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Non-Tech : Kirk's Market Thoughts

COHR 134.64

+4.6%

Nov 5 3:59 PM EST

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To: zzpat who wrote (5317)	12/17/2017 11:31:44 AM
From: Kirk ©	1 Recommendation Recommended By the traveler Read Replies (1) of 26422

No wonder my friend with 4 kids moved back there to live. They have health care for everyone and a top tax rate of 22%. They do have their own problems. One is the wealth disparity may be as bad there as here. The low taxes fairly strict government (no freeloaders... to get public assistance there when I was there for work, people had to work at jobs like making sure you wash your hands in airport restrooms and picking up trash and dead leaves at the many, beautiful parks.) SO, with far less incentive to be on public assistance, they had less of it. My friend says there are all sorts of problems with wealthy Russians moving there and driving up cost of living. It sounds similar to here in the Silicon Valley with wealthy Chinese moving here, paying cash for homes in great neighborhoods so the kids get a good education with the fathers often spending most of their time in China. But the biggest reason they can afford that is they don't have a huge military that we have.

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