Dateline: 16 July 2016 AD
Slim pickin's in Nigeria
All reliable indicators tell us that the American economy is in decline. Many people in the know say the now-unfolding European banking crisis will have a further deleterious effect on America's economy. The good news is that America is not as bad off as Nigeria.... yet.
With the recent drop in oil prices, Nigeria (the world's 6th largest oil producer) has been hard hit. The unemployment rate is 70%+. Some government workers have not been paid in months. The best areas of the country may get electricity for only two hours a day. Robbery is common.
If Americans were faced with a crisis similar to what is now occurring in Nigeria, they would die. That's because so many Americans are "soft, fat and weak." That's what Joshua Sheats, host of the Radical Personal Finance website says in this podcast interview: Think You've Got it Tough?
The interview is a discussion with a Nigerian man who has a survivor mentality. He is managing to make a living in a very tough economy, without expecting the government to help him.
What I found most interesting about the interview is near the end, when Joshua asks the man if he has any advice for American's who may be experiencing trouble finding a job and making money. His advice is full of useful wisdom and encouragement.
If you are without a job, or you know someone who is looking for a job, this interview is well worth listening to.