Dumaguete Info Search


Best Posts in Thread: Rich or poor

  1. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

    Messages:
    4,989
    Trophy Points:
    401
    Ratings:
    +5,673 / 2,908
    When I wrote about this to national and local press in the UK over the last 3 years or so, they often did not print my comment or later deleted it. It was a very well known fact that we were allowing money laundering on a grand scale, as long as it suited political parties (or party). The Establishment wanted the news suppressed!
     
    • Informative Informative x 2
  2. john boy

    john boy DI Forum Luminary Highly Rated Poster

    Messages:
    2,758
    Trophy Points:
    376
    Occupation:
    Retired
    Location:
    Wirral near Liverpool UK
    Ratings:
    +1,227 / 240
    Great expos'e of the Government and Banking fraternity by the BBC as seen last night.
     
    • Agree Agree x 1
    • Informative Informative x 1
  3. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

    Messages:
    4,989
    Trophy Points:
    401
    Ratings:
    +5,673 / 2,908
    And a great place for dodgy Russians to money-launder! Just give donations to Tories, pay £135,000 to meet the PM and Cabinet and you're off! You can move £1 billion it seems with no hassle. But be an ordinary person, not donating or meeting the top echelons of government and you get asked strings of questions when trying to move a few thousand!
     
    • Like Like x 1
    • Informative Informative x 1
  4. Dutchie

    Dutchie DI Senior Member Showcase Reviewer Veteran Army

    Messages:
    962
    Trophy Points:
    321
    Location:
    Dumaguete
    Ratings:
    +1,763 / 123
    Blood Type:
    A+
    Ah well, let's hope they don't go home early on the day they're supposed to stop the government from breaking international law :wink:
    It's a shame banana's don't grow on the British Isles, else the UK could go down the history books as the first banana kingdom :angelic::biggrin:
     
    • Funny Funny x 2
    • Agree Agree x 1
    • Informative Informative x 1
  5. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

    Messages:
    4,989
    Trophy Points:
    401
    Ratings:
    +5,673 / 2,908
    What you (and @Dutchie) wrote about politicians, it is obvious they have two things in mind - Power (influence and cash) and Glory (other rewards and cash again). In the UK hardly a senior politician misses out on a Knighthood or membership of the House of Lords (almost 400 GBP a day and you go straight home immediately after signing in!) and they get the pick of roles within companies where inside knowledge of the government department(s) they worked for is what is being bought. One totally useless person recently bagged 100,000 a year for 7 hours a week (with 'holidays' and lunches I wonder how many weeks a year he will actually work) - and he is still working as an MP!

    Doug Casey has much to say about politicians, although he does have a slight leaning towards one party, and makes very interesting reading.
     
    • Like Like x 1
    • Informative Informative x 1
  6. djfinn6230

    djfinn6230 DI Senior Member

    Messages:
    978
    Trophy Points:
    201
    Ratings:
    +954 / 117
    Blood Type:
    B+
    That sounds pretty good. Your voluntary plans are likely high risk/high return for your younger years and low or fixed return with less or zero risk for your later years just like in the US. What we have watch out for with these is high commission fees but there are a few places to go where those fees are reasonable. Anyway, for the same reasons you see a lot of Swiss expats going elsewhere fir retirement, you see plenty of US expats too, sometimes in S.E. Asia but also in Mexico, Central America (Panama, Costs Rica, Belize) and for some reason, Equador in S. America. ,Some Europeans also seem retire cheaply in some S. American countries that have Euro culture such as Argentina, Uruguay and Paraguay but not Equador which uses the US Dollar. Americans used to go to Venezuela too, mainly Caracas, until certain political events ended that.


    Sent from my iPhone using Tapatalk
     
    • Like Like x 1
    • Informative Informative x 1
  7. Happy Camper

    Happy Camper DI Senior Member Restricted Account Infamous Showcase Reviewer

    Messages:
    926
    Trophy Points:
    246
    Ratings:
    +1,395 / 180
    Blood Type:
    O+
    Never considered myself rich, monetary wise that is, but this should make you wonder. How many of you are now considered above what you might be financially in your home country. PIDS is Philippine Institute for Development Studies, source was from ABS/CBN news feed.

    As of 2018, the PIDS identified social classes according to the following income brackets:

    • Poor: Below P10,957 monthly income
    • Low-income but not poor: P10,957 to P21,914 monthly income
    • Lower middle: P21,914 to P43,828 monthly income
    • Middle: P43,828 to P76,66 monthly income
    • Upper middle: P76,669 to P131,484 monthly income
    • Upper middle but not rich: P131,483 to P219,140 monthly income
    • Rich: P219,140 and above monthly income
     
    • Informative Informative x 2