You may be correct from a macro vantage point but when you are having to deal with it every day it is very painful and destructive at a human level. When the virus is trying to capture and use the resources of an organisation that you have worked hard to build it is hard to just walk away. Fighting can result in job loss or worse. The sheer waste of human potential is tragic.
There may be $100T opportunity cost in the S&P500 since 2010 for these reasons, let alone the greater economy. Having entire divisions full of actual communists who will black list and fire you if you don’t dance to their tune, who damper efficiency and innovation, and who have very high salaries, is utterly ridiculous.
I picked Japan, but totally agree Michael. It's sad our home country has been the face of a lot of these wokeism ideals that are making everyone miserable. We used to fund TV shows that would get shown in the USA, but the Canadian broadcasts were uncensored! How far we have slipped 😥
Totally agree, another way of saying that could be that "Evil is so hateful that even hates itself". And he only logical consequence of that is its own self destruction...😂
I agree with you. People are focusing soooo much on things that don't affect 99% of society (100 genders for example) while not raising voices for things that actually DO matter. Eventually all good intentioned and smart people will get tired of this and will put effort in what really matters. And it's not like we have lack of social issues today. I think this whole thing is in its final stage, about to burn out very soon. And then we will need to put all of our attention towards some very important topics.
There are some jurisdictions that are providing certain protections for children up to and beyond facilitating "gender affirming" care for children without parental consent, and actively concealing the nature of that treatment from parents and guardians. I'd like to hear more about what different policies are in different places, I know a lot of folks in the US and Canada are taking a hard look at that in any expat options they're considering. I don't think this phenomenon really has legs anywhere outside the anglophone west, but you begin to see it seeping into Scandinavia and central Europe now, very concerningly. It plays a definite factor in people's location strategy.
everyone keeps talking about the craziness in the uk, but from someone who lives n the uk I really don't see it. don't get me wrong we are not progressing economically but everything else seems basically the same
I get the point Michael is making in the video, but I thought this was supposed to be a channel dealing with global planning of residency and citizenship from a tax perspective. Why is a video about "wokeism" even relevant? It is not just Offshore Citizen, but Nomad Capitalist and Wealth Expat have also done similar videos on this subject. What is next, videos about the racial demographics or the weather in different countries?
Weather is important and so is climate change, war, geopolitical relationships, etc. Everything that makes up a country that can make it a risk/reward is important and relevant. It doesn't matter if it triggers you or not.
You are far more concerned by a move towards the socialist mindset, because this is the only cause of wokism and the only system that could make wokism last through time, by communism and dictatorship (else the majority will get bored and reject it massively). Very logical.
Radical ideology that focuses on brining up old history that was ignored or passed over. Resolutions are then radical and unrealistic and often involve attacking certain groups while glorifying others.
Have you ever met anyone who really knows what "Woke" means? Everyone has their own definition but it is usually a word used to show disrespect to others.
There isn't a fixed definition... But when it comes to movies and TV series, it usually means black and LGBT characters, rewritting of History, empowerement of women, and emasculation of white males.
Please, don't become another one of those annoying political-negativity types that permeate that tax optimization industry. We have enough of those already. We watch you for the sensible and informative videos you make, not because we want another Doom sayer.
So, Michael's message is that "this trend will wear itself out and therefore we don't need to be concerned in the long term" - in your mind, that makes him a doom sayer?
Anyone using "Woke" in their conversation, either on the Right or the Left, loses all credibility. Very disappointed, to say the least. Please, let me know if you're going to turn into one of these cheap channel that uses Culture War BS in their videos so I can unsubscribe right away. Until now, I always very much respected you and this channel for not lowering yourself to that level. Again, very disappointed in this Political BS video.
Well said. I wish I shared your optimism.
Great stuff and a very useful way to think about things.
You may be correct from a macro vantage point but when you are having to deal with it every day it is very painful and destructive at a human level. When the virus is trying to capture and use the resources of an organisation that you have worked hard to build it is hard to just walk away. Fighting can result in job loss or worse. The sheer waste of human potential is tragic.
There may be $100T opportunity cost in the S&P500 since 2010 for these reasons, let alone the greater economy.
Having entire divisions full of actual communists who will black list and fire you if you don’t dance to their tune, who damper efficiency and innovation, and who have very high salaries, is utterly ridiculous.
Great video, Michael.
I picked Japan, but totally agree Michael. It's sad our home country has been the face of a lot of these wokeism ideals that are making everyone miserable. We used to fund TV shows that would get shown in the USA, but the Canadian broadcasts were uncensored! How far we have slipped 😥
Totally agree, another way of saying that could be that "Evil is so hateful that even hates itself".
And he only logical consequence of that is its own self destruction...😂
This, too, shall pass… thankfully
I agree with you. People are focusing soooo much on things that don't affect 99% of society (100 genders for example) while not raising voices for things that actually DO matter. Eventually all good intentioned and smart people will get tired of this and will put effort in what really matters. And it's not like we have lack of social issues today.
I think this whole thing is in its final stage, about to burn out very soon. And then we will need to put all of our attention towards some very important topics.
There are some jurisdictions that are providing certain protections for children up to and beyond facilitating "gender affirming" care for children without parental consent, and actively concealing the nature of that treatment from parents and guardians. I'd like to hear more about what different policies are in different places, I know a lot of folks in the US and Canada are taking a hard look at that in any expat options they're considering. I don't think this phenomenon really has legs anywhere outside the anglophone west, but you begin to see it seeping into Scandinavia and central Europe now, very concerningly. It plays a definite factor in people's location strategy.
everyone keeps talking about the craziness in the uk, but from someone who lives n the uk I really don't see it. don't get me wrong we are not progressing economically but everything else seems basically the same
Just try stating "there are only two genders" in any public proceeding. The reaction is fairly diagnostic of the situation we are in.
The classic example is the fate of Robespierre
the same can be said of every group.
Money is the ultimate ideology.
And... go woke... go broke.
But what causes it?
I get the point Michael is making in the video, but I thought this was supposed to be a channel dealing with global planning of residency and citizenship from a tax perspective. Why is a video about "wokeism" even relevant? It is not just Offshore Citizen, but Nomad Capitalist and Wealth Expat have also done similar videos on this subject. What is next, videos about the racial demographics or the weather in different countries?
It's a major motivation behind people moving far away from their home country, so it's perfectly relevant.
Weather is important and so is climate change, war, geopolitical relationships, etc. Everything that makes up a country that can make it a risk/reward is important and relevant. It doesn't matter if it triggers you or not.
You are far more concerned by a move towards the socialist mindset, because this is the only cause of wokism and the only system that could make wokism last through time, by communism and dictatorship (else the majority will get bored and reject it massively). Very logical.
What is your definition of woke then?
Radical ideology that focuses on brining up old history that was ignored or passed over. Resolutions are then radical and unrealistic and often involve attacking certain groups while glorifying others.
When AI destroys the legions of jobs that employ the woke. They will focus on more useful endeavours such as how to feed themselves 😂
Great video! I guess this makes you 'far-right' now 😂
The disease of wokeism 😅
What is /your/ definition, with examples, of woke?
Have you ever met anyone who really knows what "Woke" means?
Everyone has their own definition but it is usually a word used to show disrespect to others.
lol
There isn't a fixed definition... But when it comes to movies and TV series, it usually means black and LGBT characters, rewritting of History, empowerement of women, and emasculation of white males.
@@galian151 What's wrong with black and lgbt characters? What do you have against empowering women? By who's definition of masculine do define?
i love wokeism . it means i care ... its that simple.... you must not care ??
lol 8.2/10 level trolling
Please, don't become another one of those annoying political-negativity types that permeate that tax optimization industry. We have enough of those already. We watch you for the sensible and informative videos you make, not because we want another Doom sayer.
Agreed. Unsubscribing, this video is nonsense
So, Michael's message is that "this trend will wear itself out and therefore we don't need to be concerned in the long term" - in your mind, that makes him a doom sayer?
agreed
Absolutely. I'm sick of this toxic, negative, political nonsense that leads nowhere but to even more misery and depression.
You obviously didn't watch the video haha :-)
Anyone using "Woke" in their conversation, either on the Right or the Left, loses all credibility.
Very disappointed, to say the least. Please, let me know if you're going to turn into one of these cheap channel that uses Culture War BS in their videos so I can unsubscribe right away.
Until now, I always very much respected you and this channel for not lowering yourself to that level.
Again, very disappointed in this Political BS video.
I guess you didn't listen to the message in the video
Have you watched the video? What he's saying seems very sensible to me.
I'm sorry Michael's video happened to you
Absolutely agree with you. Very sad to see Michael stoop so low. I really hope this was a one-off for him, and he doesn't touch on the topic again.
epais