I was surprised to learn that I am eligible to vote in today's local elections in Norway. Having left Norway more than ten years ago, with no intention of going back, I can still take part in a decision process that will influence the lives of people in Norway. This makes no logical sense. I have no business making such decisions over others while risking absolute nothing for myself. I have therefore decided not to vote. Besides, I could not be bothered to go down to the consulate here in Porto, stand in line, identify myself, and then go through the ritual of selecting a party candidate.
Being only one vote in many thousands, my influence would be microscopic anyway. This is of course true for all voters. It is not of any importance what we ourselves vote for. What matters is what everybody else vote for, and herein lies the secret to successful navigation of a democratic society.
Elections reflect the general mood of the population. They tell us what we can expect, allowing us time to place our bets accordingly. Putting a ballot in the ballot box is of very little consequence relative to what we can achieve by reading correctly the mood of everybody else. When anti-capitalist sentiments gain strength, we should reduce our exposure to real-estate and shares. We should also be wary of cash. Wealth needs to be hidden away, out of reach from the public. Gold is a good investment during such times.
When the public becomes tired of oppression and micro-management, they will demand freedom. Deregulation can then be expected, with gains for both real-estate and shares. This is the time to increase exposure to these asset classes.
By fully realizing the true significance of elections, it is possible to make money under any regime. Even Marxism allows for this. However, only to those who get physically out of dodge. It may also take a generation or two for such experiments to fully run their course. This means that we have to be prepared to leave our homeland for the foreseeable future in the event that our fellow nationals become totalitarians.
No comments:
Post a Comment