Category: Opinion
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Why Elon Musk turned to the Right
in OpinionElon Musk is one of the business leaders I admire most. With the U.S. elections approaching and Elon Musk putting his support behind Donald Trump, I wanted to understand why, especially since he was once more aligned with the Democratic Party. His shift in political alliances is particularly interesting given that only a few years…
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The LA Church Pays $1.5 Billion For Sexually Abusing Children
in OpinionThe church has sexually molested more children than any known institution in the planet. I can’t understand how it is allowed to operate. If any corporation in the world had committed a fraction of their crimes, it would have been dismantled long time ago. But not the church… Thousands of children have been sexually abused…
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From the Roman Empire to Today: How the U.S. Became the World’s Economic Leader
in OpinionFor the past 20 years that I have been investing in the stock market, I’ve learned from numerous finance books and blogs that the best way to grow and preserve capital is to diversify across different types of securities (bonds, stocks, cash, etc.) and, within the equity portion of the portfolio, to diversify globally. Forget…
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Entrepreneurs are mentally unstable people
in OpinionMaking money is not hard. From an intellectual point of view, it is not hard at all. Practically, anyone can create the equivalent of a lemonade stand and start making money in their first year. My first business in Canada was a dance school. My partner and I rented a dance studio by the hour,…
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The Gender Pay Gap is a Myth, it Doesn’t Exist
in OpinionThe pay gap between men and women is not due to discrimination but rather to various other factors. According to Claudia Goldin, Nobel Prize winner in Economics in 2023 for her research on the gender gap, when men and women start their careers, they earn similar amounts. However, as life progresses, a difference becomes apparent,…
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Why Wealthy People Are Running Away From High-Tax Jurisdictions
in OpinionThe Progressive Tax System is unjust Many jurisdictions impose high taxes on their most productive members of society while offering minimal taxes to those who contribute the least or nothing. Imagine an accountant, an engineer, or a nurse who has spent years studying and working long hours, only to face tax rates of up to…