Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • My Rifles
  • Concentrate on Dividend Record and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Old Confederacy
  • Main Street Conservative
  • BLM’s Marxist Agenda
  • Ron Paul
  • Bank Credit & Money
  • Freedom Force
  • Dick Young’s Safe America

Hong Kong #1

January 15, 2014 By E.J. Smith - Your Survival Guy

Once again Hong Kong proves it is an economic powerhouse with a #1 ranking in the 2014 Index of Economic Freedom. The index, released by The Heritage Foundation and The Wall Street Journal shows the U.S. has dropped out of the top ten. Where’s the outrage? Terry Miller of Heritage writes in the WSJ:

It’s not hard to see why the U.S. is losing ground. Even marginal tax rates exceeding 43% cannot finance runaway government spending, which has caused the national debt to skyrocket. The Obama administration continues to shackle entire sectors of the economy with regulation, including health care, finance and energy. The intervention impedes both personal freedom and national prosperity.

But as the U.S. economy languishes, many countries are leaping ahead, thanks to policies that enhance economic freedom—the same ones that made the U.S. economy the most powerful in the world. Governments in 114 countries have taken steps in the past year to increase the economic freedom of their citizens. Forty-three countries, from every part of the world, have now reached their highest economic freedom ranking in the index’s history.

Hong Kong continues to dominate the list, followed by Singapore, Australia, Switzerland, New Zealand and Canada. These are the only countries to earn the index’s “economically free” designation. Mauritius earned top honors among African countries and Chile excelled in Latin America. Despite the turmoil in the Middle East, several Gulf states, led by Bahrain, earned designation as “mostly free.”

Related Posts

  • The Hong Kong of New England
  • Hong Kong of New England
  • Detroit: Hong Kong U.S.A.
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • PANDEMIC Pushes Military-Grade Surveillance on Americans Like YOU - January 21, 2021
  • A President Speaks: “Hard Work Never Killed Anybody” - January 20, 2021
  • Smith Family Robinson in Live Free or Die, NH - January 19, 2021

Dick Young’s Must Reads

  • “The Great Object Is that Every Man Be Armed”
  • Blue Dog Democrats Must Stop the Squad’s Assault on America
  • Richard Feynman Solved the Space Shuttle Disaster Mystery
  • Victor Davis Hanson: How to Bust DC’s Stronghold
  • “The Goal”: Strong Families, Resilient Faith, Thriving Middle Class.
  • This Guy Is America’s New President: Shotgun Joe
  • Viktor Orban: No Immigrant Invasion for Hungary!
  • What Do You Know About Rho-Kinase?
  • Johnson’s Landslide Tory Victory Crushes Corbyn the Communist
  • “I’ve Got Guys Buying Guns/Ammo for Me All Through the Night.”

Disclosure

RSS Youngresearch.com

  • Do You Know Who’s the Largest Owner of Farmland in America?
  • Investors Are Being Conditioned Not To Recognise the Danger
  • I’ve Been in Richard Young’s Maximizers for Years
  • What Is the Stock Market’s Link to the Economy?
  • Smith Family Robinson in Live Free or Die, NH
  • Dick Young’s Safe America: Chapter 1, Part I
  • Whether Through Audacity or Ignorance, Stock Fundamentals Are Being Ignored
  • Happy Martin Luther King Jr. Day!
  • The Fed is Sacrificing Retirees to Save the Banks
  • Jim Simons’s Renaissance Technologies vs. Internet Forum Traders

Ten Republican Senators to Get Behind

Why Do Government Officials Want To Silence Their Opponents?

And 2022 Is Right Around the Corner

PANDEMIC Pushes Military-Grade Surveillance on Americans Like YOU

Facebook Is Already Censoring This Letter

This Guy Is America’s New President: Shotgun Joe

Copyright © 2021 | Terms & Conditions | About Us | Dick Young | Archives