Geopolitical Economy Report
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Dr. Kirk Elliott is an economist, entrepreneur, philanthropist. and founder of the wealth management company Sovereign Advisors. He also serves as
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Vitamina Sociale è un canale in cui la fa da padrone la Sharing Economy che ha cambiato anche in Italia il mondo economico con idee innovative creando una community di oltre 70.000 famiglie, professionisti, associazioni, piccole e medie imprese fornendo loro uno strumento economico duttile e potente per affrontare il difficile momento economico che stiamo attaversando. Ma Vitamina Sociale è anche un FORMAT di interviste che raccoglie testimonianze di Donne e Uomini che stanno cambiando il mondo intorno a loro con alte frequenze, trasferendo cultura e professionalità e trasmettendo positività e amore per la Libertà e il Libero Pensiero, l'Arte, la Cultura e l'amore per la propria professione.
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But why? Do Democratic voters — especially those living in cities or states run by Democrats — ever ask themselves why their political leaders do such an awful job? They do not learn from history. Case in point: Democrats are actively pushing socialism (COMMUNISM), despite the abject failure of statist regimes. No matter how many countries’ economies have struggled or collapsed under communism and socialism, we have Democrats claiming, “It will be different this time.” No, it won’t. They have no sense of economics. Democrats act like they can tax limitlessly. They ignore proof that the money can and does run out. Furthermore, the financial projections for their pet projects are always wrong. Yes, always. And by a huge margin. Medicare. Medicaid. Social Security or Disgrace and Disgusting failure Obamacare. They do not understand business, and they demonize all business as “big business” (as if “big business” is, in and of itself, a bad thing). But most business in the United States is small business. There are about 29 million small firms in the U.S., and about 23 million of those firms have no employees, only owners. Of the remaining 5 million or so that do have employees, 80% employ fewer than 20 people! And most companies — even those that are incorporated — are family-owned or family-controlled. This kind of ignorance matters, not only because we depend upon business for products and services and employment and tax revenues but also because it is wrong to try to turn Americans against their fellow citizens for personal political advantage. They tackle minute issues and leave major problems unaddressed. California can ban plastic straws but cannot seem to do anything about the urine, feces, vomit and used needles on its sidewalks and streets. Their sense of compassion is skewed. Mentally ill and drug-addicted people belong in treatment facilities. But we eliminated mental health facilities because involuntary commitment was deemed uncompassionate. Now cities like Los Angeles and San Francisco have tens of thousands of people living on the streets, where disease and crime are rampant. This is not compassion. The same can be said of Democrats’ push for welfare policies, which growing numbers of black leaders acknowledge have devastated the black family, creating generational poverty, drug use, educational failure and massive incarceration of black men. At what point are Democrats held accountable for the failures of these and other policies? Politicians of all political parties can be stupid, venal and crooked. But as long as the government remains limited and most Americans are free to run their own lives, the impact of political stupidity and corruption can be marginalized. The problem with today’s Democrats is not only that their preferred policies are wrong-headed; it’s that they want more and more control over every aspect of our lives. The more control politicians have, the more their selfishness, stupidity, ignorance and corruption will cripple us. Do not using a little common sense.
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Analyze. Invest. Prosper. At Rizen Economics, we deliver incisive economic insights every week. Delve into market trends, financial analyses, global economies, and investment strategies. Equip yourself for the financial journey ahead and navigate the world of economics with us.
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