I will probably be disappointed yet again but pulling for this outcome is an amusing hobby.

I have a couple of rookie questions for you Mr. Black or any of the other great readers of this site. I am a US citizen and will be earning my money in Korea. If I buy gold at goldmoney.com or invest with euro pac from an Asian bank account will Uncle Sam make me pay taxes? What if I pay with my US account?

Will I have to file taxes in the states next year even though I will not be earning income there? Does putting money in my US account or keeping it in a bank like the Hong Kong one you recommended change this?

Like I said I am a total rookie but am eager to learn. Also are there any other tips for someone just starting out on the path to financial freedom? Thanks in advance of any replys.

You write about relevant and interesting topics for our time. I have property in Panama and am a friend of Bobby O’Neill. I am at my father’s house in Phuket until the 15th. He got out 20 years ago. How about lunch if you make it down here?
All the best.
Thank You Kindly for you info and voice,
Tomie O’Neil

Plus,they will increase serious health issues.
communist china streamlined traditional chinese medicine,to provide healthcare for it’s popluation effectively,combingin it with western medicine for severe emergencies. (TCM is streamlined in that all the lineages were absorbed into one system of set points and protocols,and herbal medicine was incorporated through set texts-although the historical canon of medical literature from china was extensive to begin with—but they streamlined it.) Anyway,it provides a very cost effective and effective overall means of healthcare,in the process preventing severe health concerns from developing(preventative).
OF course,environmental issues will increase health concerns,and raise the costs of caring for people beyond the nominal fees for acupuncture,herbs and self-care. As well,displacing hundreds of thousands of people to build a dam,for example,creates health issues by proxy-people’s traditional ways of life and community structure breakdown,and negative health consequences arise.

Add to that the aforementioned consumer mindset,and many traditionally healthy ways will be eschewed in favor of fast and modern,and foreign/exotic.

I have actually said the same thing-china is creating a similar culture to the US,as far as mindless consumers who are not educated per se (the direction the US finds itself moving in)….where is the innovation and creativity needed to create new industries for china? And,if they are shifting their dependence upon foreign [us] consumers in favor of internal consumption,when they become a country of a billion walmart shoppers with a smidgeon of macy’s and bloomingdale’s…what strength is their economy,then?

The political instability is even more of a concern b/c people are not educated to be part of any kind of thinking,interactive process,for the most part. Jumping from agrarian/no running water to industrial in a very short span of time creates problems in itself. Add to that only a blind sense of patriotism,and how can anyone speculate that china will be a superpower when we see this kind of problem taking the US out of superpower status?

meh.
china will be a major player,but not enough for everyone to run out and learn mandarin just yet. IMO.
of course,for those interested in the language and culture,it’s fantastic. my son has been interested in china and saying he loves the culture and wants to learn chinese,since he was 3 yrs old. very cool for him.

I personally think the future will be more diversified in terms of power players;not just regionally,but different countries will hold power for differnent reasons. so really,depends on what one’s main interests are in life.

Glad Simon brought up the points about China;we get told enough times by the media that ‘china’s the wave of the future’—and people assume it’s a fact. Time will tell.