Tuesday, April 26, 2016

"The average American is like a medieval peasant afraid to go more than a day's walk away from his village for fear of dragons."
- Doug Casey, Casey Research
There Might Be Dragons (the Fear of Internationalization)
International Man's Jeff Thomas writes an essay on addressing the concerns & issues of Americans & others living in expensive, highly indebted countries considering moving & investing abroad, out of their home countries .. ""It’s now an archaic saying, yet it’s even more applicable today than in times of yore. There are literally millions of people (particularly in the EU, the U.S. and Canada) who are fearful that their country of residence is becoming increasingly less free and less safe for themselves and their wealth. Some are looking into the prospect of internationalising themselves, but a much smaller percentage actually takes the plunge. Why should this be so? Well, as in centuries past, for many, the reason is that…there might be dragons. Of course, none of the mariners of old had actually ever seen a dragon, so each one conjured up his own image, and this is just as true today." .. Thomas dispels some of the "dragons" preventing a move.

From Our Archives:
Oct 30, 2015
Living & Retiring Overseas For Americans
Doug Casey is interviewed by Gordon T Long* on the emerging trends that are taking place in the U.S. & internationally .. calling the U.S. a "comfortable and well maintained prison", he emphasizes that the standard of living in other countries is steadily going up unlike before when the standard of living in the U.S. was clearly way ahead of other countries .. he sees very soon people will be forced to retire outside of the U.S due to the rising health & medical costs .. on massive U.S. debt: "When you take on debt, you are either mortgaging your future or you are consuming capital that somebody has saved in the past and lent to you to increase your standard of living now, but when you pay the debt you reduce your standard of living by more than that amount because you have to pay interest on it in addition." .. he likens Americans renouncing their U.S. citizenship & moving abroad as being like when their predecessors left Europe & Asia in search of better opportunities .. on medical care overseas: "The quality of medical care is at least as good outside the U.S as it is in the U.S and it is much much less expensive." .. 28 minutes

1 comment:

Anonymous said...

The Great Gold Conspiracy

The manipulations of today are identical in character to gold price manipulation in Fowler’s time, only the derivatives and means of executing the trades—yes, there were many types of derivatives in Fowler’s time—have changed, but the basic idea is identical. Gold manipulation involved major speculators, banks and direct action by then U.S. Treasurer, Salmon P. Chase.

Conspiracies “R” U.S.
Financial conspiracies are a USA tradition. http://www.huffingtonpost.com/janet-tavakoli/the-great-gold-conspiracy_b_9777026.html