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    Sound of Freedom

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    Sound of Freedom

    That scene in Sound Of Freedom where Tim Ballard pretends to be a sexual predator to gain a suspect’s trust struck me as a bit creepy. Now I know why: “Tim Ballard’s exit from Operation Underground Railroad earlier this year followed an investigation into claims of sexual misconduct involving...
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    Who are the future BAEXPATS?

    The money quote. I've been hoping against hope Milei would change all that but think it's too far gone now. I spent weeks on the ground in Argentina and Taiwan in 1996 deciding which one to expatriate to and chose Taiwan. Worked out really well. With the commies across the Strait planning to...
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    Steve Forbes' Commentary on Milei

    Socialism's fatal flaw is it can only envision one way to create a functioning economy: bleed the rich. Two problems with that economic model are you'll inevitably run out of other people's money because there's only so much of it and because "other people" and their money have legs so they...
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    Steve Forbes' Commentary on Milei

    China freed itself from its Maoist nightmare by turning its back on socialism and embracing a form of capitalism that would make even a robber baron blush. The Chinese Communist Party went along for the ride because even it recognized the bankruptcy of the socialist model. Under Xi Jinping it's...
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    Steve Forbes' Commentary on Milei

    Russia, China, Venezuela, Argentina . . . . every country they’ve tried to turn into a workers’ paradise. They’re in the process of doing the same thing to the US that they did to Argentina.The common thread is scapegoating the wealthy for their failures when their “workers’ paradises” turn out...
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    Steve Forbes' Commentary on Milei

    Demonizing the wealthy is the last refuge of socialists after they destroy another country and its economy.
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    Steve Forbes' Commentary on Milei

    72,000 people have jobs which allow them to buy a house, raise a family, save for retirement, pay college tuition, take vacations etc. Try building a successful society in which nobody has a job because there's no one there like Zuck to give them one.
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    Steve Forbes' Commentary on Milei

    Zuck has created 72,000 high-paying jobs so he can't be that evil. How many high-paying jobs have you created?
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    Argentina ends income tax, offers relief before presidential elections

    That’s genius. Bribing voters with their own money.
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    The Economist: "Why is Argentina’s economy such a mess?"

    TLDW version: Peronism created a massive welfare state, a protectionist economy, a massive bureaucracy and tried to pay for it all by printing money. Result: a perennially sick economy, a financial system which doesn’t work, and a currency which is increasingly worthless.
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    Tucker Carlson in Buenos Aires

    The free lunch cult.
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    Tucker Carlson in Buenos Aires

    Not even God himself could sink the US Dollar. “Fitch Ratings recently downgraded the U.S. long-term credit rating from its top mark of AAA to AA+, marking the second time in history that a major credit-rating agency downgraded the United States. The first time was by Standard & Poor’s (S&P) in...
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    Tucker Carlson in Buenos Aires

    Excessives understandably hate Carlson because he's good at lifting up the rocks they're hiding under.
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    Fabulous article that details how Argentina went from Being the wealthiest country in world to now

    National prosperity isn't rocket science. All you need is a government which creates a stable economic system and a minimally intrusive tax and regulatory structure which allow entrepreneurs to flourish. Even countries with virtually no natural resources can become economic powerhouses if they...
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    What Would Dollarization Mean for Expats?

    The only thing government can do to create a prosperous society is to create an hospitable environment for creating goods and service. Engaging in endless, repetitive fiscal gimmicks instead is fool’s gold.
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    What Would Dollarization Mean for Expats?

    Argentina isn't socialist. Venezuela is socialist.
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    What Would Dollarization Mean for Expats?

    Argentina's government is a kleptocracy. The political class uses state money to buy votes so it has the power to steal money legally. They create a bureaucratic class to serve their kleptocracy. The bureaucratic class has only one goal: siphon up as much money as it can to serve its masters...
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    What Would Dollarization Mean for Expats?

    Dollarization would put the starving masses on a diet in order to curb the profligacy of the elites. It's not the structural change Argentina needs. Taiwan is a good model for how to run a country by unleashing the ability of people to create goods and services that constitute true prosperity as...
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    What Would Dollarization Mean for Expats?

    Class warfare is like a dog chasing a car. Once you defeat the business owning class then what? Rely on the government to create jobs in state-owned factories and offices? Build walls to keep running dog capitalists from voting with their feet?
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