JS 101 - What Happened with Galt's Gulch, Chile?

Terence Gillespie fell in love with Chile and was interested in purchasing property there. As a Libertarian, he really liked the concept of Galt's Gulch property development in Chile, but more and more news came out that the property was a 'bum deal'. The property was being vetted by guys like John Cobin and Jeff Berwick, so what happened? Terrance talks on what he found out, jurisdiction issues, and much more on today's show.    Key Takeaways: [4:40] John Cobin's books about Chile helped Terance discover Chile.  [14:10] Little did the three other founders know, Johnson had cut them all out of the deal.  [25:10] Why is Terance so interested in this?  [28:20] When property deals like this go wrong, what's the jurisdiction?  [38:50] There are so many international scam artists out there because no body has jurisdiction on them.  [48:25] Once you take a title in the name of an entity, you've invited the state in.    Mentioned In This Episode: mcgillespie.com wendymcelroy.com dollarvigilante.com I, Psychopath documentary   http://en.wikipedia.org/wiki/Psychopathy_Checklist