4 ms·
I agree with most of your assessment. However I am myself an immigrant and, warts and all, I still think that comparatively the US is still a great place to liv
by zarkov99 6y ago
I agree with most of your assessment. However I am myself an immigrant and, warts and all, I still think that comparatively the US is still a great place to live and I am grateful for the opportunity I was given to settle here.
If you do not mind me asking, where did you move to? How much better are things there? And what other countries do you think are in better shape than the US?
- cinquemb 6y agoMy dad was an immigrant, and my mothers parents were was well, and I do think some aspects do provide opportunities, but I'm not sure it will negate the long term tail winds faced by many and would rather wait it out while they seem to be ok with engaging in the state of affairs. > where did you move to? I moved to Jakarta for now (and a few other places "nearby" for weeks/months here and there pre pandemic) and have been working remotely for the past 5 years for a variety of companies globally. > How much better are things there? For me, there is more social economic freedom, cheaper cost of living, more social cohesion (probably related to the fact that the distribution of wealth isn't as skewed towards the wealthy as it has become in the US), and relatively weak government (less downside risk with federal diktats) with nowhere near the amount of %debt to gdp in household/corp/gov sectors. But still faces similar headwinds stagnation in many places and issues unique challenges to being spread out over many islands. Though, I still remain flexible and have my eyes out for others places that could be better in the future. > And what other countries do you think are in better shape than the US? Overall I think SEA is pretty good as far as near future. Not really sure about anywhere else (besides nice island enclaves few on earth can enjoy like caymens, seychelles, etc.). There's just a lot of convergence going on between areas globally in all aspects of ones life and I really think that with our current global communications infrastructure being able to enable different forms of organization, there are a lot of existential questions about what things will look like going forward: what most people will accept? what actors will exert sovereignty? how will the most indebted nation/city states (and sub jurisdictions and corporates) deal with declining tax revenues/cash flows in the face of not just mobile capital, but a mobile workforce? Exciting times!