Andrew Henderson

Andrew Henderson

Founder of Nomad Capitalist and the world’s most sought-after expert on global citizenship.

ABOUT THE COMPANY

What we’re all about

MEET OUR TEAM

Meet our 50+ global colleagues

CONTACT US

We’re here to serve you

FAQS

Your questions answered

TESTIMONIALS

Read our testimonials

NEWSLETTER

Get free email updates

Nomad Capitalist team on the phone with a client

ACTION PLAN

Our flagship service for entrepreneurs and investors

Andrew Henderson

PRIVATE CLIENT

Work exclusively with Mr. Andrew Henderson

Andrew Henderson with a client

MASTERMIND

Our most immersive and bespoke experience

ALL SERVICES

Click here to see all our products and services

THE WORLD’S #1 OFFSHORE CONFERENCE

SEPTEMBER 21-24, 2022 | MEXICO CITY

Learn from our R&D playbook and meet like-minded people at our annual event.

NOMAD CAPITALIST THE BOOK

Andrew Henderson wrote the #1 best-selling book that redefines life as a diversified,
global citizen in the 21st century… and how you can join the movement.

The free market, not government, created this recycling program

Reporting from: Ho Chi Minh City, Vietnam

It was a long day of interviews, meeting new contacts, and visiting with expat entrepreneurs here in Ho Chi Minh City yesterday. After it was all over, I made a beeline for a great Indian restaurant I’d been dying to try to eat my first real meal of the day.

Ho Chi Minh City is actually a rather international place. Whatever you crave to eat or drink, they probably have it here.

The free market: A goose in Ho Chi Minh City restaurant near Vincom Center

What’s for dinner?: I saw a duck running back and forth through this restaurant in Ho Chi Minh City. Needless to say, I didn’t eat there.

After polishing off a great vegetarian dinner, I started the mile-long walk back to my home. I’ve said before that I tend to eschew taxis except when I have a tight schedule; I’d rather get a feel for the real city on foot rather than watch it at 25 miles per hour out the window of an air-conditioned tourist-mobile.

And sure enough, my desire to see the real city paid off.

As I walked close to my home late at night, I noticed one other soul sharing the sidewalk ahead. She was hovering over a large mass of stuff spread out on the sidewalk. It turns out, she was literally wading in a spread out pile of garbage.

As the stroke of midnight neared, I passed a short, slightly stalky Vietnamese women as she separated aluminum cans and plastic bottles from wrappers and discarded food.

This is the kind of thing that happens every day in places like Vietnam. In a country that encourages hard work over a social safety net, people of limited means find interesting and even dirty ways to make a living.

What she was doing wasn’t frowned upon. In fact, one of my good expat friends here said her activity of spreading out trash on the sidewalk is encouraged.

It works like this: low-income Vietnamese people go around collecting trash from the various trash cans around a particular neighborhood. (Unlike cities like Hanoi, Ho Chi Minh City has a relatively high number of trash cans).

Then, they aggregate the piles of garbage – everything from spent chopsticks to Coke bottles – onto a large patch of the sidewalk. Then they start swimming for the cash. Just like anywhere else in the world, products like plastic or aluminum have value to a recycling program.

So the people comb through the day’s trash looking for stuff they can turn in for cash.

The police know there’s not a lot of money in the activity and don’t really care anyway. And the government doesn’t care too much what old ladies do on uncrowded residential streets late at night. My friend even suggested they like the idea of private citizens doing their environmental work for them.

It’s a recycling program built entirely by the free market, motivated by self-interest and the desire to make a buck.

When I was in elementary school twenty years ago, you couldn’t turn around without seeing some propaganda poster for “protecting the environment”. Even then, I always wondered whether anybody really cared about the environment or it was just a mechanism of political control.

Yet despite all the brainwashing that western governments and their school systems pump into the classroom, countries like the United States still don’t have a perfect recycling program. Big cities like New York and literally shipping their garbage to landfills thousands of miles away.

Leave it to government to push an ill-conceived recycling program based on indoctrination rather than actual results. If only they’d let the free market intervene, the job would get done a lot better and a lot faster.

Of course, self-interest and profit motivation are dirty words to western socialist governments that seek only to grow their power base.

Maybe if these “civilized” governments took away some of their safety net – the one paid for with dollars stolen from you – people would find creative ways to support themselves when they came upon hard times.

But I suppose the average American on the dole would look down on the woman here in Vietnam. To them, she’s not a go-getter working to put food on the table, but a sucker for finding a dirty way to do so.

In a show of just how efficient the free market is, I walked along the same sidewalk on my way to a coffee shop this morning. Miraculously, the sidewalk was clean and free from trash. You would never have known an old lady was picking for buried treasure just hours earlier if you hadn’t seen it yourself.

Just more evidence that the free market and “greed” will trump ill-conceived government brainwashing any day. Even in a country where selling aluminum cans can pay the bills.

READ THIS NEXT…

4 REASONS TO CHOOSE

NOMAD CAPITALIST

1. For over a decade, we’ve helped 1,000+ high-net-worth entrepreneurs and investors.

2. We have a trusted network of global professional agents, accountants, attorneys, and entrepreneurial teams who know the loopholes of the industry.

3. We sit down with government officials and legally get everything done for you in the shortest time.

4. Our one-stop boutique consultancy will reduce your tax rate offshore, protect your assets, help you obtain a Plan B citizenship, and invest overseas.

Get our best ideas and latest updates to your inbox

We'll send our best articles, videos, and exclusive content right to your inbox. It's free.

[class^="wpforms-"]
[class^="wpforms-"]