This is going to be controversial, but bear with us because we believe that you’ll come out of this with a fresh outlook on Joe Biden and American politics in general. Vladimir Lenin, the first head of the Soviet Union in 1917, famously said, “There are decades where nothing happens, and there are weeks where decades happen.”

I always liked that quote because what it really means is that systems are self-propelling, but every once in a while, they drastically change. In those times, revolutions occur in short order because the system gains control over the trajectory once more.

I went up to the roof of my friend’s 30-story tower and looked at the city views. He explained to me where the expensive areas are and where the rundown neighborhoods are. He showed me how the city developed in the past 112 years since its inception into what it is today.

He told me that some regions have not changed much in the past 40 years, while others are unrecognizable. He looked at me and said, “…but you know what, the way this city is shaping up has little to do with the mayor and a lot to do with the vibe and the people.”

In other words, he said, the city hall, with all of its grand schemes, is nothing compared to the sheer entrepreneurial spirit of the residents. You can put a 6-year-old in charge and things will tick.

This wasn’t always like this, he said. One generation ago it wasn’t as popular, expensive, or vibrant and that initial spark did come from the work of certain wise politicians who helped unleash the power of ingenuity in the city.

The United States owes much of its present position in the world to its founding fathers, the authors of some of the most pivotal documents in human history: the U.S. Constitution and the Bill of Rights. In 2021, though, this 245-year-old country runs on its own with its nearly 15 million federal employees.

Presidents have come and gone, some enacting policies that were deemed to be either insane or genius at their time, but all have faded in their influence on the daily lives of Americans.

Courtesy: Multipl.com

No one could have predicted the way the city I was overlooking would develop and where the expensive areas would be, just like no one foresaw real yields going negative. Joe Biden never intended to become President of the United States until 2019 and no one envisioned that in February and March of 2020, the governments of the world would introduce a global lockdown period where next to three billion living souls would be confined to their homes.

It’s true that Joe Biden is old. He occupies the role of Commander-in-Chief, yet he is not as sharp as he was before. His cognitive skills are deteriorating, but this doesn’t change the following:

  1. Real estate inventory in the United States is at its lowest level in ages.
  2. Stimulus checks have created huge cash buffers at the bank and consumer levels.
  3. Millennials are crushing it in the job market and they’re getting richer, wiser, and more ambitious as time passes. They’re going to be
    building America’s future and they’re getting married, forming families, and buying homes.
  4. American technology companies are revolutionizing the world in record time.

The free markets are working, debt burdens or not, and whether or not Biden is slipping on carpets, sleeping late, or spilling drinks.

If you set your mind on getting rich and becoming an expert in your niche, especially in the easily accessible real estate industry, where the mother of all opportunities exists, you shouldn’t even care who’s in office.

You’ll be hard-pressed to find a more ripe economy for becoming wealthy than the one we’re presently in. Biden may be a great person, a horrible man, and anything in between, but he will not determine where you’ll be in four years – only you will.

Share.
Lior Gantz

Lior Gantz is the Founder and Chief Editor for Wealth Research Group, a newsletter filled with the most up to date information on the economy, investments, passive income ideas, and how to preserve wealth. Lior has a wealth of knowledge at creating successful businesses. His investment philosophy marries the timeless strategies of deep-value investing with cutting-edge sectors, such as natural resources, blockchain tech, and cannabis legalization.

Please ensure Javascript is enabled for purposes of website accessibility
×

Thank You for Subscribing.