude that the America that we know and love is in extreme jeopardy. Not only do businessmen and politicians know this, but so do the other countries around the world—and so many of the American people.
This feeling of uncertainty is what is continuing to hold our economy back, but that doesn’t mean that this uncertainty is unwarranted. On the contrary, recent and pending domestic policies are inhibiting the growth of our economy, but for good reason. After all, who is willing to make the large investments in their businesses that create jobs when they are uncertain what their tax burden will be next year or what sort of new regulations pending legislation may force them to comply to. These are all very real problems, but the single greatest source of economic uncertainty in this country is the deficit.
As a country, we have been blindly racking up a national deficit for over 40 years, constantly choosing to burden our children and grandchildren with our debts instead of practicing fiscal responsibility and choosing to live within the constraints of our budget. The check is finally coming due for the years of irresponsible financial practices in Washington. This year, the interest payment on our debt alone will exceed $300 billion—just in interest! Despite this astonishing fact, we are all doing nothing to get ourselves out of this mess. In fact, we continue to add to the deficit instead of paying it off!
These economic practices are utterly unsustainable. Estimates put the interest on our debt at over $900 billion in 2020. Beyond that, it is clear that a complete shift in economic policy would be the only thing that would keep that number from growing exponentially. Just like with a credit card where one continues to make the minimum payments, but continue to add to the principle—debt compounds very quickly. It is not long before your payment is beyond your means.
Now, most of you know where I stand politically, but I am not above admitting that this bad economic policy has been a truly bipartisan problem. The past few years have seen this problem escalate and get completely out of hand. In recent memory, it began with Bush’s TARP bill, which pumped billions into the banks. As if that weren’t bad enough, this past year under Obama he has quadrupled the deficit through a series of massive spending bills.
Depending on where you get your news, most of these spending bills have not even been brought to your attention; although many you have heard of such as a multitude of bailouts like Fannie, Freddie, AIG, GM, as well as the unprecedented $787 billion “stimulus” bill. Contrary to some belief, this “stimulus” bill was a complete and utter failure. It was supposed to keep unemployment under 8%–which it obviously did not do. No matter how many jobs were supposedly saved or created (ha ha), unemployment continued to rise at a steady and consistent rate after the passage of this bill. When you look at the graphs, it is quite clear that the “stimulus” had little or no effect.
The effectiveness (or lack thereof) of the “stimulus” is beside the point. The point is that the government authorizes spending of $787 billion that we do not have! Contrary to what the politicians tell you, debt is the same in the White House as it is in your house—it is sometimes okay to borrow within your means, but if you continue to borrow beyond that you will eventually dig yourself into a hole that you are unable to climb out of. As a country, I fear we are already beyond this point.
The purpose of this paper is to prove this to you by pointing out some facts that you may not have known and by explaining how some of their economic principles work. I am confident that when I am through, you will arrive at the same logical conclusions that I have. My purpose here is not to scare you (although I assure you that it will), but to warn you so you can prepare yourselves for the difficulties that lie ahead.
I am going to spend most of my time focusing on the national debt and deficit because that, as you will see, is the core issue in which all of our other economic problems hang. I think it is potently obvious that our government’s habit of borrowing massive amounts of money at an attempt to feed its insatiable spending is a huge problem. The reason I have been putting so much emphasis on the “stimulus” bill, however, is because its concept represents a whole new kind of evil. Their bill authorized massive release of currency that was financed strictly by debt into our economy. Now at first this may sound like a good thing, but I assure you that it is not. Here is why:
As a country, we are only worth so much in a given year. If you add up all the capital generated by our country in a year, you will get our gross domestic product or GDP. An absolutely obscure percentage of our GDP gets into the hands of our government via taxes where it is quickly spent (or wasted). When the government runs out of money, it doesn’t just stop spending as you or I would do. No way! It does not even trim back by just borrowing enough money to keep things running. Instead, politicians spend as if our funds were limitless—and a large portion of their spending is allocated for completely unnecessary earmarks, pork, and pet projects of the constant stream of politicians in Washington who want their piece of the pie.
To meet their constant monetary demand, government does two things: Borrowing and printing. We borrow trillions of dollars from other countries like China (whom we currently owe $8-9 trillion). Now how do you think we convert all of this “Chinese” money into U.S. dollars? This is where the money printing comes in. Money must be printed because borrowed money is essentially “new” money. In other words, it is money that has not been generated by our own economy; money that is generated by nothing domestically and is only backed in value by an IOU. This practice obviously adds massive sums of previously non-existent cash into our economy.
All of this “new” money is a huge burden on our economy—especially when it is introduced into the private sector (“stimulus”) rather than being consumed by the government itself. Before I was talking about how the government “prints” all of this “new” money, but the term “print” isn’t exactly accurate. The government does not actually physically print more money; the Federal Reserve, or Fed for short, merely allows banks to lend “virtual” money that does not actually exist save for in the form of some artificially inflated numbers on some bankers’ balance sheets.
So what basically happens is the Fed, with a wave of its magic wand, suddenly increases the “digital” money held in our financial institutions for the purpose of eventually covering all of these checks the government is writing. Are you beginning to see how all of this is akin to a house of cards? Just wait—it gets even “better”. The key to understanding all of this lies with the fact that all of this “new” money that is being created has very little actual value because it was not created and generated here in America—it was just ordered into existence by the Fed and its magic wand.
Now this is where we begin to run into major problems. As I have said before, the government consuming all of this “new” money is bad, but injecting all of this “new” money into the private sector where it is then brought to market is nothing short of a catastrophe. This practice vastly increases the amount of currency being circulated through our economy, which makes the value of your hard-earned dollars go down—way down. Listen to this fact:
From October 2008 through February 2009, the amount of currency in circulation or held in financial institutions has gone up 271%! So in those five short months our supply of money nearly tripled! Keep in mind that we are now in March of 2010—a year after these numbers came out. I can promise you that in this past year of government spending, government bail-outs, and government takeovers of private corporations, the amount of currency in circulation is surely well beyond even that. A very conservative estimate puts the amount of currency currently in circulation at quadruple what it was 18 months ago. Alas, my most recent numbers say 271%, so we will be fair and say that has tripled instead, but keep in mind that this is surely a lowball.
Please take a moment to allow that fact to fully sink in as the understanding of the remainder of this paper requires full comprehension of that fact. Our amount of currency in circulation has tripled in the past year and a half, but what about our economy? Consumer spending and consumer demand for goods and services has not tripled—it has declined. Private sector growth has definitely not tripled—and that would be the only legitimate cause for such a massive flux in currency.
Now the problem here is clear—we have all this new money in circulation which we have pretty much willed into existence over the past 18 months, yet none of it was generated through our own economy, so why haven’t we seen our dollar value crash and burn? Simple—all of this new money is yet to be released into the economy per se. True the Fed has long ago waved their magic wand and bolstered the bank’s bottom line, but that is just it—all their new money is yet to leave the banks. The reason for this is obvious. The banks are keeping all this new money parked in their accounts because the current state of the economy has made them afraid to lend and consumers either afraid or unable to borrow.
Now I bet you are asking what about the stimulus, Jordan? Didn’t that authorize the release of billions of dollars of new money into the economy? Why hasn’t that been a foundation for sustainable economic growth? It is true that the stimulus caused billions of new dollars to change hands; the problem is that we consumers aren’t stupid. We know that any money that actually changed hands as a result of the stimulus was a one-time deal. Any of us consumers who are lucky enough to get a piece of the stimulus are not re-circulating that money back into the economy (which is the only way it could actually do any good). Why on earth would we do that? We are in the midst of a recession the likes of which we have never seen before. It is not a safe time to spend or borrow or invest. Any of us who may have been lucky enough to get a slice of the stimulus are going to take that money and park it back in the banks where it is safe as we wait out the economic storm.
So let’s recap—in the last year and a half we have tripled (at least) the amount of currency in circulation, but all of this new money is staying parked in our financial institutions. As long as all this money stays there, we are safe. Unfortunately, it won’t remain like this forever. Eventually, confidence in the economy will rise. It will begin to appear as if the storm has passed and the sun is coming out—but that will be nothing but an illusion.
All of a sudden the banks will deem it safe to lend. Consumers will deem it safe to spend and borrow—and will likely trip all over each other on the way to the bank to take advantage of the still low interest rates. Consumers will then proceed to spend all this money they have just borrowed (not to mention the money that we have been saving as our “just in case” fund). This sudden flux in spending will cause all of this new money that has been parked in the banks to flood the economy all at once. The market will react to this sudden flood of money and spending in a couple different ways.
First of all, the flux in spending will put a very high demand on products and services. The severe decrease in production we are dealing with now as a result of the recession will cause a temporary shortage of goods because there will suddenly be more buyers than there are products and it will take time to ramp up production to keep up with the demand. The law of supply and demand states that when the demand for a limited supply of goods and services suddenly skyrockets, so will prices. The result of such a scenario is inflation or the decrease in value of our dollar.
In normal circumstances, this would be enough of a problem in and of itself, but these are not normal circumstances. Remember—there is now triple the amount of currency chasing this very limited amount of goods and services. Economics 101—too much money chasing too few goods equals huge inflation. When you take into account the extreme amount of new money that is essentially flooding the market for the first time, it is clear that we are facing a disaster of unprecedented proportion. Couple this with a sudden flow of new money into the market with the natural inflation caused by supply and demand, and it is abundantly clear that our economy is on the verge of a plunge into absolute chaos.
As a country, we have dealt with this similar situation before, but never even close to problems of this scale or such a simultaneous culmination of various issues. I cannot stress enough that we have tripled the amount of currency in circulation in the last 18 months. That is absolutely unprecedented—and as a result we are not just facing regular old inflation—we are facing potential hyperinflation. What is that you may ask? Hyperinflation is essentially the extreme devaluation of currency to a point where it is barely worth the paper it is printed on.
For a historical example of hyperinflation, look at post-World War II Germany. Germany’s economy was so thoroughly destroyed after the Allied defeat of the Nazi regime that the standing currency in Germany at the time, the Reichsmark, had declined to 1/500th of its original value. The value was so decimated that Germany was forced to adopt an entirely new currency in the post-war reconstructing—the Deutschmark.
Now I know the circumstances facing Germany after the war are far different than those facing America today, but the concept is the same. Our absolutely massive accumulation of debt and the money “printing” that comes with it is eerily similar to the methods used by the Nazi’s to supply their war effort, and unfortunately the results could very well be the same. The dollar could easily be to future generations what the Reichsmark is to Germany today—history.
Now I know what you are thinking—“Surely the government is aware of all this and therefore prepared with some sort of countermeasure that can prevent this impending catastrophe! I mean, this is America after all—we are the strongest country in the world!” Well, I do agree with that last part, but the rest—not so much. It is true that a handful of politicians do have the foresight to see the impending economic disaster. People like Senators Jim Demint and John Boehner have been warning about this for years. Unfortunately, they don’t have the power to do anything about it right now. Almost as unfortunate is the fact that the media refuses to give coverage to the warnings being vocalized by these two Senators and a few others, not to mention the multitude of warnings from economists and Wall Street tycoons. This explains why you are probably hearing all of this for the first time. Do some digging of your own and you will find tons of very credible people singing the same song. Now, is there anything we can do to stop it? Well, sort of…
As I have explained, the potential hyperinflation we are facing will be caused by that extreme excess of currency flooding the market all at once. The only way to stop the runaway inflation is to soak up all of this excess currency the government has bled into the economy. This would be done by the government selling massive amounts of debt to domestic consumers in the form of Treasury Bills (T-bills). If they succeeded in selling enough of these T-bills it would be an effective way to stop inflation because it would reduce the amount of liquid currency in the market. Although this would work, the solution would only be temporary. T-bills are only sold for a certain amount of time. When the consumers who purchased the government’s T-bills cash out by redeeming those T-bills, the government has to pay them back—and with interest!
It bears mention that in order for the government to sell enough T-bills to control inflation, they are going to have to offer a relatively high interest rate in order to entice consumers to invest their money there. Keep in mind that we consumers aren’t dumb—in addition to our desire to make a profit on our investments, we will also realize the potential for inflation that could occur before we were able to redeem our T-bills. This would call for a higher interest rate yet in order to both ensure safety and future profit.
But as I said before, selling all these Treasury Bills only buys the government more time to execute a more permanent fix. In order to solve the problem for good, the government must continue to siphon money out of the economy. This time, however, they must figure out a way to take all of this money out of the economy without the obligation to pay it back, as is the case with the T-bills. Here things begin to get complicated. Once you have made the economic mistakes we have made, inflation to some degree is unavoidable. No matter what happens, the government will eventually have to pay back all those T-bills and when they do, significant inflation will occur. The idea is to cause deflation first in order to soften the blow. If the government can pull the money it needs to pay off its T-bills from our economy, it would turn the potential for catastrophic hyperinflation into a period of damaging but survivable stagflation—which is rising inflation combined with slow economic growth.
How would the government achieve this not-so-happy ending? There is only one possible way: A self-induced recession! The only way the government could pull enough money out of the economy to pay back its Treasury Bills is to have the Federal Reserve artificially jack up the interest rate on loans to almost incomprehensible levels. This massive spike in interest rates would cause significant deflation as intended, but it would effectively smother an already fragile economy.
Incredibly, our government has successfully executed this entire process before. The war in Vietnam precipitated an enormous deficit which eventually led to double digit inflation. To combat this inflation before it wreaked even more havoc on the economy, Paul Volcker, who was chairman of the Federal Reserve under Jimmy Carter, began to incrementally raise the interest rate. It wasn’t until the interest rate reached almost 20% that inflation finally stopped. But at what price?
Incidentally, you could probably answer that question far better than I could because you lived through it! I know you all remember the legendary recession of 1980-1982, so I won’t spend any time trying to explain how bad it was. The point is that the severity of that recession is directly attributed to that artificially increased interest rate that the government used to stop inflation. Thankfully, inflation was indeed halted, but the economy was nearly suffocated to death in the process. So if this tactic succeeded in dampering the effect of inflation before, why won’t it work this time? First of all, as I have thoroughly explained, we have dug ourselves into a much deeper economic hole than we were in the 1970’s. Not only have we incurred a massive deficit, but we have introduced far too much of this “new” money into our economy—271% too much to be exact. When all of this “new” money floods the market, it will be far more explosively catastrophic than anything we saw last time around.
Even more compelling than this is the fact that we are already in a recession of greater intensity than that of 1980-82, but we are yet to encounter the inevitable problem of inflation that made that recession so severe. Back then, the government raised the interest rate to astronomical levels to combat this inflation—and they nearly killed the economy in the process. This time the economy is already almost dead and inflation hasn’t even hit yet! In this economic climate, an artificial rise in the interest rate at the magnitude necessary would kill the economy and undoubtedly turn this recession into a depression. As bad as that may sound, allowing inflation to run its course unobstructed would be even worse. The decimation of our dollar would not only cause a depression—it would destroy the very foundation of our economy in the process. All of the effects of such a disaster cannot be fully comprehended. It is safe to say that recovery from a collapse of our monetary system would be an extremely long and difficult process. I also believe that an economic collapse of that magnitude would also cause the collapse of our government to some degree. The restructuring that such a catastrophe would necessitate could very well mean the end of America as we know it. We are a nation made up of very strong, smart people and I have no doubts that we would rebuild ourselves into the great country that America is and always has been at heart, but the devastation we would have to endure in the process would be incomprehensible. Think post World War II Germany.
Now I know what you are thinking—“There is no way this could happen! This is America! We are the strongest country in the world! There is no way our government could run itself into the ground like that!” Before you go any further, recall for a moment the might and power of the former Roman Empire. Keep in mind also that our country is run by fallible human beings—and we have been electing some real doozies for the past 80 years or so. It is easy to believe that we are invincible; that the rules of economics and common sense don’t apply to us somehow. After all, we have lived in the richest, strongest, and greatest country in the world for our entire lives. We have been through tough times before, but our strength has always seen us through.
Please don’t allow yourself to be lulled into a false sense of complacency that is derived from the way things have always been before. That false sense of security has been the cause of the collapse of all the greatest civilizations in history. Who are we to think we are any different? We are not invincible! America is like the Titanic. “We are the strongest ship ever built! We are unsinkable!” Well guess what? This ship is starting to go down and there are nowhere near enough lifeboats on board to save us all. The good news for us is that it isn’t too late. You can still get your own lifeboat on board as a safeguard for you and your family against the sinking of this great ship!
Please don’t allow yourselves to be tricked into believing the economy is beginning to make a permanent recovery. As I have explained, eventually things will start to look up. The media will undoubtedly tell you that the storm is over and that its time to bring your money out to play. Don’t fall for it! This event is precisely what will bring about the onset of the impending financial collapse. As I like to say, it will get much worse before it gets much better. It will get better before it gets much worse, but it will get far worse than it has been before we make a full recovery.
Can any of this be stopped? Stopped—no. Actions could be taken to dampen the intensity of the catastrophe, though. The problem is that some tough and difficult decisions need to be made. Dramatic steps need to be taken to drastically diminish our consumption while dramatically increasing our output. Sadly, I can all but guarantee you that these difficult and dramatic changes will not be made—at least not soon enough. Even if they were, I believe it is too late. If the extreme measures that need to be taken were implemented tomorrow, I fear they would not have enough time to correct our many problems before the check comes due.
I am not going to go into what I believe needs to be done here because it would require an entirely new paper. In all honesty, what I believe is the solution is irrelevant anyway, and expounding it to you is not the purpose of this paper. I have written this to you all as a warning. I love you all so very much and I want you to know what is coming so you can prepare yourselves. Get your lifeboat ready! Please follow my motto: Hope for the best but prepare for the worst.
I believe the best possible scenario would still see the value of the dollar decline by 50%. The worst case scenario would be hyperinflation and the complete collapse of the dollar that comes with it. Either situation would be absolutely devastating to your retirement accounts—especially if you are currently retired and living off of that money, as I know many of you are. You must protect the value of your hard earned money. I’m sure there are several ways to do this, so you need to do your own research and find out what option is best for you.
My personal preference is getting your money into some form of gold—whether it be gold IRA’s or gold stocks or the multitude of other gold-backed options. Just imagine what you would do if one day all of the money you have saved for all these years was suddenly worth no more than the paper it is printed on. What would you do? I believe gold would protect you from experiencing such an unthinkable catastrophe. I know gold is very high right now, but if anything that is proof from the market that gold is the place to put your money in this economic climate. The reason for this is gold will always maintain its value, and even though gold is higher than ever right now, as the dollar begins to decline, gold will inevitably continue to go up. You have all seen the T.V. commercials for cashforgold.com and the like. Some person with a ton of money is trying to buy up as much gold as he can because he sees the economic disaster that is brewing on the horizon. Look guys—I am not trying to tell you what to do with your finances. You have all worked very hard to earn your money and that makes the decision about what to do with it yours and yours alone. There are many options that could offer you protection from inflation while also making your money grow. Please take a look at your finances with all I have told you in mind and do your own research and find out what is the best option for you. But like I said, hope for the best but prepare for the worst—and the worst is a virtually worthless dollar.
As important as it is to protect your money, there are many other precautions you need to think about taking as well. Imagine what life would be like without the existence of money. How would you acquire the things you need to survive? Look, I know all this seems beyond the realm of reality—like it would be more at home in some science fiction movie, but the truth is that this really could happen—and sooner than you think!. Don’t get Titanic syndrome—get your lifeboat ready just in case we hit the iceberg! Start a food bank in your basement and every time you go to the store grab a gallon of water. Create a stockpile of seeds you could plant to feed yourselves if it comes to that. I know all of this sounds crazy, but it is far better to be prepared than to starve!
It may be time to think about getting a gun if you don’t have one already and stockpiling ammo as well. A gun will prove invaluable as a means of protecting yourselves, and who knows—it may also be a valuable tool in acquiring food via hunting. Like I said, I know all of this seems like something straight out of the Twilight Zone, but you must accept the fact that all of this is at least possible, if not probable. The possibility alone should be more than enough motivation for you all to take these relatively simple precautionary measures. I am not going to take the time to catalog every single thing you need to do to prepare yourselves. Just imagine what life would be like during a financial collapse—life would suddenly be more like it was in 1810 than 2010. Put yourself there. Imagine all the things you would need to survive. How would you acquire all those things? There would be no such thing as “going to the store”. You could trade others for some of the things you need, but you would have to have some things those people would want to trade you for. Other than that, it would be up to you to get all the things necessary for you and your family’s survival yourself. Imagine all the new dangers that would be present. How would you protect yourselves? Please, take all the precautions that are within your power to take. Prepare for the very worst!
Lastly, please don’t just take my word for any of this. Brush up on your macro-economics (although stay away from anything that casts the Keynesian theory in a positive light because it has proven itself to be incorrect over and over again). Brush up on your history as well. The answers to all the problems we are facing now lie in the past—you just have to know where to look. Plus, the old adage rings true: Those who don’t know history are doomed to repeat it. Check the facts I have presented to you. Inform yourselves so you can arrive at your own conclusions. You may have to do some digging, but you will find out the same things I have discovered. As I mentioned before, there are tons of people warning of the same things I have told you. This isn’t just some far out conspiracy theory that I have cooked up. I did a lot of research and compiled my facts from a multitude of different sources. I arrived at this conclusion on my own—I am not just regurgitating some questionable piece of propaganda. Please look into this yourself and you will then be able to see for yourself. All of this information I have expounded to you is not nearly as fringe as many would like you to believe. In fact, just last week there was an article in a major British newspaper that questioned the future existence of the dollar!
As I mentioned before, I wrote all of this strictly out of love for you all. I care about you all so much and I want you to be prepared for what I feel is coming. I tried to explain all of this as generally as I could. I tried not to get hung up explaining all of the fine details because it would have taken away from the overall point of this paper (not to mention double it in length). If you have ANY questions at all please write me. If I wasn’t clear on something please write me and ask me to clarify. If you want details about a specific concept, all you have to do is ask. You know my address. I do know one question you all may have in your minds right now—When? That is not for me to say, but if I had to guess I would say within the next 5 years. It could be even sooner than that—much sooner; at most we have 10 years. Please get your lifeboats ready and remember: Hope for the best, but always prepare for the worst! I love you all so much!
–Jordan
Jordan-Is it possible for the banks to declare a force majeure like they did in haiti recently? and is it possible we may see a dollar devaluation such as 3 old dollars for one new one?
Wow Judi, you’re 20 year old grandson is wise beyond his years & can write very well. I hope he is going into a field where he can use his talent well.
Jordan has got it right. I hope you don’t mind, but i shared Jordan’s article with everyone on my contact list.
Thank you Very much!!!