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I'd be surprised if there was any rich person (say, $10M+ in liquid assets) in the US who wasn't planning an exit strategy. Like...open your eyes and look aroun
by paxys 3y ago
I'd be surprised if there was any rich person (say, $10M+ in liquid assets) in the US who wasn't planning an exit strategy. Like...open your eyes and look around you. If you'd spend money preparing for an earthquake why not the fall of democracy? What are you going to do if you or your spouse/daughter needs emergency medical care and the procedure is outlawed nationwide? What will you do if an authoritarian government and the mob that powers it turns its eyes towards your political views, race, religion, sexual orientation, place of residence, economic class, hobbies? By the time it starts happening it'll be too late to act.
The US economic engine will keep chugging, and people in that position can still take advantage of it while enjoying the political stability and social freedoms elsewhere.
- _heimdall 3y agoIf you have the means, it does effectively fall under the self insurance banner. If I had the money, and was willing to abandon my country, I'd do the same.