The volatility and general weakness of the US economy has not gone unnoticed. In fact, we could be seeing the early signs of capital flight out of the US.
“Americans know that something has gone terribly wrong,” wrote JP Morgan CEO Jamie Dimon in his annual letter to U.S. investors.
Ray Dalio even warned that “cash is and will continue to be trash” earlier this year. That’s no surprise, because the U.S. dollar has been weakening in value since reaching a peak in 2002.
Purchasing power for consumers in the U.S. also keeps tumbling, and has been in a constant state of decline since 1933 (chart below):
Unfortunately, to Dimon, the problems in the U.S. go much deeper, and he even suggested “diversification” from the U.S. itself.
Best Time to Be Ready to Leave the U.S. Was Yesterday
On top of the COVID-19 pandemic, which thankfully appears to be winding down, civil unrest has also been a story inside the U.S. since June 2020.
Chinese dictators are taking notice, and appear to be stoking the unrest even further. Reportedly they smell blood in the water:
China’s state media has also shifted into high gear. On the one hand it wants to encourage unrest, with the Global Times asking on Twitter if police are “Peacekeepers or mass murderers?” and Xinhua promoting a New York Times article sympathetic to rioters.
Violence and civil unrest aren’t new to the U.S., but when corporate CEOs like Jamie Dimon show concern, the sense of alarm gets heightened further.
Dimon even went so far as to say the U.S. “could be perceived as a place that is inhospitable to capitalism and capitalists.” Then he shared a scathing indictment of the U.S.:
The Chinese see an America that is losing ground in technology, infrastructure and education – a Nation torn and crippled by politics, as well as racial and income inequality – and a country unable to coordinate government policies (fiscal, monetary, industrial, regulatory) in any coherent way to accomplish national goals.
So the question remains, is this fixable?
With savings for almost half of the country’s citizens on the brink, that remains to be seen. Almost half of American’s don’t even have enough savings to handle an emergency, let alone put food on the table.
Of course, it’s possible things could suddenly go right. Politicians could see the light, reduce taxes, and lighten the regulatory burden on average Americans.
Maybe the mainstream media will quit outright lying to the public, and instead begin to earn its trust. It’s possible for U.S. citizens to set aside their differences, and work with each other.
But then again — given how unlikely all of this is — maybe it’s time to consider putting your “plan B” together. And also pull that “go bag” out of the closet.
You NEED a “Global Escape Hatch” Before It’s Too Late
As you probably know, I’ve been living the life of a “digital nomad” since 2001. That means l have enjoyed the benefits of location independence.
During that time, I’ve also learned dozens of valuable lessons about how to maintain my independence free from Government tyrants, “ethically challenged” police officers, and other nosy people.
On top of that I’ve learned the secrets to reducing or eliminating tax obligations. All while maintaining my freedom “under the radar” of various Government bureaucrats.
I created GWP Insiders to share those lessons, which could help you if signs of potential hyperinflation start cropping up in the U.S.
In fact, I recently updated the entire membership area and I’m relaunching it as GWP Insiders 3.0. And, for a limited time, you can save 70% on membership.
Why should you seriously consider this?
GWP Insiders is a complete roadmap of internationalization strategies for location independent entrepreneurs and investors looking for answers to tax, residency, wealth, and lifestyle questions.
Most importantly, you’ll learn about legal tax avoidance loopholes that can protect you from “work from home” taxes and many other taxes politicians dream up.
Bottom line, we believe in REAL freedom. Freedom to keep the money you earned. Freedom to travel where you want, when you want…
Freedom to be private and secure in your business affairs and day to day life.
When you become a member of GWP Insiders, you’ll have access to some of the most valuable and closely guarded secrets the wealthy use to protect and grow their wealth.
For example, you’ll discover:
- How to obtain citizenship and a second passport in less than one year.
- The biggest tax haven in the world (most NEVER get this right).
- How to create offshore bank and brokerage accounts to store, protect, and grow your wealth.
- How to structure your business to minimize or eliminate taxes.
- The best opportunities for investing in foreign real estate.
- The best places around the world for living as an expat or nomad.
And much, much more.
Right now, you can save 70% on your GWP Insiders 3.0 membership. But please hurry because this offer won’t last much longer.
To living privately,
Bobby Casey
Location Independent Entrepreneur
P.S. Living in the U.S. is becoming a dicey proposition. If you don’t have a backup plan, you should put one together now. Then consider taking the next step…
Become a GWP Insiders member today to discover how to become a digital nomad, along with many more secrets to secure your future no matter what happens…
