Personally I'm not surprised about this at all, countries want to know everything that their people are doing and they want to have as much information as possible, even though it is not really worth it and the information is useless for a majority of countries.
They always want to know where your money has gone and to who and where everything moves, and this means that they can stop or go after anyone that doesn't fit their worldview or what they want you to do. It really is economic totalitarianism.
Topic: Economic Totalitarianism - page 13. (Read 345711 times)
Singapore is actually a pretty cool place to be honest, they have a lot of stuff and they're pretty advanced relative to a lot of the other countries in the general area, and they have a good economy last I heard of. I agree with all of your points about the property in Singapore though, especially looking at some of the negatives. The 15% tax won't be harsh on the market in a year or two though, and there should be less downward movement with the value of the property soon.
There should be some cool things that'll happen with the Singapore economy soon, and I'll be looking at it more over the next few months.
Singapore is a richer nation then the United Kingdom apparently which I dont think any other former colony has managed to do. Problem is its too small, just a city state so not likely to take over a grand influence on world trade from the west. If its just participating and profiting not governing then its still following the UK and USA despite being more successful. UK cut its rates further today after leaving them already near zero for 7 years and will increase its QE program, neither move is a sign of success. Its unfortunate the world economy is still caught focusing on failed measures then whatever has worked for Singapore or similar growing countriesThere should be some cool things that'll happen with the Singapore economy soon, and I'll be looking at it more over the next few months.
https://en.wikipedia.org/wiki/Four_Asian_Tigers
https://www.quora.com/Why-do-the-former-colonies-of-Britain-tend-to-be-wealthier-overall-than-the-former-colonies-of-France-the-Netherlands-Spain-or-Portugal
Haha I'm a man of few words 
http://www.bloomberg.com/news/articles/2016-08-02/the-humbling-of-american-tech-giants-in-china
http://www.bloomberg.com/news/articles/2016-08-02/the-humbling-of-american-tech-giants-in-china
Check out his reply to me in the comments! 82 year old man:
https://steemit.com/irs/@ericwhoru/how-to-beat-the-irs
Hope to meet this man someday.
Lol. You do a lot with the minimum verbiage.
commiesincollectivedragwetrust
https://steemit.com/irs/@ericwhoru/how-to-beat-the-irs
Hope to meet this man someday.
commiefornia
Lol. You do a lot with the minimum verbiage.
while the lumpenproletariat cheer
commiesincollectivedragwetrust
Singapore is actually a pretty cool place to be honest, they have a lot of stuff and they're pretty advanced relative to a lot of the other countries in the general area, and they have a good economy last I heard of. I agree with all of your points about the property in Singapore though, especially looking at some of the negatives. The 15% tax won't be harsh on the market in a year or two though, and there should be less downward movement with the value of the property soon.
There should be some cool things that'll happen with the Singapore economy soon, and I'll be looking at it more over the next few months.
There should be some cool things that'll happen with the Singapore economy soon, and I'll be looking at it more over the next few months.
Interesting article on coindesk today talking about how Singapore is setting itself up to be at the forefront of blockchain developments.
http://www.coindesk.com/singapore-central-bank-blockchain-ceos/
http://www.breitbart.com/california/2016/08/06/9000-companies-left-california-since-2008/
9000 companies have fled commiefornia since 2008
9000 companies have fled commiefornia since 2008
Singapore is actually a pretty cool place to be honest, they have a lot of stuff and they're pretty advanced relative to a lot of the other countries in the general area, and they have a good economy last I heard of. I agree with all of your points about the property in Singapore though, especially looking at some of the negatives. The 15% tax won't be harsh on the market in a year or two though, and there should be less downward movement with the value of the property soon.
There should be some cool things that'll happen with the Singapore economy soon, and I'll be looking at it more over the next few months.
There should be some cool things that'll happen with the Singapore economy soon, and I'll be looking at it more over the next few months.
Interesting article on coindesk today talking about how Singapore is setting itself up to be at the forefront of blockchain developments.
http://www.coindesk.com/singapore-central-bank-blockchain-ceos/
Singapore is actually a pretty cool place to be honest, they have a lot of stuff and they're pretty advanced relative to a lot of the other countries in the general area, and they have a good economy last I heard of. I agree with all of your points about the property in Singapore though, especially looking at some of the negatives. The 15% tax won't be harsh on the market in a year or two though, and there should be less downward movement with the value of the property soon.
There should be some cool things that'll happen with the Singapore economy soon, and I'll be looking at it more over the next few months.
Singapore is a richer nation then the United Kingdom apparently which I dont think any other former colony has managed to do. Problem is its too small, just a city state so not likely to take over a grand influence on world trade from the west. If its just participating and profiting not governing then its still following the UK and USA despite being more successful. UK cut its rates further today after leaving them already near zero for 7 years and will increase its QE program, neither move is a sign of success. Its unfortunate the world economy is still caught focusing on failed measures then whatever has worked for Singapore or similar growing countriesThere should be some cool things that'll happen with the Singapore economy soon, and I'll be looking at it more over the next few months.
https://en.wikipedia.org/wiki/Four_Asian_Tigers
https://www.quora.com/Why-do-the-former-colonies-of-Britain-tend-to-be-wealthier-overall-than-the-former-colonies-of-France-the-Netherlands-Spain-or-Portugal
"Is the EU Building a Database of Digital Currency Users?"
http://www.coindesk.com/europe-build-database-digital-currency-users/
http://www.coindesk.com/europe-build-database-digital-currency-users/
Hellary accidentally tells the truth while the lumpenproletariat cheer enthusiastically : https://twitter.com/SeanKD/status/760605882065485824
If you are from the USA, Switzerland, Liechtenstein, Norway, or Iceland one interesting option is parking money in Singapore real estate. Singapore has taken great pains to keep foreigners out of its property market. They have been trying to keep speculators from driving up the costs of property.
To cool investment Singapore has imposed a flat 15% tax on all foreigners who buy property in Singapore. Individuals not native to Singapore essentially have to pay an extra 15% to buy property. However, if you are from USA, Switzerland, Liechtenstein, Norway, or Iceland you are immune to this 15% tax due to old free trade agreements that these countries signed with Singapore.
Essentially individuals from those countries can buy for the same price as a native. My understanding is that the banks in Singapore will let you take out a mortgage in US dollars if you earn income in USD but you have to have 30% down. Note that I have not actually done this so I can not guarantee this last point.
Advantages of Singapore Property:
1) Singapore has no capital gains tax
2) Singapore has low property taxes (home unlikely to become giant leaching device)
3) Singapore tax on rental income is only 20%
4) A mortgage in dollars on a home in Singapore is a nice hedge against dollar decline
5) Its one of the most desirable areas to own property in the world and likely to become more so in the future
6) Plan B property if that becomes needed
Disadvantages of Singapore Properly:
1) US dollar is currently on a short term upward trajectory (so now might be early)
2) Singapore property is in an artificial downward trajectory triggered by the 15% tax (so now might be early)
3) Singapore has subsidized public housing for natives which will suppress rental income
To cool investment Singapore has imposed a flat 15% tax on all foreigners who buy property in Singapore. Individuals not native to Singapore essentially have to pay an extra 15% to buy property. However, if you are from USA, Switzerland, Liechtenstein, Norway, or Iceland you are immune to this 15% tax due to old free trade agreements that these countries signed with Singapore.
Essentially individuals from those countries can buy for the same price as a native. My understanding is that the banks in Singapore will let you take out a mortgage in US dollars if you earn income in USD but you have to have 30% down. Note that I have not actually done this so I can not guarantee this last point.
Advantages of Singapore Property:
1) Singapore has no capital gains tax
2) Singapore has low property taxes (home unlikely to become giant leaching device)
3) Singapore tax on rental income is only 20%
4) A mortgage in dollars on a home in Singapore is a nice hedge against dollar decline
5) Its one of the most desirable areas to own property in the world and likely to become more so in the future
6) Plan B property if that becomes needed
Disadvantages of Singapore Properly:
1) US dollar is currently on a short term upward trajectory (so now might be early)
2) Singapore property is in an artificial downward trajectory triggered by the 15% tax (so now might be early)
3) Singapore has subsidized public housing for natives which will suppress rental income
I always believe that Singapore is a worthwhile place to invest
There should be some cool things that'll happen with the Singapore economy soon, and I'll be looking at it more over the next few months.
If you are from the USA, Switzerland, Liechtenstein, Norway, or Iceland one interesting option is parking money in Singapore real estate. Singapore has taken great pains to keep foreigners out of its property market. They have been trying to keep speculators from driving up the costs of property.
To cool investment Singapore has imposed a flat 15% tax on all foreigners who buy property in Singapore. Individuals not native to Singapore essentially have to pay an extra 15% to buy property. However, if you are from USA, Switzerland, Liechtenstein, Norway, or Iceland you are immune to this 15% tax due to old free trade agreements that these countries signed with Singapore.
Essentially individuals from those countries can buy for the same price as a native. My understanding is that the banks in Singapore will let you take out a mortgage in US dollars if you earn income in USD but you have to have 30% down. Note that I have not actually done this so I can not guarantee this last point.
Advantages of Singapore Property:
1) Singapore has no capital gains tax
2) Singapore has low property taxes (home unlikely to become giant leaching device)
3) Singapore tax on rental income is only 20%
4) A mortgage in dollars on a home in Singapore is a nice hedge against dollar decline
5) Its one of the most desirable areas to own property in the world and likely to become more so in the future
6) Plan B property if that becomes needed
Disadvantages of Singapore Properly:
1) US dollar is currently on a short term upward trajectory (so now might be early)
2) Singapore property is in an artificial downward trajectory triggered by the 15% tax (so now might be early)
3) Singapore has subsidized public housing for natives which will suppress rental income
To cool investment Singapore has imposed a flat 15% tax on all foreigners who buy property in Singapore. Individuals not native to Singapore essentially have to pay an extra 15% to buy property. However, if you are from USA, Switzerland, Liechtenstein, Norway, or Iceland you are immune to this 15% tax due to old free trade agreements that these countries signed with Singapore.
Essentially individuals from those countries can buy for the same price as a native. My understanding is that the banks in Singapore will let you take out a mortgage in US dollars if you earn income in USD but you have to have 30% down. Note that I have not actually done this so I can not guarantee this last point.
Advantages of Singapore Property:
1) Singapore has no capital gains tax
2) Singapore has low property taxes (home unlikely to become giant leaching device)
3) Singapore tax on rental income is only 20%
4) A mortgage in dollars on a home in Singapore is a nice hedge against dollar decline
5) Its one of the most desirable areas to own property in the world and likely to become more so in the future
6) Plan B property if that becomes needed
Disadvantages of Singapore Properly:
1) US dollar is currently on a short term upward trajectory (so now might be early)
2) Singapore property is in an artificial downward trajectory triggered by the 15% tax (so now might be early)
3) Singapore has subsidized public housing for natives which will suppress rental income
I always believe that Singapore is a worthwhile place to invest
trollerc
That was a great story, thanks for posting it!
Peru's spy service has always been pretty good (effective), they have been at it for a long time. Our business down there once suffered a night-time robbery (burglary). We lost something like $3000 in product and had to pay for some damage and additional locks and security (alarm). I flew down when I heard about. Of course the perps were never caught, but we have an idea who at least some were.
A few days later, when I was at the airport going through security, the official caught my name on my passport and mentioned the crime...
Peru is one of those places where it just is not smart to fuck with their .gov.
SDRs are nearly here
http://www.zerohedge.com/news/2016-08-01/china-moves-forward-sdr-issuance-august
http://www.zerohedge.com/news/2016-08-01/china-moves-forward-sdr-issuance-august
Quote
When Bloomberg reported late last year that China founded a working group to explore the use of the supranational Special Drawing Rights (SDR) currency, nobody took heed.
Now in August of 2016, we are very close to the first SDR issuance of the private sector since the 1980s...
In July and a Chinese central bank official confirmed an international development organization would soon issue SDR bonds in China, according to Chinese media Caixin.
Now in August of 2016, we are very close to the first SDR issuance of the private sector since the 1980s...
In July and a Chinese central bank official confirmed an international development organization would soon issue SDR bonds in China, according to Chinese media Caixin.
Yeah they nibble away at your freedoms over decades like the disgusting rats they are, Fabian socialists are entrenched in Australian politics on both sides, they don't even try to hide it anymore.
...
Not really ECONOMIC totailtarianism, but still...
$hillary does not have to try a naked gun-grab to effectively ban guns:
http://www.zerohedge.com/news/2016-07-29/hillary-promises-im-not-here-take-away-your-guns
The Daily Bell (and repliers) tell us how she will do it... It's the results, not the camoflage. The Left has lots pf patience.
Not really ECONOMIC totailtarianism, but still...
$hillary does not have to try a naked gun-grab to effectively ban guns:
http://www.zerohedge.com/news/2016-07-29/hillary-promises-im-not-here-take-away-your-guns
The Daily Bell (and repliers) tell us how she will do it... It's the results, not the camoflage. The Left has lots pf patience.
On the future with blockchains:
I'll respond to this in the future. For now I will just say I am confident I can convince you that it is absolutely necessary (but not immediately on signup as that would make a horrific attrition rate).
Without video KYC, there is no way to stop the identity theft and copyright infringement issues, because there is no way to hold anyone responsible for what they post.
Even if we attain a decentralized, permissionless blockchain, if we have no way to identify posters of content, then it can become illegal to host a full blockchain node because those infringed have to deal with Whac-A-Mole against innumerable Sybils and will instead be forced to petition the government for a complete ban of the blockchain protocol. We have to be able to move the enforcement out to the ends where individual posters can be sued. Once we can identify posters with their national identification (666) number then the government can just eventually turn off their number so they can't post to the Internet any more. I don't really like where this is headed, but I don't see any way around it, the Bible appears to be correct. My hope is that with KYC, the community can develop a self-policing system to blacklist certain repeat offenders (after much careful deliberation), so that it doesn't fall into the lap of the government and 666 number.
Additionally with out video KYC, there is no way to prevent whales from splitting their voting power to avoid any attempt to improve the otherwise what appears to be the insolubly broken voting algorithm.
It's up to the voter to determine if they are sufficiently convinced and if their upvote should be given.
KYC? Video verification? No need for all these.
KYC? Video verification? No need for all these.
I'll respond to this in the future. For now I will just say I am confident I can convince you that it is absolutely necessary (but not immediately on signup as that would make a horrific attrition rate).
Without video KYC, there is no way to stop the identity theft and copyright infringement issues, because there is no way to hold anyone responsible for what they post.
Even if we attain a decentralized, permissionless blockchain, if we have no way to identify posters of content, then it can become illegal to host a full blockchain node because those infringed have to deal with Whac-A-Mole against innumerable Sybils and will instead be forced to petition the government for a complete ban of the blockchain protocol. We have to be able to move the enforcement out to the ends where individual posters can be sued. Once we can identify posters with their national identification (666) number then the government can just eventually turn off their number so they can't post to the Internet any more. I don't really like where this is headed, but I don't see any way around it, the Bible appears to be correct. My hope is that with KYC, the community can develop a self-policing system to blacklist certain repeat offenders (after much careful deliberation), so that it doesn't fall into the lap of the government and 666 number.
Additionally with out video KYC, there is no way to prevent whales from splitting their voting power to avoid any attempt to improve the otherwise what appears to be the insolubly broken voting algorithm.
your average person is a drone
Nothing wrong with being a drone if you ask me
Exactly what do you have more compared to these drones? Doesn't it always boil down to personal choice/preference? If you are happy being a non-drone and they are are happy being drones, wouldn't you say that you're both in tune with your respective natural states? The problem is that everyone thinks they know what's best for everyone else. One can only ever truly speak for oneself.
Emphasis mine in your remark.
Banzai, nicely written. That is almost a concise definition of totalitarianism right there: someone who thinks (and insists on) that they speak for others, at the point of a gun.
* * *
Perhaps being a drone is not too bad if you get to service the Queen...
your average person is a drone
Nothing wrong with being a drone if you ask me
Exactly what do you have more compared to these drones? Doesn't it always boil down to personal choice/preference? If you are happy being a non-drone and they are are happy being drones, wouldn't you say that you're both in tune with your respective natural states? The problem is that everyone thinks they know what's best for everyone else. One can only ever truly speak for oneself.
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