Governments have often sought war in order to distract the people from economic problems. The United States is one of the few countries that demands taxes on income that is earned outside of the country.

When it comes to owning gold Jim Rogers says that everyone should own it, at the very least as an insurance policy. You should hold gold Jim Rogers says, and hope that is goes down in value because the world is secure and prosperous.

Throughout history, there have been periods when the financiers made the most money. There have also been periods when people who produced real goods that made the most money. For the past 30 years, the people on Wall Street made the most money, but that is shifting now.