Subject: The four stages of nations: from dictatorship to oligarchy to democracy to chaos, and back again
The Laptop Millionaire Thought of the Day
Yesterday I finished reading the book 'Adventure Capitalist' by Jim Rogers.
Between 1999 and 2002, former Wall Street trader and investor Jim Rogers
drove with his wife through 116 countries, covering 245,000 kilometers, in a
He explains which countries he would invest in and why - and which ones he
wouldn't touch with a barge pole.
I had read his 1991 book 'Investment Biker' whilst in the Maldives earlier this
year, and I wanted to see how his perspective had changed in the 14 intervening
years between his two books.
On page 265, Rogers talks about how impressed he is with Singapore.
"You will not find another city in the world that is as rich and as safe as
He then points out that the country is under the absolute, authoritarian rule of the
country's first prime minister, Lee Kuan Yew (he governed Singapore for three
decades, retiring in 2011).
Rogers then makes this fascinating comment:
"[The Greek philosopher] Plato argued in 'The Republic' that there are four stages
in the evolution of nations: from dictatorship to oligarchy to democracy to
chaos, and back again.
The Chinese, whether or not they have read Plato, operate on the same principle.
They see it as the Asian way. A strong central government will lead to prosperity,
and the first few who become successful will maintain the stability of society until
the government of the few gives way to democracy.
But an unfettered democracy, as they see it – and Plato argued– will inevitably
give way to chaos. Until, of course, a new dictator emerges."
As I contemplate the chaos that is Greece, trying to emerge from decades of
corruption allowed in a Democratic system, I marvel at how Plato had predicted
the inevitability of this situation 2,300 years ago.
In a democracy, politicians have to pander to the whims and desires of vastly
divergent interest groups. The end result? Corruption on a mass scale and chaos.
Will We Have a Dictatorship in Europe?
"With escalating fears regarding the stability of the eurozone, former commodities
broker and current MEP Nigel Farage predicts that there will be... (article continued
Quotes, Videos, Resources, Interviews, & Articles
Quote of the
“With an enormously high living standard, Singapore is perhaps the greatest
success story of the developed world in the past forty years. [...] Singapore did
not become successful because its government was evil but because its
government was disciplined and smart and played by sound economic rules.
Lee went to work every day literally asking how he could make Singapore
better, and not simply that, but how he could ensure it would be better in forty
years. With a grounding in serious economics, he understand that developing
a sound economy required high savings and high investment.” [as opposed
to the reckless printing of money and debt increases in USA, EU, etc....]
– Jim Rogers, 'Adventure Capitalist'
Stat of the Day:
Singapore is the third richest country in the world, ranking behind only
Qatar and Luxembourg, according to Forbes magazine, with a GDP
per capita of nearly US $56,700.
"Billionaire George Soros: Europe has three days to prevent a catastrophe"
"Warning: These recent events are eerily similar to the triggers of World War I "
"The downing of a Turkish jet by the Syrian army could be the start of..."
"Small countries are thriving - Democracy looks great until..."
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Success Story of the Day
"I went from zero to $3,000 in 30 days!"
"I paid $5,000 for coaching on how to build my list,
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I simply used adswaps and solo ads to build my list."
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"Well I'm not sure if it's success per se, but I have almost 1000 followers
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Should I get another account where there's specific interests to get followers
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Is there something I can do with these random followers?"
– John MacMillan
==> Well done John! I recommend you get in touch with Corinna X, and also
I suggest that you do what all our other Twitter success stories have done:
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content before starting to promote anything. (Note: we use Twitter mainly
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I have a particular question about Fiverr. I was really interested in your
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– Wes V.
==> Just the ones listed in my book, for now, Wes.
But I'm in touch with Andres Gonzalez from yesterday's 'Success Story
Of The Day' section, and might have more to reveal soon...
(Andres turned $10 into $123 in 24 hours, thanks
to Fiverr... you can read more about this here)
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I need to make a definitive change now.
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– Dwayne Breeden
==> Hello Dwayne. I have the feeling you are going about it completely the
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Think like a business owner... not like a business opportunity seeker.
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