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One of the most important elements of a Plan B is to legally reduce your tax rate. Depending on where you live, the government routinely confiscates up to half of your hard-earned income. At best, this money is wasted and squandered— for example, the billions of dollars of military equipment left in Afghanistan,
In the year 1120, a French noble named Hugh of Payns took up residence in a former mosque on the Temple Mount in Jerusalem with his brotherhood of knights. The palace was a gift from King Baldwin II, who ruled the Kingdom of Jerusalem, carved from lands conquered by the Catholics in the
[Editor’s Note: This article was written by Sovereign Man team member Joe Jarvis, who lives in Puerto Rico.] As much as Simon Black and the team here at Sovereign Man tend to beat up on inept governments in this letter, on rare occasions politicians do come up with really great ideas… and actually
The power went out this morning across the city where I live in Puerto Rico. Again. My wife and I have a running joke– and I’m not sure it’s much of a joke– every time the power goes out, one of us asks, “Which mouse farted this time?” because it seems that’s all
By the year 41 BC, just a few years after the assassination of Julius Caesar, Rome was under the strict rule of a three-person dictatorship known as the Tresviri rei publicae constituendae. Historians today refer to this committee as the Triumvirate, and it included a general named Aemilius Lepidus, as well as Gaius
On December 5, 1492, during the first of his voyages in search of India, Christopher Columbus landed on Hispaniola – the island currently shared by the Dominican Republic and Haiti. Upon arrival, he reportedly declared the island “the most beautiful land that human eyes have ever seen.” Another source recounts his exact description
Rome was still in its Golden Age when Claudius Germanicus became Emperor in 41 AD. Despite a disastrous 4-year reign by his predecessor (Caligula), Rome was in good shape; the Army was disciplined, the Treasury had money, the government was functional, and the Empire was largely at peace. No other tribe or kingdom
“When we left Peru in July 2020, the [Lima] airport was shut down. We had to get a special flight – one of only three per week that was repatriating Peruvian citizens from Europe, and, on the other leg, repatriating European citizens from Peru. “We left from a military airport, which was not
If Isaac Newton were alive today, he would almost certainly have over 100 million Twitter followers. He was something like the Elon Musk of his day– a bit controversial, incredibly innovative, and always the topic of conversation. People were obsessed with Newton’s every word and action. When news spread, for example, that Isaac
On Monday March 23rd in the year 1668, just one day after Easter Sunday, a group of commoners in the Poplar neighborhood of East London descended upon a local brothel and practically demolished it. The next day, on Tuesday the 24th, thousands of men moved in large groups all over London tearing down
In the year 1804, only a few months before he proclaimed himself Emperor of France, 35-year old Napoleon Bonaparte stood before the State Council to discuss war with Great Britain. By then Napoleon had already become the most powerful person in France; he had led the Coup d’etat against the previous government in
It’s been nearly 11 years now that Ben Bernanke, who was then Chairman of the Federal Reserve, sat down for a rare TV interview with 60 Minutes back in late 2010. As he sat across from journalist Scott Pelley, Bernanke appeared shaken, but not stirred; he was visibly nervous, but displayed the emotional
In the year 1348, after more than a decade of war with France, Kind Edward III of England noticed that many knights who returned home from the front lines had become completely impoverished. The war had taken a massive financial toll on Edward’s men. Some of them had been captured in battle and
In early 387 AD in the eastern Roman city of Antioch, a local bureaucrat stood outside of the city council chambers to read a new decree that had just arrived from Emperor Theodosius I. As the anxious crowd gathered, the bureaucrat began reading aloud– Just as the crowd had feared, the new decree
Ray Dalio is the founder of one of the largest investment firms in the world and has amassed a personal fortune nearing $20 billion from his business and investment acumen. In short, he understands money and finance in way that most people never will. And it’s for this reason that his latest insights