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Gratitude for a Day

(Editor’s Note: This essay is reprinted from the November 1997 issue of Forecasts & Strategies. It’s a bit dated, but the message is worth repeating.) …



(Editor’s Note: This essay is reprinted from the November 1997 issue of Forecasts & Strategies. It’s a bit dated, but the message is worth repeating.) 

As we celebrate Thanksgiving today, I wonder how much we appreciate the blessings of the marketplace — how millions of people work together to make our lives more enjoyable. We often forget that the marketplace is based on cooperation, not just competition. The following is my tribute to the benefits of the marketplace.

I wake up to music from a radio clock, roll out of bed and take a shower. A simple procedure, but how much labor, know-how and machinery went into these little things we often take for granted? I eat a bowl of cereal while reading the local newspaper. Imagine all those reporters who stayed up all night getting the paper ready for me to read and the workers who printed the paper and delivered it to my door this morning — all for 25 cents. Well, I don’t even think about it. I kiss my wife and kids goodbye (think of all the things they do to make my life worthwhile) and get into my car.

How many work hours, capital and technology did it take so that I could jump into my car, turn on the ignition and drive away? Inside my car is every luxury — air conditioning, stereo and mobile phone. How much investment of people and money was involved in creating this automobile and its gadgets?

On my way to the airport, I stop at a convenience store to buy a few items. It’s incredible how many hundreds of goods they stock to suit my fancy. When I arrive at the airport, a skycap is here waiting to check my luggage, and I walk into the terminal. Upon entering the jet, a flight attendant greets me with a smile and asks if I would like a beverage. Pilots and mechanics are fast at work to make sure my flight is safe and arrives on time. The jet is fueled — imagine all the work and effort involved in that process alone — and off I go to my destination, San Francisco, thousands of miles away. High above the earth, at 35,000 feet, the airline attendant serves me a meal, including roast beef, potatoes, vegetables and fruit. I won’t even try to figure out how many people were involved in preparing this meal from scratch, from the farmer to the cook.

After several hours, I arrive, pick up my bags at baggage claim and quickly go to the car rental counter, where a smart young man helps me choose a new automobile, ready and waiting for me to drive. I fill out a form, give him my credit card, and off I go. Driving through the streets of San Francisco, I see all the stores filled with goods, and employees ready to help me buy.

I can’t help but think of all the public employees working to make my drive safe and enjoyable — the streetlights working, and the roads paved and properly repaired. Driving over the Bay Bridge, I marvel at this mechanical miracle that was built decades ago, men and women of yesteryear who sacrificed their time, money and muscle to make it all happen…for me…today.

In less than an hour, I arrive at my hotel, where a man offers to take my car to valet parking. I walk into the hotel lobby, where I register and go to my room. Inside, I relax on a clean bed, and see an array of services and products at my fingertips. The hotel telephone can do so many things. I can call room service, the concierge for dinner reservations, or listen to messages on voice mail. I call home and check on the family, who bring me up to date on all the goings-on in Orlando. My wife tells me that she had to take my daughter to the emergency room at the hospital — she took seven stitches from an accident at an ice-skating rink. I think of the doctor, the nurses, and all those tools and machines ready to help my daughter recover. Fortunately, she’s okay.

After hanging up, I pick up the TV remote control and push a button. One channel informs me of all the trading on Wall Street and the world for the day. A second channel runs a classic movie from the 1940s. A third is a sports channel. Can you imagine how many years of training it took for those athletes to compete?

Right before I go out for the evening, a fax message is delivered to my door. It’s from my publisher, who has prepared my latest marketing piece for my newsletter. People seem to be working overtime for me. I walk out of the hotel room, get into a taxi and go to a local Chinese restaurant. There they are, all these cooks and waiters, just waiting to serve me and my friends. Following dinner, we go to the theater and see a delightful musical play. The actors and the orchestra are magnificent. I think about all the years of training it took those actors and musicians to perform like that. What a wonderful evening.

On the way home, I see a military cemetery, filled with white crosses of soldiers who died so that I could live in a free country.

Coming back to my hotel room, I note that the maid has turned down my bed and left a chocolate on the nightstand. I walk into the bathroom and brush my teeth. I marvel at the little things the hotel management has arranged to make my visit a pleasurable stay. Just the plumbing itself is a modern miracle. Climbing into bed, I turn on the TV and see a comedian on a talk show. I wonder how long it took for her and her researchers to come up with those funny lines.

What an amazing day it has been. The marketplace is at my beck and call. All these things to enjoy. Of course, I had to pay for all those goods and services, and without money or credit, I could not have benefited from the commercial flight, car rental, hotel, taxi, telephone calls, dinner at the restaurant, theater, and a host of other things. But surely it was a small price to pay compared to the benefits received, most of which I could never have done myself. And for that I get on my knees and thank God for the world we live in.

The High Point of My Visit to North Carolina

Last week, my wife and I spent several days in North Carolina, where I gave lectures at Wake Forest University, High Point University and the AAII investment group in Raleigh.

The highlight was visiting the incredible campus of High Point University. Dr. Nido Qubein, a Lebanese immigrant and businessman/banker, returned to his alma mater to become president in 2005, and he has transformed a struggling little liberal arts college into a free-market powerhouse institution in North Carolina.

I gave two lectures there, one to the investment club and another to over 100 business/economics/finance students on gross output (GO) and “What drives the economy?”

Wow, what a beautiful campus! It is now home to over 100 buildings, and it is growing fast: Go here to find out why it is “the premier life skills university.” It just goes to show you how important a dynamic, growth-oriented college president can be.

Among others, Steve Wozniak (co-founder of Apple) is the Innovator in Residence at High Point.

Qubein is very pro-capitalist and anti-woke. He said High Point University was the only college that stayed open during the 2020 COVID-19 pandemic in North Carolina.

And the students are active and willing to learn. Students don’t normally buy books these days, but the investment students did — they bought a dozen of my “Maxims on Wall Street.”

Dozens of Subscribers are Buying ‘Maxims’ for the Holidays

I’m also delighted that many of you are ordering one or more copies of the “Maxims” as gifts for the holidays. You can give them to friends, clients and students. Over the past week, I received multiple orders.

The price of the 10th-anniversary edition is only $20 for the first copy and $10 for all additional copies. A whole box of 32 copies is priced at just $300. I autograph and number each one, and I even mail them at no extra charge if the address is inside the United States. To order, go to

May you all have a wonderful Thanksgiving this week. We have much to be thankful for in this land of the free.

Yours for peace, prosperity and liberty, AEIOU,

Mark Skousen

You Nailed It!

Election Integrity: The French Do It Right! 

At next year’s FreedomFest  (July 12-15, 2023, in Memphis, Tennessee) we are going to have a special session on the all-important question of election integrity.

It’s not often we turn to France to learn how to do things right, but when it comes to voting, the French are light years ahead of the United States.

Since the 2020 pandemic, most states have allowed and even encouraged voting by mail, which creates the possibility of voter fraud or rumors of voter irregularities.

The French are different, as Canadian Frenchman Jean-Benoit Nadeau and his wife Julie Barlow write in their book “Sixty Million French Can’t Be Wrong.” (I had them speak at FreedomFest several years ago, and they were a hit.)

I highly recommend their book, and you can buy it here.

The French vote on election day only — no early voting. And there is no absentee voting either. French men and women living or working abroad must go to the French embassy or consulate to vote on election day.

They don’t use electronic voting ballots, which may be compromised. They use paper ballots in paper envelopes.

And yet they are still able to count all the votes at the end of the day.

Check it out in this report.

Jean-Benoit Nadeau wrote me this week and added the following about the French voting system:

1) All citizens are automatically registered to vote. Voting is not mandatory, but it is facilitated by the fact that it always takes place on a Sunday, when most citizens have a day of rest.

2) There is also no gerrymandering. The electoral map corresponds exactly to the administrative map, and that’s it.

3) The rules are set by the Ministry of the Interior, and the vote is administered by towns, and it always takes place in primary schools (except abroad where it is administered by consulates).

Call it old school, but it works. Vive la France!


The post Gratitude for a Day appeared first on Stock Investor.

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Climate-Change Lockdowns? Yup, They Are Actually Going There…

Climate-Change Lockdowns? Yup, They Are Actually Going There…

Authored by Michael Snyder via The End of The American Dream blog,

I suppose…



Climate-Change Lockdowns? Yup, They Are Actually Going There...

Authored by Michael Snyder via The End of The American Dream blog,

I suppose that we should have known that this was inevitable.  After establishing a precedent during the pandemic, now the elite apparently intend to impose lockdowns for other reasons as well.  What I have detailed in this article is extremely alarming, and I hope that you will share it with everyone that you can.  Climate change lockdowns are here, and if people don’t respond very strongly to this it is likely that we will soon see similar measures implemented all over the western world.  The elite have always promised to do “whatever it takes” to fight climate change, and now we are finding out that they weren’t kidding.

Over in the UK, residents of Oxfordshire will now need a special permit to go from one “zone” of the city to another.  But even if you have the permit, you will still only be allowed to go from one zone to another “a maximum of 100 days per year”

Oxfordshire County Council yesterday approved plans to lock residents into one of six zones to ‘save the planet’ from global warming. The latest stage in the ’15 minute city’ agenda is to place electronic gates on key roads in and out of the city, confining residents to their own neighbourhoods.

Under the new scheme if residents want to leave their zone they will need permission from the Council who gets to decide who is worthy of freedom and who isn’t. Under the new scheme residents will be allowed to leave their zone a maximum of 100 days per year, but in order to even gain this every resident will have to register their car details with the council who will then track their movements via smart cameras round the city.

Are residents of Oxfordshire actually going to put up with this?

[ZH: Paul Joseph Watson notes that the local authorities in Oxford tried to ‘fact check’ the article claiming they’re imposing de facto ‘climate lockdowns’, but ended basically admitting that’s exactly what they’re doing...]

I never thought that we would actually see this sort of a thing get implemented in the western world, but here we are.

Of course there are a few people that are loudly objecting to this new plan, but one Oxfordshire official is pledging that “the controversial plan would go ahead whether people liked it or not”.


Meanwhile, France has decided to completely ban certain short-haul flights in an attempt to reduce carbon emissions…

France can now make you train rather than plane.

The European Commission (EC) has given French officials the green light to ban select domestic flights if the route in question can be completed via train in under two and a half hours.

The plan was first proposed in 2021 as a means to reduce carbon emissions. It originally called for a ban on eight short-haul flights, but the EC has only agreed to nix three that have quick, easy rail alternatives with several direct connections each way every day.

This is nuts.

But if the French public accepts these new restrictions, similar bans will inevitably be coming to other EU nations.

In the Netherlands, the government is actually going to be buying and shutting down approximately 3,000 farms in order to “reduce its nitrogen pollution”

The Dutch government is planning to purchase and then close down up to 3,000 farms in an effort to comply with a European Union environmental mandate to slash emissions, according to reports.

Farmers in the Netherlands will be offered “well over” the worth of their farm in an effort to take up the offer voluntarily, The Telegraph reported. The country is attempting to reduce its nitrogen pollution and will make the purchases if not enough farmers accept buyouts.

“There is no better offer coming,” Christianne van der Wal, nitrogen minister, told the Dutch parliament on Friday.

This is literally suicidal.

We are in the beginning stages of an unprecedented global food crisis, and the Dutch government has decided that now is the time to shut down thousands of farms?

I don’t even have the words to describe how foolish this is.

Speaking of suicide, Canada has found a way to get people to stop emitting any carbon at all once their usefulness is over.  Assisted suicide has become quite popular among the Canadians, and the number of people choosing that option keeps setting new records year after year

Last year, more than 10,000 people in Canada – astonishingly that’s over three percent of all deaths there – ended their lives via euthanasia, an increase of a third on the previous year. And it’s likely to keep rising: next year, Canada is set to allow people to die exclusively for mental health reasons.

If you are feeling depressed, Canada has a solution for that.

And if you are physically disabled, Canada has a solution for that too

Only last week, a jaw-dropping story emerged of how, five years into an infuriating battle to obtain a stairlift for her home, Canadian army veteran and Paralympian Christine Gauthier was offered an extraordinary alternative.

A Canadian official told her in 2019 that if her life was so difficult and she so ‘desperate’, the government would help her to kill herself. ‘I have a letter saying that if you’re so desperate, madam, we can offer you MAiD, medical assistance in dying,’ the paraplegic ex-army corporal testified to Canadian MPs.

“Medical assistance in dying” sounds so clinical.

But ultimately it is the greatest lockdown of all.

Because once you stop breathing, you won’t be able to commit any more “climate sins”.

All over the western world, authoritarianism is growing at a pace that is absolutely breathtaking.

If they can severely restrict travel and shut down farms today, what sort of tyranny will we see in the future?

Sadly, most people in the general population still do not understand what is happening.

Hopefully they will wake up before it is too late.

*  *  *

It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.

Tyler Durden Fri, 12/09/2022 - 06:30

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First-ever social responsibility report of Chinese enterprises in Saudi Arabia incorporates BGI Genomics projects

On December 1, 2022, the Social Responsibility Report of Chinese Companies in Saudi Arabia was officially launched, which is the first such report released…



On December 1, 2022, the Social Responsibility Report of Chinese Companies in Saudi Arabia was officially launched, which is the first such report released by the Contact Office of Chinese Companies in Saudi Arabia. BGI Genomics projects in the Kingdom have been incorporated into this report.

Credit: BGI Genomics

On December 1, 2022, the Social Responsibility Report of Chinese Companies in Saudi Arabia was officially launched, which is the first such report released by the Contact Office of Chinese Companies in Saudi Arabia. BGI Genomics projects in the Kingdom have been incorporated into this report.

This event was attended by around 150 representatives of Chinese and Saudi enterprises, Saudi government officials, experts in the field of sustainable development, CCTV, Xinhua News Agency, Saudi Press Agency, Arab News and other media professionals. This Report presents the key projects and best practices of Chinese enterprises to fulfil their social and environmental responsibilities while advancing the Kingdom’s industry development.

Chen Weiqing, the Chinese ambassador to Saudi Arabia, said in his video speech that the Report highlighted Chinese enterprises’ best practices in serving the local community, safe production, green and low-carbon development and promoting local employment. The release of the Report helps Chinese enterprises in the Kingdom to strengthen communication with the local community, laying a stronger foundation for future collaboration.

Epidemic control and accelerating post-COVID 19 recovery

BGI Genomics has been fulfilling its corporate social responsibilities and worked with the Saudi people to fight the COVID-19 epidemic.

In March 2020, Saudi Arabia was hit by the pandemic. The Saudi government decided to adopt BGI Genomics’ Huo-Yan laboratory solution in April 2020. At the forefront of the fight against the epidemic, the company has built six laboratories in Riyadh, Makkah, Madinah, Dammam and Asir within two months, with a total area of nearly 5,000 square meters and a maximum daily testing throughput of 50,000 samples.

By the end of December 2021, BGI Genomics had sent 14 groups of experts, engineers and laboratory technicians to Saudi Arabia, amounting to over 700 people, and tested more than 16 million virus samples, accounting for more than half of the tests conducted during this period. The company has successfully trained over 400 qualified Saudi technicians, and all laboratories have been transferred to local authorities for the operation.

In the post-epidemic era, the Huo-Yan laboratories can continue to make positive contributions to public health, working with local medical institutions and the public health system to make breakthroughs in areas such as reproductive health, tumour prevention and control, and prevention.

Enhancing genomic technology localization and testing capabilities

In July 2022, BGI Almanahil and Tibbiyah Holdings, a wholly owned subsidiary of the Saudi Faisaliah Group, announced a joint venture (JV) to establish an integrated, trans-omics medical testing company specializing in genetic testing.

This JV company will help improve Saudi Arabia’s local clinical and public health testing and manufacturing capabilities, promote the localization of strategic products that have long been imported, contribute to the implementation and realization of the Kingdom’s Vision 2030 roadmap, and significantly enhance local capacity for third-party medical testing services as well as local production of critical medical supplies.

BGI Genomics attaches great importance to fulfilling its corporate social responsibility and has released its social responsibility report for four consecutive years since 2017. Since its establishment, the company has always been guided by the goal of enhancing health outcomes for all, relying on its autonomous multi-omics platform to accelerate technological innovation, promote reproductive health, strengthen tumour prevention and control, and accurately cure infections, and is committed to becoming a global leader in precision medicine and covering the entire public health industry chain.

The company will continue to work together with all stakeholders to contribute to the Kingdom’s Vision 2030 and the Belt and Road Initiative and looks forward to growing with our partners.


About BGI Genomics

BGI Genomics, headquartered in Shenzhen China, is the world’s leading integrated solutions provider of precision medicine. Our services cover over 100 countries and regions, involving more than 2,300 medical institutions. In July 2017, as a subsidiary of BGI Group, BGI Genomics (300676.SZ) was officially listed on the Shenzhen Stock Exchange.


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Alcohol deaths in the UK rose to record level in 2021

Nearly 10,000 people died from alcohol in 2021.




Deaths from alcohol in the UK have risen to their highest level since records began in 2001, according to the latest data from the Office for National Statistics (ONS). In 2021, 9,641 people (14.8 per 100,000) died as a result of alcohol: a rise of 7.4% from 2020.

The leading cause of alcohol-specific deaths (deaths caused by diseases known to be a direct consequence of alcohol) continues to be liver disease. More than three-quarters (78%) of all alcohol deaths in 2021 were attributed to this cause. The remainder of the deaths were due to “mental and behavioural disorders because of the use of alcohol” and “accidental poisoning by, and exposure to, alcohol”.

Although there is no such thing as a safe level of drinking, and many people would feel the health benefits of reducing consumption, most of the risks of developing health problems and dying are skewed towards those who drink the most.

Between 2012 and 2019 alcohol-specific deaths remained relatively stable. It is no coincidence that deaths rose sharply during the first two years of the pandemic: those that were already drinking at harmful levels increased their consumption further during this period. Although liver disease can take years to develop, this process is accelerated when those drinking at harmful levels increase their consumption further.

Other statistics show that unplanned alcohol-related hospital admissions decreased during this period, which may have meant missed opportunities to provide help for those people experiencing problems with alcohol.

Looking beyond the headline figures, there are important differences in various groups within the population. Alcohol-specific deaths were not spread equally. For example, men were twice as likely to die as women. In 2021, 20.1 men per 100,000 died compared with 9.9 women.

Where you live in the UK matters, too, as deaths in Scotland are the highest, followed by Northern Ireland, Wales then and England – although the gap between the nations seems to be narrowing.

In England, deaths are highest in the north-east of England (20.4 per 100,000), which is twice as high as those in London (10.2 per 100,000). Although rates have increased in all regions; for example, there was a rise of 38% in south-west England from 2019 to 2021. This reflects what is already known about the relationship between deprivation and harm from alcohol. There is a two to fivefold higher risk of dying among lower-income groups compared with those from the higher-income groups.

Reflecting the growing trend of young people drinking less than older age groups, it is those aged 50 to 64 that account for most deaths due to liver disease. In 2021, for example, 39 people aged 25 to 29 died from alcohol-related liver disease, compared with 1,326 of those aged 50 to 59. This is related to a greater number of years of drinking but is also a general reflection that when older adults were younger, they tended to drink more than younger people do now.

Numbers of alcohol-specific deaths, by five-year age group and individual cause. Office for National Statistics – Alcohol-specific deaths in the UK: registered in 2021, National Records of Scotland and the Northern Ireland Statistics and Research Agency

Addressing harms

So what can be done to begin to address alcohol harms? It has been estimated that almost a quarter of drinkers in the UK drink above the recommended low-risk drinking guidelines. So this is a health and social issue that requires a national response. Low-impact initiatives, such as education and awareness raising, may not be enough.

The costs of alcohol to society are significant. A recent review estimated this to be £27 billion annually, with only half of this offset by tax revenue on alcohol products.

Timely access to specialist treatment can help to reduce the health risks associated with alcohol. Unfortunately, there have been significant cuts to funding for this type of intervention.

Around 80% of people classed as dependent on alcohol in England are not currently getting treatment support. While there has recently been extra funding for drug services to try and correct historic cuts, this has not been extended to alcohol. Reversing this by investing in services could help to reduce the rising number dying prematurely from alcohol.

A new strategy is long overdue

The last government strategy for alcohol was published in 2012, so there is a pressing need for a new one. This must address all the ways that the harms from alcohol can be tackled, from marketing and pricing to specialist treatment and recovery services.

A group, led by Liverpool MP Dan Carden, with cross-party support, recently called on the government to initiate an independent review of alcohol harm, along the lines of the review led by Dame Carol Black, which had a significant influence on drug policy and treatment funding.

Without such a review and strategy based on it, the harms caused by alcohol including premature death will continue to rise year after year. So much has changed since the last alcohol strategy in 2012 not least the current cost of living crisis. The outlook for investment in public health looks bleak, added to which this government doesn’t seem willing to curtail the efforts of the alcohol industry in marketing and protecting its products.

Harry Sumnall receives and has received funding from grant awarding bodies for alcohol and other drug research. He sits on grant-awarding funding panels, and is an unpaid scientific adviser to the MIND Foundation.

Ian Hamilton does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

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