I have been selling off for most of the year, or dipping in and out where I can see a bargain.
I will probably stop the sell off when I get to 75% and sit tight until brexit is resolved.
Reports over here that the tarriff war is over.
Trump administration considering abandoning tariffs as looming recession threatens to ruin 2020 re-election hopes
Is this the case ? Might look for bargains in the US and Far East if so.
What
Tommy Tainant?
You mean you have spare capital to invest
and you're not putting it into microlending to pay
for Diabetic treatment to save lives of people in need?
Don't tell me you are investing your extra money
into something making you PROFIT while sick people
are dying for lack of funds to cover insulin and treatments!
What kind of cruel capitalist are you?
How could you put personal profits over
saving lives with that money? What???
Our diabetics are taken care of by our NHS system. They dont need handouts like Americans. Which leaves me free to invest my hard earned cash as I see fit.
You can usually get an adult conversation over here as well.
Thanks
Tommy Tainant
Perhaps the equivalent argument in America
is we already have nonprofits that can provide cost effective
health care to help those in need.
And this allows donors, investors and nonprofit volunteers and leaders the FREEDOM to choose which causes they want to support through
the programs that work best and have the best reputations.
Many of these nonprofits do better work than the Government could
because they can make more autonomous decisions as needed.
Some of the nonprofits I promote as models the Govt should replicate, and keep them autonomous where they are funded by tax deductible contributions (that I would raise to 100% deductible if the nonprofits provide services at cost or close to it within 5-10% overhead at most):
* Doctors Without Borders
* AmeriCares
* St. Judes Children's Hospitals
* Patient/Physician Cooperative
And other nonprofits that allow contributors to invest in building programs, facilities and community development by FREE CHOICE instead of relying on govt mandates or bureaucracy:
* Grameen Foundation and Grameen Bank
* PACE Universal
* Habitat for Humanity and
any other local nonprofit that democratizes and empowers
communities instead of relying on govt and party politics
For extreme/catastrophic and emergency situations, especially national epidemic threats, of course people generally agree to set up federal programs to help on that level
Tommy Tainant
But with 50 states with diverse populations that govern themselves,
similar to independent nations, it doesn't make sense to try to manage
all that under one federal system for all the individual choices and needs. It makes more sense to LOCALIZE the management of health care services and facilities by DISTRICT and STATE (which might be closer to the equivalent of what you are citing).
What size population are you talking about
Tommy Tainant?
And which state of the US would be the equivalent in size
and demographics, including populations and geographic area?
That's the more fair and accurate way to make a comparison.
Not comparing a smaller country to the entire US that is 50 states combined which all have their own localized democratic systems.