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Monday, September 10, 2012

The Palm Beach letter - how to get rich in the underground economy

Ateneo Professor on Entrepreneurship

The Palm Beach Letter.

You can get rich in the US underground economy (or for that matter anywhere in the world):  currency, investments, real estate.

When the author moved to Palm Beach Florida, and was introduced to ordinary business, he found out that the ordinary business is riggged vs the individual poor investor.  Thus he migrated to the underground economy.

In 3rd world countries, the underground economy could be 30-50% of the total economy

They are largely unregulated.

The regular mainstream economy is rigged to make money out the little man/investor.

Read more on the underground economy

You could get rich.

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