Does Socialism works ?
Absolutely NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO !
I love this article, I love the person who writes it. You don’t have to agree with me but read it with your logic cap on !
Sweden: “The Highest Standard of Living Anywhere”
The beautiful nation of Sweden has the highest standard of living in the world. It’s blossoming industry and ranks far higher than the United States in most measurements. Life in Socialist Sweden is free of homeless, reckless, crazy people and full of well adjusted churchgoing citizens. In spite of the 55% income tax, Sweden has a history of strong family values, the most progressive education system in the world and extremely low unemployment.Sweden boasts a new Third Way between Capitalism and Socialism, making it a great example of new age Collectivism. It’s superior unionization and strong economy will ensure that it will be a Socialistic success story for years to come.
If you say Sweden, I say “Socialism WORKS!”
But does it really work?
Vote “NO” to Hilary Clinton “Free Health Care” after you read this article.
SocialismWORKS ! Ya, right !
I met a Swedish guy who married a girl from Miri, he boast about Sweden free health care and how nice his country is . I asked him why was he not taking his pride home to Sweden but had to ‘cari makan’ : find a living in Malaysia. He said it’s too expensive to live in Sweden. He said at least for an expatriate, it is easy for him to find work in Singapore.
Jamy,
The link didn’t work for me.
From what I understand in your comment on my blog, one requirement to have good retirement life in a capitalist country is to know how to invest. As far as I know, investment involves risk and you might eventually lost your retirement fund, right? Another thing, do you think everybody knows how to invest and eventually master in it? I look at my parents and I don’t think they would know to to invest in the stock market or gold investment like you said. So how do these people gain their retirement fund?
BE,
I think the site is down. This is the url for the site: http://www.namyth.com/
From there, you can read the Sweden story.
Yes, that is definitely right : “one requirement to have good retirement life in a capitalist country is to know how to invest”
I think these are the keys :
1.Work hard
2.Save (live below your mean)
3. Invest .
No, investment is not risky , it is when you do not invest, then it is risky. “As far as I know, investment involves risk and you might eventually lost your retirement fund, right?”
One should start invest when one is young. Risk appetite goes with age.
When you are young, your portfolio should consist more % on more risky portfolio, However as you grow older, you want to modify your portfolio in relation to your lifestyle. Risk management is part of investment strategy.
Frank Holmes in San Antonio , Texas has a very good web sites about investment :
http://www.usfunds.com/main_intro.asp
I laughed when I read this : “Another thing, do you think everybody knows how to invest and eventually master in it? ”
Who do you think who has the highest interest on your hard earn money ? You or your investment adviser or the government ?
Yes, everyone of us should be responsible to learn how to manage their money, either their money now or money in the future : retirement .
Do you really think you should ask someone to take care of your money ?
It is like the question should every mother learn to take care of their babies ? What do you think of this – do you think an Indonesian maid take a better care of her baby/toddler or the mother herself ?
In respond to your question : “I look at my parents and I don’t think they would know to to invest in the stock market or gold investment like you said. So how do these people gain their retirement fund? ” In Malaysia, older people might not necessary know about the stock market, but they do know other form of investment like land, shop lots, houses, condo or even gold bar (yes Chinese people invest in gold bar ever since god know when). In more sophisticated Western society like US, my parents in law invest through their stock brokers and also save through their 401k. So in a way, not matter if they are from primitive society or sophisticated society, if people want to invest, there are ways. ‘
None of us born to know how to manage our money or know about investment but everyone of us has the ability to acquire knowledge. As I always emphasize knowledge is powder. There is no many thing which is more powerful than economy !