3 ms·
Which state can I move to to opt out of the national debt?
by mcantelon 17y ago
Which state can I move to to opt out of the national debt?
- tokenadult 17y agoThat would involve a move to a different country. What country do you prefer on that basis?
- mcantelon 17y agoAll but 16 countries have lower external debt per capita, so there's a fair amount of choices: http://en.wikipedia.org/wiki/List_of_countries_by_external_debt http://en.wikipedia.org/wiki/List_of_countries_by_external_d...
- a-priori 17y agoIf debt is your only criteria, then Oman is your best bet: http://en.wikipedia.org/wiki/List_of_countries_by_public_debt http://en.wikipedia.org/wiki/List_of_countries_by_public_deb...
- steveplace 17y agoSidestepping the question, let's ask: 1. If the US defaults, what country can I move to that will substantially increase my odds of success? 2. If fiat currencies hyperinflate, [same question]? There's a very, very short list to answer those questions.
- aristus 17y agoHmm. A country that: 1) doesn't hold US debt and does not do substantial trade with the US (sorry Canada, Japan, Mexico, et al) 2) Has large reserves of gold, petroleum or industrial minerals. 3) wants skilled English-speaking immigrants ... that leaves South Africa, Brazil, and... maybe AU?
- steveplace 17y agoIf you have 2, then you need 1. I'm thinking about Brazil's offshore reserves.