4 ms·

I think I agree with you, but how do you see this playing out? Or maybe, how has it played out in the past? Certainly I lost trust in the US federal governmen

by MCRed 12y ago

I think I agree with you, but how do you see this playing out? Or maybe, how has it played out in the past? Certainly I lost trust in the US federal government when I saw that it wasn't obeying its own laws, and not prosecuting itself, and there was no method to bring it into compliance. I lost trust with state governments when I got "audited" for a business I never owned, assessed a tax liability for that business which never even existed in the state, based on an auditors assumptions about business done in the state, and was told that it was legally binding in a "guilty until proven innocent" way, and that I had to pay half a million dollars in order to appeal the audit (for a business, remember, that I have never had any connection to.) Needless to say I don't live in that state anymore. But I do have to live somewhere. I would like to buy a house. But how can I when I could lose it to imminent domain when the mayor's cousin's construction company gets a great opportunity to develop a multi-use master planned community on the land?

carsongross 12y ago
My guess (and it is just a guess) is a continuing stagnation and transition into a south american situation, where everyone is either connected to power, poor or trying to look poor. As it becomes increasingly clear that the rules are unstable, subjective and enforced arbitrarily, people will turtle up. As far as what I'd recommend, well, first I'd recommend not listening to me. After that, I'd recommend getting as lean as possible. Mr. Money Moustache has some good tips on this, with two caveats: I think he is too optimistic about equities and I don't mind spending money on a few high quality things that I can give to my kids. For all his talk about mindless index-fund investing, he did pay off his house when the chance came up, so do as he did, not as he says. The nice thing about this minimalist approach is that it's probably the right thing to do anyway, when it comes to being happy.

by MCRed 12y ago

carsongross 12y ago

My guess (and it is just a guess) is a continuing stagnation and transition into a south american situation, where everyone is either connected to power, poor or trying to look poor. As it becomes increasingly clear that the rules are unstable, subjective and enforced arbitrarily, people will turtle up. As far as what I'd recommend, well, first I'd recommend not listening to me. After that, I'd recommend getting as lean as possible. Mr. Money Moustache has some good tips on this, with two caveats: I think he is too optimistic about equities and I don't mind spending money on a few high quality things that I can give to my kids. For all his talk about mindless index-fund investing, he did pay off his house when the chance came up, so do as he did, not as he says. The nice thing about this minimalist approach is that it's probably the right thing to do anyway, when it comes to being happy.