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It ripped me up inside to see this kid in jail

February 17, 2014 En route from Buenos Aires, Argentina On the tail end of my Army career over a decade ago when I was still living in the Land of the Free, I used to be a volunteer for the Big Brothers / Big Sisters program. If you’ve never heard of it, BBBS

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This is why I am so optimistic about the future

February 14, 2014 Buenos Aires, Argentina It’s clear that in today’s world, young people are constantly getting the shaft. Everyone is, really. But in many ways, young people have it the worst. Youth unemployment rates in ‘rich’ countries are shocking. Abysmal. Young people are the last to be hired and the first to

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Totalitarian government at work

February 13, 2014 Santiago, Chile The IRS scandal caused a massive uproar last year when it was revealed that the agency was deliberately targeting non-profit political groups solely based on their names or political themes. One of those groups was called True the Vote, a grassroots, non-partisan organization that recruits and trains volunteers

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This chart will make you want to sell your stocks

February 12, 2014 Santiago, Chile Three million percent. That’s the investment return that Andy Bechtolsheim has made on his Google investment. If you had parked $100,000 in Google stock when it IPO’d ten years ago, your investment would be worth $1.4 million today. Not bad. But Andy was one of the first major

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System failure

These convicted felons are more resilient than the average Joe

February 11, 2014 Sovereign Valley Farm, Chile I’ve recently read about a program in California whereby inmates at San Quentin state prison plant organic gardens within the prison’s walls: It’s an incredible irony that, in doing so, these convicted felons are achieving a level of resilience and security that many ‘free’ people on

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When George Clooney starts pitching government bonds…

February 6, 2014 Lakes region, Chile Last week in his State of the Union address, the President of the United States laid the groundwork for a new government program he calls “MyRA”. As he explained to the American people, this program will allow US taxpayers the ability to loan their retirement savings to

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What you can learn from the founders of Hong Kong

February 5, 2014 Panguipulli, Chile As you may know, I’m an avid reader. I devour especially historical accounts of any kind, because I consider lessons of history to be invaluable. As the Latin proverb says: Historia magistra vitae est—history is life’s teacher. One of my all-time favorite books is a novel by James

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Ben Bernanke

Summing up Ben Bernanke’s reign in four numbers

January 31, 2014 Sovereign Valley Farm, Chile First of all, a very Happy New Year to our many Chinese readers. According to the ancient Zodiac, today we are shedding the coils of the year of the Snake in favor of the Horse. Given this symbology, it is perhaps a very small irony that

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Presenting the latest country to lose confidence in the dollar….

January 30, 2014 Sovereign Valley Farm, Chile Zimbabwe. You remember those guys, right? The country’s plight with its currency became world famous, the butt of untold jokes in economic circles. At its height, hyperinflation in Zimbabwe reached nearly 90 sextillion in 2008. That’s a 9 with 22 zeros. To put it in context,

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Uncle Sam

IRA confiscation: it’s happening

I have an old acquaintance named Sam who has a hell of a deal for you. Sam is actually a pretty famous guy with a big reputation. Unfortunately he has been a bit down and out on his luck lately… but he’s trying to make a comeback. And Sam is prepared to float

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The REAL State of the Union in just 889 words…

Mr. Speaker, Mr. Vice President, members of Congress, fellow citizens: This summer we will commemorate the 100th anniversary of the start of World War I. This senseless, destructive war was started and championed by politicians who cared nothing for the 9 million people who lost their lives. And in doing so, they began

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Not bank vaults

This is what banks do when they go broke

January 27, 2014 Santiago, Chile It’s happening again. This time HSBC branches in the UK are putting limits on customer withdrawals. Bank employees there have been telling customers that they first must demonstrate to the bank’s satisfaction WHY they want to withdraw their own money. The bank has simply decided in its sole

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5c Stamp

No inflation Friday: the dollar has lost 97% of its value against stamps

January 24, 2014 Sovereign Valley Farm, Chile One of the greatest lies of the modern financial system (and that’s really saying something) is about inflation. The puppet masters who control the system have managed to convince people that deflation = bad, and inflation = necessary evil. Perhaps the even bigger lie is that

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Capital controls

Here it comes– more leading economists call for capital controls

January 23, 2014 Sovereign Valley Farm, Chile As the saying goes, ‘desperate times call for desperate measures.’ The phrase is bandied about so frequently, it’s generally accepted truth. But I have to tell you that I fundamentally disagree with the premise. Desperate times, in fact, call for a complete reset in the way

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Flock

He aquí: ¡Una grandiosa forma de perder mucho dinero!

16 de Enero del 2014, Santiago de Chile Hay un minúsculo parasito que existe en la naturaleza conocido como: Spinochordodes tellinii el cual infecta grillos y saltamontes. Una vez que ha alcanzado la madures este gusano es capaz de afectar profundamente el comportamiento de su anfitrión; entre lo más destacado, este gusano puede

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