Last week, we introduced you to Ed Marsh, an US-based business diversification expert. I was impressed with his knowledge of the topic and have asked him to share some more of his insights with our readership. As we’ve talked about before, income is one of the three elements of The IM Triangle, a model we developed that, when put into action, can bring you all the benefits internationalization has to offer.
Jeff Thomas addresses an important topic and a constant source of argument within economic circles – whether we’re heading into an overall deflation or inflation scenario. And if inflation, whether it will take on a “hyper” aspect to it as occurred in the German Weimar Republic of the ’20s, and more recently Yugoslavia in the ’90s or Zimbabwe of the past few years. So, could the US face a hyperinflation scenario? Let’s take a look.
It should come as no surprise to our longer-term readers that International Man exists for two main reasons: 1) Living life as an International Man – treating the world as one big playground that offers virtually unlimited opportunities to achieve whatever you want. 2) Financial, personal and income diversification to limit jurisdictional risk. It’s into this second category that today’s feature article falls.
I think it’s safe to say that the great majority of people in many First World nations are now more aware than ever that there is something truly wrong with their country, and with their economy, than they have ever experienced before. They seem to agree that the near-term future will not be better but worse than it is now.
We received an e-mail from an IM reader a few days ago regarding our recently published article by Doug Casey entitled, Money – How to Get and Keep It. The letter states: Doug says, “You could airdrop me naked and penniless into the heart of the Congo, and by the time I emerged, I’d not just have survived, I’d come out wealthy.”
No one could doubt that we are living in difficult times, or that the economic, political and social conditions we are experiencing are unprecedented in our lifetimes. Where, then, do we turn for guidance? Well, as luck would have it, history is rich with fine people who have gone before us.
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