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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: TobagoJack who wrote (169809)3/23/2021 2:48:35 PM
From: Maurice Winn5 Recommendations

Recommended By
3bar
gg cox
kingfisher
pak73
SirWalterRalegh

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Some tax avoiding entity from Cayman Islands outbid me on 200 acres of beautiful rolling farmland just north of Warkworth, NZ-Aotearoa-Zimbabwe a dozen years ago. So I have had direct experience of the effect of transferring wealth from here to there.

I would not mind if legally due taxes were enforced.

Number 4 fox from China by name William Yan (ask Google) swindled me out of NZ$1.5 million several years ago on a planned dairy factory. But he was caught and was obliged to pay NZ$43 million in settlement of foxiness to China and I guess NZ.

The company I was backing had a lawyer who failed to properly enforce a contract leaving me holding bag. Fortunately I had a security which enabled a $0.5 million recovery. The other investors lost all.

Life provides many harsh, brutal, merciless, lessons. There is a vast array of failure mechanisms. What fun! Fortunately there is an infinite array of ways to succeed.

People say we learn from our mistakes. But more importantly we learn from our successes. What gets rewarded gets done. Punishment just stops bad ideas, it doesn't create good ones. Authoritarians stomp good ideas as well as bad ideas.

Mqurice
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