24 Comments
Dec 11, 2022Liked by Abundantia

Brilliant, as usual!

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Thanks!

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Sorelle & Leon, you two are amazing writers with absolutely profound thoughts. I love reading your posts. Thank you for sharing them with us. And for enlightening the world which some would definitely want to remain in utter darkness.

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Just a thought, we will always deal with jealousy and envy, so the trick is trying to find a niche that gives one an out when the dark forces approach. Selling marshmallows is a great idea for one, but what about the dozen other readers out here? As well as the Canadian trucker protest showed the govt can freeze your bank account without any legal reasoning. Dual passports are good while the govt of the day allow this…

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Hi Leon. When you say "you could incorporate in a place like Mongolia, Hungary, or Georgia where your tax liability might be 10% or under" that sounds great. Suppose you make 1 million, and pay 100k in taxes, that is great. But you can't use this money in Europe (where you live) because when the 100k land on your bank account you have to explain where the money coms from, and if this is from a place where you only pay 10% of taxes and that taxes in Europe are for example 50%, you have to pay the difference. So what's the purpose then? Or am I wrong? Best Regards, Love your posts. Peter

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While not specific to this particular post (although relevant by way of association to the topics of finance & investment), curious as to whether you have addressed (or plan to address) the catastrophic failure of FTX — Considering your previous praise and recommendations.

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We already have, including a full statement posted in our YouTube community tab.

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Yeah, had a read. Appreciated.

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Good to know. I asked as I hadn’t seen anything pop up. Thanks.

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As I read your comments about stupid governments making stupid decisions that are not based on sound principles but rather simply reflect some idiotic ideology, I was reminded of the catastrophic situation playing out in Europe at the moment. The EU nations (or most of them) are pursuing self -destructive policies of sanctions on Russia that are clearly backfiring on their own citizens, while having little to no effect on Russia or the situation that is the root cause of the actions.

Instead of pursuing the usual course of trying to gain a cease fire and negotiations that might resolve the situation in a way that would not cause so much death and destruction, the Mandarins of Brussels and Washington simply double down on their previous policy failures, and impose draconian measures on anyone who disagrees with them.

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A great read. I find these emails though generating.

Seeing what is taking place in most of the world’s governments is certainly depressing, it is forcing me to look for alternative and smarter ways of living inside their system. Sorelle’s yt channel also encourages this which I find encouraging. Thanks Leon, thanks Sorelle.

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Thanks, you always make interesting reads. I always look forward to getting them because they are a lot like the US.

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So does tyranny win? If we all are forced into a corner that we will no longer be able to make a product or provide a service what is to gain?

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Thought-generating, thanks.

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i really enjoyed the story about your Swedish friend. And the tip on 10% tax liability in Georgia. Thanks for the email!

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Interesting story and being a Swede I didn't know that thing about insuring events. Our new government is a total disaster... incompetent, anti-progress and anti sustainability.

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I just love you how you use moments in history to drive home the advice in your column.

It's so refreshing to see that usage again in todays world of forgotten lessons.

Thank you so much!

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Lessons from history: Some learn them, some don’t. Some express them in thoughtful, meaningful reflection others make a unique contribution to public discourse.

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Thanks again for the inspiration.

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Beautifully explained and was happy to see the Sri Lanka people show up at his proprty to oust him.

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