We currently are experiencing not only a financial depression, we are going through an emotional and spiritual one as well. Lack in understanding your finances plays a big role in stress; a stress that can be inherited.
Before slavery ended, there were 35 million people in the United States, five million or 14.1% were POADUS (People of Afrikan Descent in the United States). When we were emancipated in 1863, we only had 0.5% the nations wealth because we couldn't even own the land we stood on. Today, 156 years post-slavery, you would’ve thought with all the athletes, entertainers, and influencers today we’d gain some ground, right?! Cap! Fact is, we’ve amassed just 1% of the nations wealth!
According to the U.S. Census, our highest percentage presence here was at 19.3%… back in 1790!! It has decreased every decade hitting a low 9.7% in 1930—which coincides with World War II, the Great Depression, and the height of the second wave of the Ku Klux Klan and their lynchings. Ninety-one years later we are hovering at 12.4% populous—roughly 42 million—down from 12.6% in 2010. We await the numbers post the start of Covid-19, and I don’t think they’ll be good.
To boot, the Federal Reserve recently reported the median net worth of POADUS is $24,100 while whites are $189,000 (nearly 10 to 1 disparity). Within the next two decades, our current $1.4 trillion spending power will be zero!
If your money isn’t working for you, then the only money you’ll ever see is the money you worked for. And you can only work so much. That means you can only earn so much. But if your money is working for you, then your earning potential is practically limitless.
At the core of economic eugenics, or financial population control, lack in access to finance and the understanding of it keeps us on the path of intergenerational poverty. What we need to focus on is the cause: ethnic deprivation.
If we take a second to think why aren’t we growing in number as citizens as well as our median net worth, it’s clear incarceration, police brutality, planned parenthood, and countless “Karen” incidences aren’t the only way eugenics have been used against us. So has economics—which dictates how you live, what you eat, and the level of info you have access to better yourself.
Recognizing this, in order to break this psychological spell, it requires a will to forgo what you’ve been taught. I invite you to join the Cryptowoke Financial Sustainability Movement where I show you ways to live off your savings and investments without falling victim to job loss or being taken advantage of in money markets rigged to fail.
I invite you to consider the rest of your life by putting yourself in a position where you’re on the path of sustainability with the ability to sustain any life-changing challenge that comes your way!