Aren't they just a waste of time? The pursuit of democracy as an ideal seems to be hopelessly flawed in places like South Africa when out of a voting population of 22 million there are 5 million individual tax payers and 16 million people on grants!!
It's time to start trimming and eliminating governments. They add very little, or no value, and are little more than a self perpetuating consumer of wealth.
Retirement, finance and health issues facing baby boomers. My new life in Cebu Philippines. With a bit of musing about the current state of humanity and the world!
Sunday, 15 May 2011
Universal Problems - Hemorrhoids and Making Money on The Internet!!
These may seem to be strange bedfellows ... and they are!!
The warped correlation is that many people are trying to make money on the internet while many other people are looking to cure their hemorrhoids or some other day to day ailment.
Couldn't they solve each others' problems?
Click Here! If you happen to be looking for a hemorrhoids cure
The warped correlation is that many people are trying to make money on the internet while many other people are looking to cure their hemorrhoids or some other day to day ailment.
Couldn't they solve each others' problems?
Click Here! If you happen to be looking for a hemorrhoids cure
Saturday, 23 October 2010
Nevertirees - One of the new breed of retirees
http://www.barclayswealth.com/americas/about-us/news/retirement-shunned-by-nevertiree-wealthy-says-new-global-report.htm
Some other proposed definitions:
Fortirees - people forced into retirement ... reached the arbitrary age. Have to continue working to survive or maintain an acceptable lifestyle.
Traditional retirement - what our fathers had. Now becoming the preserve of government employees
Retirement - the point at which you think you have enough money to live your chosen lifestyle till the end of your days.
Some other proposed definitions:
Fortirees - people forced into retirement ... reached the arbitrary age. Have to continue working to survive or maintain an acceptable lifestyle.
Traditional retirement - what our fathers had. Now becoming the preserve of government employees
Retirement - the point at which you think you have enough money to live your chosen lifestyle till the end of your days.
Thursday, 9 September 2010
Retirement Ages
Well now we have the French getting all frothy about the increase in the retirement age. Following on the heels of the Greeks and the Spanish ... who'll be next? Weren't they intelligent enough to see that this was inevitable?
Firstly the concept of a mandatory retirement age is only really attractive to government and other similar bureaucratic institutions. For ambitious working people with a sense of worth and ambition forced retirement is an insult - and simply discrimination based on age!
Retirement should be a state of achievement not some arbitrary age of right - the right to be a non value adding consumer of resources paid for by the rest of society.
The politicians of the past certainly made a mess of things ... the ones today have no option but to get it right.
For more on this go to Successful-Retirement.com
Firstly the concept of a mandatory retirement age is only really attractive to government and other similar bureaucratic institutions. For ambitious working people with a sense of worth and ambition forced retirement is an insult - and simply discrimination based on age!
Retirement should be a state of achievement not some arbitrary age of right - the right to be a non value adding consumer of resources paid for by the rest of society.
The politicians of the past certainly made a mess of things ... the ones today have no option but to get it right.
For more on this go to Successful-Retirement.com
Sunday, 22 August 2010
Successful Retirement
Since stopping work at the end of May my life has been a world of mind boggling learning and writing.
My site www.successful-retirement.com is now live and crawling and I'm seeing small improvements every day!
This experience has helped me understand the meaning of Confucius's quote "if you find work you love you will never work another day in your life."
I have taken the first steps to being a 'digital nomad'.
My site www.successful-retirement.com is now live and crawling and I'm seeing small improvements every day!
This experience has helped me understand the meaning of Confucius's quote "if you find work you love you will never work another day in your life."
I have taken the first steps to being a 'digital nomad'.
Monday, 14 June 2010
A new life
At 62 I have now left a formal job and regular salary to pursue my passion of having the life of a digital nomad.
My goal is to have the choice to live and work anywhere in the world ..... and the reward will be real freedom.
Freedom for me is not having a vote in some so called democracy but to live a sovereign, libertarian lifestyle making my own choices of how and where my contribution to society is paid.
In many of the democracies of the world it appears that government spending is just used to buy votes for the next election?
My goal is to have the choice to live and work anywhere in the world ..... and the reward will be real freedom.
Freedom for me is not having a vote in some so called democracy but to live a sovereign, libertarian lifestyle making my own choices of how and where my contribution to society is paid.
In many of the democracies of the world it appears that government spending is just used to buy votes for the next election?
Thursday, 27 May 2010
A recipe for disaster?
The irresponsibility (stupidity?) of many governments during the last 40 or so years to generate "wealth" based on credit is now coming home to roost. This will have a dire impact on your retirement unless you start actively managing the risks.
In an eye opening article in Whiskey and Gunpowder Egon von Greyerz says "We have crossed the Rubicon and events in the world economy are now likely to unfold in a totally uncontrollable fashion" . Clueless governments...will continue to prescribe the same remedy that caused the problem in the first place, namely more credit and more printed money.."
The chart below shows debt as a percentage of GDP for various OECD countries." Egon continues. "The official debts (in red) are massive and unlikely to ever be repaid in real money. Total debts (grey bars) include unfunded liabilities such as pensions and health care. Spain has the lowest total debt to GDP of 250%. Germany and the UK have around 400%, the US around 500% and Greece over 800% debt to GDP. These figures are absolutely astronomical and prove that most governments in the world will be totally incapable of repaying their debts or funding their future pension and medical care liabilities."
If these countries were businesses they would now be bankrupt.
"Never in history," Egon insists, "has the world been in a situation when virtually all industrialized countries are bankrupt. Therefore there is no precedent for what will happen in the next few years. What we can be quite certain about is that events will happen in a seemingly random pattern and that it will be impossible to forecast where the next crises will start.
In an eye opening article in Whiskey and Gunpowder Egon von Greyerz says "We have crossed the Rubicon and events in the world economy are now likely to unfold in a totally uncontrollable fashion" . Clueless governments...will continue to prescribe the same remedy that caused the problem in the first place, namely more credit and more printed money.."
The chart below shows debt as a percentage of GDP for various OECD countries." Egon continues. "The official debts (in red) are massive and unlikely to ever be repaid in real money. Total debts (grey bars) include unfunded liabilities such as pensions and health care. Spain has the lowest total debt to GDP of 250%. Germany and the UK have around 400%, the US around 500% and Greece over 800% debt to GDP. These figures are absolutely astronomical and prove that most governments in the world will be totally incapable of repaying their debts or funding their future pension and medical care liabilities."
If these countries were businesses they would now be bankrupt.
"Never in history," Egon insists, "has the world been in a situation when virtually all industrialized countries are bankrupt. Therefore there is no precedent for what will happen in the next few years. What we can be quite certain about is that events will happen in a seemingly random pattern and that it will be impossible to forecast where the next crises will start.
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