Doug Casey thinks having a second home outside the United States is essential. It is not within the reach of most Americans. But, if this country is going to collapse under the weight of its debt, with chaos ensuing, maybe it is time to seek out a hiding place. It is never a bad strategy to have a backup plan. The two countries that have gotten the best shout outs have been Argentina and New Zealand.
Does anyone out there have other recommendations?
Is Moving Out Of The United States A Way To Escape The Coming Economic Collapse?
With the U.S. economy in a death spiral, many Americans have been wondering if moving out of the United States is a way to escape the coming economic collapse. While it is true that the U.S. economy will drag down the rest of the economies around the globe at least to an extent, the reality is that someone living on an island in the middle of nowhere will be able to weather the coming economic storm a whole lot better than someone in New York or Los Angeles. But is moving out of the United States a practical alternative? First of all, it is very important to realize that moving some to another country can cause a massive culture shock. Even a nation that you would think would be somewhat similar such as the U.K. can be radically different from what most Americans are accustomed to. In addition, in some cases there can be huge taxes and fees imposed on those moving to a new country.