In the early days of 1522, the deafening boom of large-bore cannons could be heard echoing off cerulean seas, somewhere southwest of Portugal’s coast. The barrage of fire was meant as a warning. But a warning that very soon, could be directed much more accurately at the trio of vessels it was intended for.
Thank you for your thoughtful article. Definitely food for thought.
Well written! Thank you! I look forward to these every time.
Thank you for your continuous feedback in our financial world and our perception thereof. Most enlightening. as always.
Very topical piece. In the UK there is a body of evidence to suggest that truly biblical levels of fraud were commitment during the Covid outbreak. Allegedly some companies, not a million miles from the government were given contracts to supply PPE resources despite barely being in existence for five minutes and having no demonstrable experience of sources and supplying PPE resources whatsoever.
I vaguely recall a story about an AU minister flogging off QLD water to a company registered in The Cayman Isles. Similarly the NT government allegedly giving, yes giving, a publicly owned farm to a property developer to build houses upon. The list goes on and on.
That's why my company is founded in Estonia. If you are EU citizen, it's a no brainer to get eResidency there (it's not a real tax residence, nor it give you right to vote). This allows to have effective tax rate of 0% for the corporation. Estonian government operates so efficiently and so modern, that in the end I just moved there :P
Some people in governments use their position to their financial advantage so I dont have to pay tax anymore? Seems very superficial and ego centric sorry
Good advice, but gold doesn't do me any good in someone's vault. I prefer to keep it in my hands.