the dollar vigilante blog
The American Dream In Reverse
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It all seems like a dream now, doesn't it?
In the 20th century, while America had plenty of flaws - nothing is perfect - it was a beacon of liberty for most of the world. In a century where nazis, communists and fascists ran rampant in destroying life, liberty and property, the USA stood out. No one ever defected from the US to the Soviet Union. Until now.
According to a survey by marketing consultants America Wave, the percentage of Americans aged 25 to 34 actively planning to relocate outside the US has quintupled in just two years, from less than 1 percent to 5.1 percent.
When you look at the younger generation nearly half want out. 40 percent of those 18-24 expressing interest in foreign relocation, which is up from 15 percent two years ago.
MEXICAN BORDER WALL TO KEEP AMERICANS IN
One year ago at the Vancouver Investment conference we stated on a panel that the Mexican border fence is meant to keep Americans in. Many in the crowd laughed at that statement as they often do to many of our predictions including the prediction of the commencement of riots and protests in the US in 2011 (Occupy Wall Street) and it worsening going into 2012.
Confirming our statement, on September 7, 2011, Ron Paul, in a Republican candidates debate, stated that he thinks the Mexican border fence is "designed and may well be used against us to keep us in". Many laughed at his statement but the facts are that very few Mexicans attempt to enter the US anymore for two main reasons. One is the lack of liberty in the US and the second is the lack of economic opportunities.
Arrests of illegal immigrants along the U.S. border with Mexico are at the lowest level since the Nixon administration, indicating that fewer people are attempting to cross the border to live or work in the United States. It's the sixth straight year apprehensions have dropped. There are now more Mexicans being deported each year than are caught trying to enter which could mean a net-exodus of Mexicans from the US.
KEEPING OUT THE BEST AND THE BRIGHTEST
Worse, many of the world's brightest and most productive people continue to flee from the US.
As was noted in a 2009 study:
"A substantial number of highly-skilled immigrants have started returning to their home countries, including persons from low-income countries like India and China who have historically tended to stay permanently in the United States. These returnees contributed to the tech boom in those countries and arguably spurred the growth of outsourcing of back-office processes as well as of research and development.”
Even some of the best and brightest in the world who still believe the US is the land of milk and honey cannot even gain entry as the US Government ensures that productive, wealth generating people cannot get in.
In response, Blueseed, a Silicon Valley start-up, is trying to find ways to get this talent as close to the US as possible without actually entering into the territory. They have dreamed up a "floating startup incubator." It would circumvent the ridiculous immigration laws the same way that gaming businesses once avoided gambling restrictions, by parking their clients on a ship in international waters.
It's the American dream in reverse. All the best and brightest are leaving at a rapid pace and even the few remaining who wish to come to the US are not allowed in and are forced to build offshore platforms just to remain in the area.
THE AMERICAN DREAM IS EVERYWHERE ELSE BUT IN THE US
The truth of the matter is that the entire world flip-flopped in the last few decades. The US has become one of the least free countries on Earth and one of the most socialist and fascist while countries like China and Russia have been going in the opposite direction, resulting in an amazing shift where China is now the main lender to the now bankrupt US Government.
In past decades, millions of courageous people found ways to defect from places like the Soviet Union, Cuba and China, often traversing oceans in makeshift rafts with only the shirt on their backs. Those who live in the US today who can see the writing on the wall have the opportunity to defect now in comfort or wait until the door closes and do it the hard way.
We continue to highly recommend to all Americans to get a foreign passport now while you still can. Our favorite country for this is the Dominican Republic. We also like Paraguay for gaining easy residency. As well, moving a significant portion of your assets outside the control of your own government only makes sense at this time and we recommend Mark Nestmann's "The Lifeboat Strategy" for detailed information for Americans on this and Terry Coxon's "Unleash Your IRA" for getting your IRA assets internationalized.
Those looking for hide-outs, outside the US may want to consider Doug's Gultch in Northern Argentina or Jeff's Gultch in Acapulco. As well, each month we look at interesting and freer places to live... in the December issue of TDV we looked at Myanmar... a place that is changing at a rapid rate and might surprise you for what it offers.
And, of course, subscribe to The Dollar Vigilante to keep up-to-date on the latest happenings as the US dollar collapse continues and ushers in a time of great turmoil and risk to both yourself and your wealth.