19 Feb 2008 11:15:20 | William Cate
Globalize to Survive By William Cate Published September 2004
[http://home.earthlink.net/~beowulfinvestments/]
[http://home.earthlink.net/~beowulfinvestments/globalvillageinves
tmentclubwelcome/]
Civilization in the 21st century is in serious trouble. Modern
economic models that manipulate the public's perception of the
economy's stability aren't working as well as they have in the
past. The cost of repairing the environment is beyond the
financial and technical means of governments to do. Population
is growing while resources are diminishing. Demand for a Western
lifestyle is almost universal, while civilization's ability to
meet that demand doesn't exist. The result will be social
upheaval, political instability and economic uncertainty. The
individual will be sacrificed to the needs of the government
bureaucracy.
As an individual, your civil rights are subject to the whim of
your government. Most people prefer the illusion of security
above personal freedom. Thus, most citizens are willing to give
up their rights in the belief that it offers them greater
protection against the forces arrayed against their government.
You can see it in the fact that it took the American Government
about six weeks to repeal the Bill of Rights after the attack on
the World Trade Center. The Russian Government plans to give its
citizens the rights they had during czarist times, thanks to the
Breslan School siege.
Governments tax their citizens to pay to maintain the illusion
of national security and economic wellbeing. During the Roman
Empire, the income tax rate varied from 1% to 3%. From the Dark
Ages to the Renaissance, the income tax rate was usually 20%. In
modern times, the income tax rate averages about 50% of your
income. History teaches us that no government or civilization
will survive over time. Whatever you are buying with your taxes,
it isn't long term security for your family and descendants.
Business investment is risk. Governments expect their citizens
to bear the full risk of creating local employment. If you
succeed, you pay local taxes. If you fail, you are broke.
However, those same governments will share your risk when you
aren't a citizen of the country. The government won't tax your
profits.
Society's values change. Religious and racial tolerance, a
hallmark of the last half of the 20th Century, are the
exception, not the rule in history. Too many people see Islam as
the religion of terror in the West and Christianity as the
religion of subjugation in the Middle East. Entrepreneurs are
seen as a force for good now, but are the likely scapegoats for
the coming environmental meltdown. Science and technology, the
gods of the 20th century are the likely devils of the 21st
century. As individuals are associated with these groups they
will find themselves in need of relocation beyond their national
borders. There is no group in any country that can be certain
they are safe from changes in the national value system. There
is no individual anywhere who can't be seen as an Enemy of the
State, at some point in the future.
Even in the most repressive of societies, capital and personal
flight are possible. During the Chinese Cultural Revolution,
hundreds of millions of dollars fled China. Hundreds of people
flee North Korea every year. Globalize your assets before your
government finds the extremes of oppressive economic and social
policy. In most countries, individuals can find legal methods
for moving some of their liquid assets offshore. There are even
creative ways of moving your fixed assets, beyond the control of
your government.
Plan for the future. Otherwise, you and your family may not have
one. An ounce of planning offsets a ton of future regret. Your
goal should be to put your assets beyond the control of any
single government and to have more than one passport. Doing so
is your best insurance against an uncertain future. There are
groups that are willing to help you, no matter whether you live
in Mongolia or France. Find one and let them help you Globalize
to Survive.
To contact the author: Visit the Beowulf Investments website:
[http://home.earthlink.net/~beowulfinvestments/] Or, visit the
Global Village Investment Club Website:
[http://home.earthlink.net/~beowulfinvestments/globalvillageinves
tmentclubwelcome/]
About Author :
He has been the Managing Director of Beowulf Investments
[http://home.earthlink.net/~beowulfinvestments/] since 1981 and
is the Executive Director of the Global Village Investment Club
[http://home.earthlink.net/~beowulfinvestments/globalvillageinves
tmentclubwelcome/]