The Unique Property
Site Blog
Where Can We Go to be Safe?
You can watch this talk on YouTube:
https://youtu.be/WCSXRFdNxeM
Back in the eighties I used to trade with Fred Stafford, usually
known as Mister Gann. He and his son Gary were an interesting
pair, and had not only a great trading system but a fund of
great stories. Fred once told us that he had a client who tried
to forecast rainfall using Gann theory.
You do meet some intriguing guys when trading.
One of the things Fred reminded us was that roughly every 500
years the pendulum swings from east to west and back. He took
the view that the pendulum was starting to swing east, and the
east was going to overtake the west in the near future.
Those who follow my thoughts will know that I am always keen to
note the flavour of the year, or decade, and ride that. One
thing that strikes me very forcefully is that what we call The
West is sinking. It's not the place to invest in, and I wonder
these days if it is the place to live. Let me explain.
The West started to rise about 500 years ago, and thrived for
the next few centuries on free market economies.
Every so often someone decided that there was too much
difference between rich and poor, and a form of socialism was
introduced. I notice that every time that happened things went
downhill. Russia undoubtedly needed change, but the benefits
were limited, and the social experiment failed after 70 years.
We all know what happens when you get a top-down system.
Everyone loses except those right at the top.
In the USA one of the top cats in what is supposedly a socialist
system has stocks worth north of $140 million. And the Biden
family is worth close to a billion. And what have any of them
done to benefit anyone else? At least Bezos and Musk are making
and selling some useful things. What sticks in my throat is
those who make loads of money and fail to benefit anyone else,
and that always includes the top politicians.
High profile top-down societies at the moment are China,
Zimbabwe, Venezuela, Cuba. Not exactly a great advertisement for
socialist top-down societies. Anyone fancy moving to any of
those countries? If not, why espouse their systems, and want to
join the disaster?
The elite will do well under any system, but what about the
rest?
I have to admit I dont give a damn what happens to morons, and
there are a heck of a lot of them about, but I am not a moron,
and rather a lot of us aren't, but we are currently ruled by
morons. The sheer amount of outright cheating, lying, and open
fixing of data I find incredible. I find it even more incredible
that so many idiots believe the lies despite the fact that they
are obvious, and have no relation either to common sense or
science.
I want to live in a society where I am well treated, where I
dont expect to be a burden to others, and where, if I dont do
harm, I am left to my own devices. Increasingly that set of
criteria is not evident in any of the major western blocs. The
USA is fast becoming a no-go zone, and is Canada far behind? The
EU has been a fascist bloc with increasingly control-freak
tendencies this century, so what does this mean?
My own view has been for the last five or six years that most of
Europe and all of North America are rapidly becoming places
where it is increasingly silly to live.
In North America last year it was common for hospital doctors to
falsify death certificates to show that people who died of
pretty well anything, really died of covid-19. The reason for
this was simple. The government gave you a grant to cover such
deaths. Who cares what's on the death certificate? Let's have
the money. Now people are being offered $9,000 to have death
certificates changed to covid-19. Why not? It's free money. And
no-one bothers to hide this fraud. Yet people still believe the
flu is dangerous. If it really was dangerous, why the need to
falsify the figures?
That's bad enough, but what comes next?
Maybe the vote of property confiscation proposed in Germany has
slipped your notice.
Next month the German government votes on a proposal to break up
property companies because they are controlling the rental
figures. Are you invested in such a company to provide for your
pension? If so, sell up right now. Property owning companies are
about to be destroyed. First in Germany, and then, presumably,
all across Europe.
I assume that if a company only owns one property that will be
exempt, but any more and that company will be at risk of being
taken over by the government.
Once property rights are no longer sacred, nothing is. Real
estate is called real for a reason. Take that reality away and
what does any value rest upon? That's the first thing a
communist state does, take away your right to own land. Ever
come across a communist state that survived for more than a
century, or made living conditions better for its people? I
refer you to the list above. I bet not a single reader would
want to move to any of those places. So why would anyone with
half a brain espouse those principles?
The most damage is now being done to the middle classes. In
medieval times there was no middle class. There were the local
lords, and the serfs. If you were in the top class you had
money, but to keep it you had to keep going to war. If you were
in the underclass you had nothing.
The great thing about a modern society is that the top class is
still relatively small, and so is the bottom class, but the
middle classes should be taking up between 80% and 90% of the
population. Currently the middle class is growing in most
eastern countries, but it is being decimated in the west.
Things are pretty disastrous in North America. In the USA the
middle classes are earning less now, adjusted for inflation,
than they were in 1970.
Now look at Greece, Italy, Spain. In terms of employment and
wage purchasing power all those countries are in serious
trouble. The trouble is, rather a lot of other countries are not
far behind.
And then there is Germany. The country has been rumbling along
barely out of recession for some time now, and wages aren't
going anywhere there either, hence the sudden attack on rents
and rental companies. If all was well in Germany this attack
would not be happening.
I think it's time to Go East, Young man!
Unfortunately, there's a bit of a problem? Whereabouts would be
the best place to go?