How to Profit from Border Blindness

by | May 26, 2016 | Archives

We can profit by removing border blindness.   Here is a really simple tip that can expand horizons. 

Before WWI,  both Presidential candidates, Woodrow Wilson and Charles Evans Hughes, as well as former President Teddy Roosevelt campaigned that German Americans could be disloyal.  During  that war German-Americans were declared,“alien enemies.”  Many were placed in internment camps.

During WWII loyal Japanese Americans were placed in internment camps too.

Now we see American political campaigns slanted against Mexicans and those of the Islamic religion.

Increased cultural division is not limited to US politics.  These activities are an error.

A Wall Street Journal article, “The Cost of European Borders” (1) highlights how the free movement of people has had major economic benefits and shows the cost of adding restrictive borders.

That article shows that free borders in the EU created an enormous economic boon and reintroducing controls can be especially disruptive and expensive.

The article says: “The elimination of internal borders has boosted the trade in goods by about 3.8% and trade in services by 3.5%. Eliminating the benefits of this trade would be equivalent to imposing an average tariff of 0.74% on goods.  Tourists are unlikely to spring for shorter cross-border trips if they need to spend more time at checkpoints.  If intra-European import costs were to rise by 1%, it would knock 0.04 percentage points off annual economic growth for the EU as a whole between now and 2025, the Bertelsmann Stiftung calculates. That’s a cumulative €471 billion ($537 billion) in lost output.”

A global view is really important in these days of the global economy and accelerating change.  Those who do not expand their horizons to gain from all the benefits beyond their borders could lose out…  a lot.

My first book “Passport to International Profit” threw out the idea of Border Blindness.

It said:  Borders are transcended by almost all human emotions. Get a pretty Italian and handsome Irishman together and they will fall in love. Put a Mexican with a cheaper tomato next to a hungry Canadian and the Canadian will get out his loonies and buy the tomato. Put an Englishman and Frenchman in a sinking ship and they will both bail water.

The market place of humanity tramples borders. The deepest nature of our existence supports free trade and free movement of all to anywhere in the world.

Modern communications and transportation have made globalization so easy and brought us the wonder of multi-cultural joys.

I have found that if we treat people with fairness and respect, these courtesies will be returned.  When they move to a new place, they become the foreigners.  This is true nationally as well as internationally.  We moved to Hong Kong and were long nose foreign devils.  We moved to England and were Yanks.  We moved to Florida and were Snow Birds.  We moved to Ashe County, North Carolina…where Floridians are called “Floridiots” by many who were born there.

I can sum up the benefits of being multi-national by quoting some dialogue from my novel the “65th Octave”.

In this book, the hero and heroine, Robin MacAllen and Talking Panther, stumble across a group of Controllers who try to gain control of the world’s economy.  These Controllers accumulate huge amounts of shares and dump them after creating terror in the marketplace. With their extensive cash hoards, they buy up the market for pennies on the dollar. Released well before the September attack on freedom, I worried the premise was far fetched. Now the plot hardly seems dramatic enough!

Here is one of Talking Panther’s dialogues.

“In the beginning, we were one. We were in the middle and this was good. All knew the other and all were in harmony with nature. Then some of us wandered and left the middle. Some went west. Others east. We lost touch.

“In the east and the west as they settled, they forgot that there was a middle. For their sons, the east and the west became the middle. Those in the west saw the sunrise and called it the beginning as those in the east saw the same sun setting and called it the end. The difference was confusing and the confusion made the difference an issue.

“In the beginning we were one. We were united by all that was common.  Then as we moved we became united by all that was different. Spread apart the view was beyond the vision of the eagle and it became easier to look at the horizon than beyond.

“Few could see that we are still part of a whole.

“This was the beginning of ignorance and its son,  fear.  Fear made each feel less and made each want to be more. Fear blinded the truth that all are equal and that we really are all one.”

Here is a simple tip that can help you gain more from the wonders of a multicutural world:  Read at least one non-national publication each day.

Even if one cannot or chooses not to move… one can delve.  For example, I make it really easy to read publications from many other countries.

I created a home page that is filled with links so it is really easy to see what is happening around the world.  I only read four US publications: The New Yorker (I love the cartoons) the Wall Street Journal, New York Times and USA Today… not because I especially like these publications but because I know they have the large circulations and I want to know what the public is reading.

Here is my home page.

gary-scott-home-page

Each square is a link so I can quickly get to the Latin, African, Australian, Middle East, Ecuadorian and European news.

Living among and sharing with many cultures teaches us a lot. We learn about how many things in our own culture are petty and vice versa for one thing.  We pick up some new aspects of life we would have otherwise missed!

Why a Global Micro Business?

When one has a micro business they can live anywhere they choose as Merri and I have done for decades.

The world’s economic future is in global growth.

Robert D. Hormats an Under Secretary for Economic, Energy and Agricultural Affairs said at a World Investment Forum in Xiamen, China.  Over the last quarter century, foreign investment has accelerated at a breathtaking pace and shifts in the flow of this investment are now reshaping the global economic landscape.  We have seen inward foreign direct investment stock roughly triple worldwide over the past decade — and that holds true for developing countries as well as developed economies.

Today more than 80,000 multinational corporations (MNCs) are operating worldwide with more than 800,000 foreign affiliates – compared to 37,000 multinational corporations and 170,000 foreign affiliates active in 1993.  Foreign investors not only bring fresh capital, technology, competitive spirit and ideas to new markets; they also bring jobs.  They employ nearly 80 million people worldwide, a figure that is roughly twice the size of Germany’s labor pool – and one that has quadrupled over the past three decades.  These foreign affiliates also point to a deeper level of economic integration among nations. They show a purpose and commitment beyond one-time sales or market entry into well-established trade patterns.  Investment not only drives jobs and innovation, but it also increasingly drives trade.

Technology makes it easy for each of us to have a small international micro business. Small is now more beautiful than ever before because small can still be very profitable.

Merri and I continually are grateful for having one of the smallest but most profitable web based businesses.

We certainly are one of the tiniest businesses around.  We work from home offices deep in the woods of the Blue Ridge, or tucked into our Florida grove and lake.   This tiny web business just has Merri, David Cross (our webmaster) and me.

The point?  You do not have to have a huge operation to earn and live very well.

And we try to stay that way!  Small (but very profitable).  This keeps life simple… easier to enjoy.

You can live and/or travel and enjoy the world.

Your own micro business greatly increases your chance of becoming financially independent even when it remains small.  Gaining a global view that eliminates border blindness can help you profit from change.

Gary

(1) http://www.wsj.com/articles/the-cost-of-european-borders-1463095333

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