End to cash

It’s unavoidable: Cash will come to an end. The Bank of Norway want’s to phase it out and so want’s the US government. It’s cash which enables the black market and as governments worldwide intensify their fight against tax evasion, cash is an impediment to that fight.

piggybank

Savings are bad

In many western countries interest rates are on an all-time low. As it seems technology can no longer sustain the rate of growth we got so accustomed with. Technology in hand with automation have brought us a service market devoid of people, or at exceptionally high prices. Personal wages are riddled by tax wedges which steeply increase labor costs and putĀ  pressure on to replace human workforce by machines and self-service. If you hear self-service, personal responsibility, or entrepreneurship, be warned that others are in effect behind your money.

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