Month: August 2012

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The end of the euro: When will it happen?

August 31, 2012 Rome, Italy My 2-year old nephew in Australia loves getting postcards.  He already associates me with frequent traveling.  I’m referred to as “Tim Hong Kong jet plane.” So before leaving Italy today, after a fantastic week in the Umbrian countryside with our Total Access members, I set out to mail

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On Switzerland and the mafia

August 30, 2012 Zurich, Switzerland A few weeks ago, western governments’ war on productive people took an interesting twist when US immigration authorities detained two teenage children of an asset manager based here in Switzerland. The kids were traveling through the United States by themselves to visit extended family, and they were interrogated for six hours

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Some clear thinking on the debt

August 29, 2012Rome, ItalyIf you haven’t heard yet, the United States of America just hit $16 trillion in debt yesterday. On a gross, nominal basis, this makes the US, by far, the greatest debtor in the history of the world. It took the United States government over 200 years to accumulate its first trillion

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This hidden gem has a booming economy

August 27, 2012 Spoleto, Italy All over the world, no matter how good or bad the economy might be in a certain country, there will always be some cites and regions enjoying above-trend population growth and economic expansion.  If you are looking for new economic opportunities, a simple strategy is to choose such a place and

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Easier said than done

August 24, 2012 Spoleto, Italy If you haven’t heard yet, the committee which is drafting the platform for next week’s US Republican National Convention has announced that they are including a proposal to return to the gold standard. Big news. Ironic… given that it was a Republican president (Richard Nixon) who abolished the gold standard in

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Why you always want physical EVERYTHING…

August 23, 2012 Spoleto, Italy On the way from San Marino yesterday, I had to stop for some gas near Rimini, a beautiful beach town on Italy’s Adriatic coast. As an aside, Italian gas prices are among the highest in Europe… and the world… at €1.77 per liter (almost USD $8.50 per gallon). Naturally, the vast

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This free country should be on your radar…

August 22, 2012 San Marino They call it “The Most Serene Republic of San Marino”. That’s actually the official name. And with good reason… because it’s easily one of the most ideal places on the planet to be. Perched atop limestone cliffs overlooking the Adriatic coastline, San Marino is the oldest surviving sovereign state in the

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Tunisia: Blood in the streets?

August 17, 2012 Carthage, Tunisia Banking tycoon Baron Rothschild is credited with saying that ‘the time to buy is when there’s blood in the streets.’ Rothschild took his own advice, making a fortune buying deeply undervalued assets following Napoleon’s defeat at the Battle of Waterloo. Tunisia’s uprising was some 18-months ago, so it hardly qualifies as blood

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The west has just become a giant banana republic

August 16, 2012 Carthage, Tunisia Wikileaks founder Julian Assange has made an admirable habit of enraging western governments over the last few years, particularly the United States. Most notably, his release of classified diplomatic documents in 2010 proved ruthlessly embarrassing, shining a spotlight on the absurd, petty little world of international relations. Ever since, the US

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Tunisia: revolution is just the beginning

August 15, 2012 Tunis, Tunisia rev-o-lu-tion (n) 1. a forcible overthrow of a government or social order in favor of a new system. 2. the single completion of an orbit or rotation. On the morning of December 17, 2010, Mohamed Bouazizi started his workday like any other. The 26-year old street merchant laid out the day’s

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The assault on freedom is just beginning

August 14, 2012 Somewhere beneath the English Channel I’m writing this letter to you whilst throttling at a high rate of speed somewhere beneath the English Channel en route to Paris. My ultimate destination is actually Tunisia, where I will spend the next few days on the ground checking out how the country has fared since

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The next big trend…

August 13, 2012 Ubud, Bali, Indonesia A sprawling archipelago of more than 14,000 islands, Indonesia is home to some of the most beautiful, exotic, and alluring places in the world. Yet it’s so huge… so diverse, with different languages, cultures, and religions, to even call Indonesia a single country demonstrates how antiquated the traditional concept of geography

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12 things the ultra-productive do with their mornings

Relatively speaking, night owls are a fairly new concept because before advent of the light bulb, nighttime productivity was nearly impossible. Many people today either categorize themselves as early birds or night owls but in a recent study, researchers discovered the powerful advantages of being early to rise. US News reports on how early birds tend to

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Ducat

Why dost thou whet thy knife so earnestly?

August 9, 2012 Oxford, England Oxford is about an hour west of London by train, and if you’ve never been, I highly recommend it. On a per-capita basis, it’s one of the most cultured cities in the world, right up there with Vienna, London, New York, Paris, San Francisco, Chicago, Budapest, and Austin. Walking down Cornmarket

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