Posts tagged taxes
Posts tagged taxes
by Date: October 28, 2011 Reporting From: Tokyo, Japan
Young people in bankrupt western nations do not have a particularly bright future. To put it bluntly, society is going to force-feed you a shit sandwich. Higher taxes, more debt, fewer prospects, and a much lower standard of living await you. That’s if you stick around.
You probably won’t be surprised to hear me say this, but I think that young people ought to consider getting out of dodge. The world is a big place and it’s full of opportunities. Following the old way of ‘study hard, go to a good school, get a great job, and work your way up the ladder’ is completely dead.
Success today, whether it’s in a job or owning a business, is all about creating value– what can you do that’s so valuable to someone else that they’re actually willing to pay you for it?
When you’re in a developed country surrounded by hundreds of millions of people who share similar skills, it can be a bit competitive to do this. But if you take off for a developing country, you might be the only person in town who can do a number of things that might seem like second nature to you.
The great thing about being young is that you have nothing to lose and everything to gain. It’s the only time in your life that you won’t be saddled with other responsibilities.
As for WHERE to go? Part of it is a lifestyle choice… where do you want to be? But most of all, look where the growth is. Asia, Africa, Latin America. You’ll find a happy medium that strikes a balance between growth opportunities and your personal desires.
I wrote about Mongolia last week, there are fortunes to be made there. If you’re a real wild man, try South Sudan… they’ve been a country for all of three months. If you want a steady job and work experience, try China or Singapore.
Most of all, just expand your horizons and start to consider possibilities all over the world. Ignore your friends and family, they’ll just try to talk you out of it. And then, in a few years’ time when you’re wildly successful, they’ll pretend like they supported you all along.
Although he doesn’t mention it specifically in this particular article one of Simon’s top choices for expatriation is Chile. Check out all the reasons why at his website here.
The Federal Reserve Scam or How Our Currency System Doesn’t Work but Mortgages Our Future
Uploaded by CaseyResearchFAN on Oct 24, 2011
http://bit.ly/whenmoneydies Michael Maloney, CEO and Founder of goldsilver.com speaks at the Casey Research/Sprott Summit When Money Dies.
In this video excerpt from the Casey Summit When Money Dies, Rich Dad advisor Mike Maloney explains how currency is created, “fractional reserve banking,” and why our banking system is a pyramid scam of epic proportions.
The sold-out When Money Dies summit was a huge success, with attendees and participants alike receiving much to think about. If you missed it, you can still “be there,” via a full set of audio recordings. These are available now, in CD or MP3 format for your convenience. http://bit.ly/whenmoneydies
Question of the decade . . . in both the US and Europe.
Economics for Dummies
Welcome to the 2nd Lost Decade.
Photo By AP/Evan Vucci
FACT CHECK: Are rich taxed less than secretaries?
By STEPHEN OHLEMACHER - Associated Press September 20, 2011
WASHINGTON (AP) — President Barack Obama says he wants to make sure millionaires are taxed at higher rates than their secretaries. The data say they already are.
Is this their idea of “Do no harm”?
To paraphrase a remark in Simon Black’s newsletter Sovereign Man today:
Washington puts completely unnecessary and unrealistic obligations onto American firms, forcing them to deal with administrative details and absurdities instead of what really matters in business: making money.