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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Brickeye ✸  😊 😞
Number: of 22351 
Subject: Re: Reading tea leaves
Date: 08/09/24 7:45 PM
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"As a Canadian this flies in the face of my understanding of the US health care system - don't you get Medicare once you're 65? Perhaps Medicare standards are not up to standards in the private health care sector, but then again, if you're comparing the US with other countries as a place to retire, you should be comparing Medicare to other countries' public health care systems, like the care available in provinces in Canada or countries in Europe. My impression is that, while you won't get an MRI for a sore knee in Medicare, you won't get one in Canada either, and probably not in Germany.

So an alternative to consider, that Munger would probably agree with is, lower your standards. Medicare will take care of most of what's important, and you can live without the rest, if it's too expensive, amirite? And if you don't like the US system, how are you going to get health care outside of the US anyways, as a non-citizen?"

Yes, fair point. I should add- I will be 57 end of September and my wife will be 46 end of this year so I've got some time before Medicare. To answer your second question- I am also a UK citizen. My mother was from Scotland and I got the passport. But to be specific, I'm just assuming that if you have a visa to live in an EU country then you have access to buying private insurance. I could certainly be wrong about that.
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
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