The end of tax havens?

[JackAlabama]

Hot summer special free advice:

just enter in google: "india is leading producer of pharma‍ products"

and google will answer with:

India is the third largest producer of pharmaceuticals in⁠ the world by volume. The country's Department of Pharmaceuticals reported that it supplies 20%⁤ of global exports of “generic” drugs.

 

[RealDude]

But they are just⁤ the cheap workbench for the West, aren't they?
The patents and formulas come from other⁣ brains than Indian?

 

[Frank Funk]

From what I‌ saw a bigger chunk of Indian brains are staying or returning home, forming start ups‍ etc. It is a trend that will continue.
But all those EM's (including China and⁠ Russia) are still a good chunk behind the West - not to say they cannot⁤ do some (economic) damage.

 

[Martin Everson]

Exactly your︀ spot on.

So we have Iran and Argentina officially applied to join BRICS. Then we︁ got Saudi Arabia, Turkey, Egypt and Venezuela also looking to join. Currently BRICS have 40%︂ of world population and and nearly a quarter of world GDP. Those new countries will︃ only add to it. When you consider by 2050 Saudi Arabia, Iran, Turkey and Egypt︄ are predicted to be in top 20 highest GDP countries according to PWC, it︅ does show how the world is shifting 😉. That is a lot of energy producers︆ within BRICS sphere. Then you consider Africa as a block and the remaining Gulf States︇ following the Saudi lead it makes for an interesting situation for U.S to be in.︈

The tax havens will remain long term as incentives are always welcome. The U.S is︉ just chasing the clock on this one.

 

[Golden Fleece]

Yes, when I‌ ordered ivermectin and hydroxychloroquine from India, because most doctors in the U.S. would not prescribe‍ them for COVID-19, I already knew that India was a pharmaceutical powerhouse (to the degree⁠ that antibiotics and other drugs are far too often overused and abused in India), I⁤ also discovered that almost all of the production is through licensing from the U.S. and⁣ other Western nations. However, that does not necessarily mean that India does not profit nicely⁢ from being an international drug manufacturing hub.

 

[Frank Funk]

Can you link me a shop where I‌ can order antibiotics and such? Can also dm

 

[Golden Fleece]

AllDayChemist -- I received exactly what I paid‍ for, but it took about a month. I do not want to post a web⁠ link to a business (it might violate forum rules), but you can see some reviews⁤ here:
https://www.copdfoundation.org/COPD....com is a,of medication at reasonable prices.

 

[CoinMaster]

It's all about why cryptocurrency came into play long time ago. Some people knew tax‌ havens will come to what they are. Alternatives were required.

 

[Frank Funk]

Not sure that was Satoshi's main goal

 

[Cocopops]

I think they want to destroy the small rich (people between 1M and 5M I‌ would say) for example it is way more complicated to become a panamean citizen, in‍ europe it also way more complicated to make money because of new tax rules so⁠ yes tax heaven will probably continue to exist but it will become harder and harder⁤ to be in one of them, good luck guys to stay in the 1% the⁣ war has begun 🙂

 

[lostguy]

they try hard but it won't be the future, after all we have crypto.

 

[JackAlabama]

You need at minimum 50M to not⁢ be a small rich any more.
5M is more like upper middle class.

Panama is︀ on the way out anyway with their latest protest and empty supermarkets, anyone who connect︁ the dots left that place already.
Also their insane covid handling was not smart and︂ killed the real estate market which is still down today.
It was going downhill fast︃ after the latest election.

Bitcoin fulfills the need for a global bearer asset which can︆ be used across the newly formed blocks.
Its fitted for a digital world whereas Gold︇ was fitted for an analog world.

 

[Hyo]

let’s keep it low⁤ profile. You are looking at the right things I may say.

 

[GPT]

Doesn’t withhold you from posting‌ screenshots

 

[Martin Everson]

lol....come on now. I‌ guess he paid and does not want to share.

 

[Martin Everson]

Ok guys please stick to thread topic. If you want to say something off wildly‌ topic then start a new thread thu&¤#. You are free to create new threads instead‍ of piggy backing on this thread otherwise the post will be deleted and you would⁠ have wasted your breath.

 

[JackAlabama]

Circle back to the main⁤ topic.

Tax heavens will not end but will look vastly different in the nearer future⁣ due to increasing violent geopolitical changes. Some might even close for certain passport holders.

 

[Martin Everson]

I can see this happening. The geopolitical changes are not going away⁠ and tax havens have a good chance of benefiting if they play the game right.⁤ I can see certain CBI countries feeling the pinch at some point with their passport⁣ access.

 

[Frank Funk]

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