You’ll want to pay attention to this weekend’s election in Iceland where “a collection of anarchists, hackers, libertarians and Web geeks”, or the Pirate Party, may soon be king, reports The Washington Post. In a year where Brexit, Edward Snowden, and Donald Trump roll off the tongue, politics as usual is history. Citizens of the world feel their political system is not only rigged, but that the system is rigged against them. On a recent flight home from Paris, I re-watched the movie The Big Short based on the book of the same title by Michael Lewis (author of my favorites Moneyball and Liar’s Poker) about the housing crisis of 2008. You’ll remember, more so if you read it, what a disaster it was for Iceland. Rubbing salt in that wound was the revelation this Spring, thanks to the leaked Panama Papers, revealing an offshore company owned by the prime minister’s wife staking a claim to Iceland’s collapsed banks. Stay tuned.
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Preparing your investments and family for when disaster strikes.
E.J. Smith is the 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. 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, 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 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 firstname.lastname@example.org. Sign up here to receive all the best content from Richardcyoung.com each week.