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Edward Snowden: “They’ve said they won’t torture me…”

Edward Snowden: “They’ve said they won’t torture me…”

Just in case anyone still foolishly believes that there’s a shred of decency left in the ‘justice’ system in the Land of the Free, I would humbly present exhibit A: Edward Snowden. In a recent interview with the BBC, Edward Snowden disclosed that he has offered numerous times to the US government to

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Here’s what $66 gets you in Medellin

Here’s what $66 gets you in Medellin

Last night after a flurry of legal meetings and property tours throughout the day, I had drinks with a Canadian real estate developer who set up shop here in Medellin a few years ago. He told me a great story about his family background– he comes from a long line of real estate

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This place may end up as one of the most exciting economies in the world

This place may end up as one of the most exciting economies in the world

Roughly 100 kilometers outside of Medellin, Colombia’s second largest city, is a veritable paradise. I spent an incredible weekend with some friends there, high up in the Andes riding horseback and exploring the quaint coffee villages of Colombia’s beautiful highlands. It was amazing. The weather is just perfect. The high altitude at about

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Donald Trump’s tax plan is supported by 7 decades of hard data

Donald Trump’s tax plan is supported by 7 decades of hard data

Yesterday the leading presidential candidate in the Land of the Free released his tax plan in the Wall Street Journal. And the Donald certainly did not disappoint his supporters. His tax plan is bold, aiming to drastically simplify the tax code and reduce the number of individual income tax brackets down to four.

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What it means when gold sells at a NEGATIVE price…

What it means when gold sells at a NEGATIVE price…

Nearly four months ago on June 2nd, something very unusual happened in Edmonton, Alberta, Canada. The price of propane actually became negative, hitting an unbelievable -0.625 cents per gallon. It’s hard to believe that the price of a productive commodity could become so beat down by the market that producers would practically have

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Thomas Jefferson’s prescient warning on the debt ceiling crisis

Thomas Jefferson’s prescient warning on the debt ceiling crisis

On May 28, 1816, Thomas Jefferson penned a letter to his friend John Taylor deeply criticizing the use of debt to fund a government’s excessive operations: “[T]he principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale,” Public debt is a

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Dollar-Ben-Franklin

I’ve finally calculated the value of a dollar

September 25, 2015 Sovereign Valley Farm, Chile A few days ago a young entrepreneur came to me with her big idea for a business. This happens a lot, sometimes even 3-4 times per week. And while our selection rate is very low, I pay attention to each and every pitch in our effort

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How does your country treat hard working people?

How does your country treat hard working people?

September 22, 2015 Victoria, Chile About ten days ago, I had the pleasure of going through final procedures to obtain my permanent residency permit here in Chile. Sitting in the waiting lounge of the Civil Registry office in downtown Santiago, I found myself struck by the mix of people. Many of them were

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Dollar-Ben-Franklin

The US government is out of options. You’re not.

September 16, 2015 Sovereign Valley Farm, Chile Six months ago, on March 16, 2015, the government of the United States of America once again reached its statutory debt limit. In other words, the Land of the Free had maxed out its credit card and was legally barred from borrowing a penny more. That’s

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The global financial system is now resting on a margin of 1.3%

The global financial system is now resting on a margin of 1.3%

September 15, 2015 Cauquenes, Chile Seven years ago on September 15, 2008, one of the oldest investment banks in America filed for bankruptcy. Lehman Brothers had been started a family of German entrepreneurs who had recently emigrated to the United States in the mid-1800s. They started as just a simple general store in

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The last time this happened was… never.

The last time this happened was… never.

September 14, 2015 Sovereign Valley Farm, Chile Every few centuries a new technology is invented and adopted that fundamentally changes everything about how a society is structured and organized. The Agricultural Revolution allowed early humankind to stop being nomadic hunters and establish the roots of civilization in a single location. The invention of

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My own terrible experience with simultaneous deflation AND inflation

My own terrible experience with simultaneous deflation AND inflation

September 10, 2015 Santiago, Chile Yesterday was a pretty big day. First (and perhaps most importantly) my post-Italy no carb detox came to an end. Hooray for that. Second, I signed the papers and closed on a new apartment here in Santiago. It’s a great time to be buying in Chile for anyone

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This only happens about once in a decade…

This only happens about once in a decade…

September 8, 2015 Sovereign Valley Farm, Chile By late 2002, the national currency of Brazil (known as the “real”) was practically in free fall. In barely six weeks the real had lost nearly a quarter of its value, and in mid-October 2002, the real hit its weakest level in history at 4 per

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Here’s what happens when you stop paying taxes [VIDEO]

Here’s what happens when you stop paying taxes [VIDEO]

On June 3, 2010 Joe’s life changed forever when he stepped on an IED in Afghanistan. As a grunt Soldier deployed with the 82nd Airborne, Joe became one of the all too many people to lose a limb and nearly his life fighting in a pointless conflict. I told you a little about

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Dollar-in-the-air

No Inflation Friday: The government admits its own statistics are phony

September 4, 2015 Dubrovnik, Croatia In an article that first appeared in Fortune magazine on December 10, 2001, Warren Buffett penned a great letter about falling prices: “When hamburgers go down in price, we sing the ‘Hallelujah Chorus’ in the Buffett household. When hamburgers go up in price, we weep. For most people,

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