So you’ve already escaped the corporate prison, you’ve implemented a 15 minute business plan and you’ve been doing a ton of traveling. You’re basically a LIP (location independent person) but for some reason your primary residence is still in the US or some other low bang for the buck lame ass western country.
Maybe you’ve been brain washed into thinking that the US must be the greatest country in the world because so many foreigners seem to want to move there. It’s true that many foreigners want to move to the US (or some other western country) but aside from the ones that are coming from 3rd world countries where they’re literally starving, most of them are just suffering from a severe case of “the grass is always greener on the other side of the fence” syndrome. Many foreigners that have spent a significant amount of time in the west hate it and have come to the exact same conclusion we have. Check out this huge collection of quotes from foreigners who lived in the us.
Now is the time to move abroad, permanently. What are you waiting for? Are you afraid to leave home? Tied down by possessions? Fuck that, man up and get out. Sell everything and give away what you can’t sell. Possessions = slavery. I have never been happier to own less. Ditching my house and all my belongings was the best business decision I ever made. Renting everything you need and only owning the most basic possessions (laptop, camera, clothing, maybe some ski or other sport gear) is super easy in most single dude friendly destinations. Fully furnished apartments are super easy to rent for a minimal premium over unfurnished. But think of the freedom you gain. Everybody hates moving, its an absolutely dreaded activity – not me. I can move in a half a day with just one car load of shit. I can change countries, let alone cities at the drop of a hat. Once you’re an LIP you don’t worry about picking the wrong home, you move as frequently or infrequently as you like. When you get bored of one location you just move on, if you like it you stay indefinitely. This is the way to live your life. Once you try it you will never go back.
But there are deeper and darker reasons to move abroad besides the fact that the women are better, the prices are lower and everything is more fun. It should be obvious to all but the most dim-witted individual that the fall of the US and really much of the west has just begun. The dot com bust and the financial crisis of 2008 were just the tips of the proverbial icebergs. The United States is effectively bankrupt and it is only a matter of time until they default on their debt or trigger an inflationary meltup via unchecked money printing. If these indisputable facts have somehow escaped you to date I’m willing to give you the benefit of the doubt and I have some recommended reading and viewing for you that will bring you up to speed in a hurry.
Liar’s Poker by Michael Lewis (Dated for sure but instructive because it shows just how long the Wall St scam has been going on and how little has changed other than the inflation of the paychecks).
The Politically Incorrect Guide to Global Warming: And Environmentalism by Christopher C. Horner (This one is a little bit off topic but it does show yet another way big business and big government are fleecing you, the little guy).
Zero Hedge – An outstanding financial blog that tells it how it is.
Shadow Stats – real statistics, not the bullshit from the government.
Dollar Debasement – a summary of how much the dollar has declined in value in the last year.
The American Dream – a short cartoon that demonstrates how the bankers are fucking everyone in the ass.
Last but not least, for those with a super short attention span: watch the bears explain quantitative easing.
If you’re still unconvinced you can simply look at the dollar’s performance against other currencies (which in many cases are also inflating albeit at slower rate) and the price of commodities. The dollar is flirting with all time lows and commodity prices are on fire. This is not the result of a demand surge as many would have you believe but rather the result of “Helicopter” Ben Bernanke and his printing press. If you aren’t convinced by this point you are a lost cause, stop reading here and go back to sitting in the corner and drooling.
If you’re still with me and you weren’t aware of the grim reality of the situation until now you’re probably scared shitless. Don’t worry, there is still time to do something about all of this. Although the dollar has lost a huge chunk of its value it still goes quite a long way in many single dude friendly destinations. The key is to exchange all those rapidly devaluing dollars for something that will hold its value or hopefully even appreciate. Specific investment advice is beyond the scope of this article, although the general principle is to invest in things you think will always have value even the face of a total currency collapse. So for example: a barrel of oil, a bushel of wheat, a ton of steel and a bar of gold are some things one might expect to hold their value or at least some value even during and after a currency collapse. Are we going to be using wheel barrows full of cash to buy a loaf of bread in the near future? Who knows but contrary to popular belief it’s not impossible. And don’t think that you’re safe if you own your home. Counterintuitively, the value of your home, along with all other non-necessities is likely to fall in value at the same time all your basic necessities (read: food, clothing and energy) are skyrocketing in price. So basically if all your assets are in houses, cars and dollars you’re going to get double fucked in an inflationary crisis.
If you want specific advice on what to invest in, I think Peter Schiff is a good place to start. Start reading and start thinking for yourself. Make a habit of keeping up with Zero Hedge and reading lots of books. Don’t be intimidated by economic and financial jargon and use common sense. Follow people that make good solid logical arguments that make sense to you. My own personal philosophy is that as long as you’re not a complete dumbass somebody should be able to explain something to you in layman’s terms in a way that makes sense no matter how complicated the core issue is. If they cannot they are either bullshitting you or they don’t know what the fuck they’re talking about. I don’t care whether its investments or nuclear physics – do NOT listen to anybody that cant lay out a solid logical argument that makes sense!
So if you’ve escaped the corporate prison and you’ve got your 15-minute business plan in place you’re pretty much a full blown LIP – get your ass moving. Start the evacuation process before its too late. If you haven’t completed steps one and two, you better get busy, nobody knows how much time we have left. Start reading and educating yourself. Move your savings to a safe place and work toward becoming an LIP.