In response to:

Where Will You Go if America Collapses?

JiminGA Wrote: Feb 04, 2013 7:34 AM
I'm not that familiar with several of the countries discussed but can comment on others. 1. The Cayman Islands are heavily dependent on, and closely tied to, the US and its situation. The RE market and political arena there is in shambles and the Premier was recently arrested for corruption. and it's really, really expensive to live there as well as having very high requirements for emigrating there. 2. Costa Rica was once very attractive but has become quite dangerous because they do not have a national military. The drug cartels from Guatemala and Panama are taking advantage of that. 3. Panama has struggled since the US pullout of the canal region and has tried to develop tourism as a substitute. 4. The author left out Singapore.
Texas Chris Wrote: Feb 04, 2013 11:36 AM
2. In the absence of the US Drug War, Costa Rica won't have "drug gangs" any more.
3. Panama will boon assuming shipping continues through the canal.
4. I agree.

A reader from New York has a follow-up question for me.

Referencing a “Question of the Week” from last month, in which I expressed guarded optimism that America could be saved, she wants to know what I would do if things go the wrong way.

In other words, what if things go really wrong and America suffers a Greek-style fiscal collapse? And imagine how bad that might be since there wouldn’t be an IMF or European Central Bank capable of providing bailouts to the United States.

Perhaps because of an irrational form of patriotism, I’m fairly certain that I...

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