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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (1716)	10/24/2007 9:59:23 PM
From: RJA_	Read Replies (2) \| Respond to of 71462

>>Nothing really comes to mind yet.....no more lands of milk and honey...any suggestions????? Canada has a solid currency, no global warming problems, lots of hard asset exports... Most (almost all) speak English. However, the guy they just nominated for head of their Fed equivalent looks like a real sleezball, and had a big hand in screwing the US holders of the CanRoys. Takes CA$400k as a five year interest free loan to get in as an "investor". May be able to get in if your skill is in demand as worker. Government paid health scheme. Proximity to US may be future problem. Norway also hard asset positive, (oil and gas wealth) very high standard of living, rates highest over all with populace satisfaction with government, economy very good at moment. Small population to land area (approx 4.5 - 5 million). Great natural beauty. Very low population density (once you leave cities). A sizable percentage of entire population lives in Oslo. Minimum wage USD 23.00 - 24.00. Strong preference given to EU citizens... however, if you skill is deemed strategic can get in as worker, or at request of entity doing business in Norway. You can start your own business, and hire folks, but hiring yourself does not count. However, high tax. Cost lots to buy a car, get drivers license. High VAT (aprx 25%), + income tax, plus gross assets tax of approx 2%. Good place to live, perhaps not as citizen. Most (almost all) speak English. Government paid health scheme. Winter can be quite severe, depending on longitude. Very little farm land 2-3%(?). Must import food. Might be a problem later. Monaco, tax free. No nothing of citizenship or green card equivalent requirements, but imagine they filter by wealth. Small country, real estate must be dear. Hong Kong, RE quite expensive (Jay Chen just paid approx USD 1000/sq ft for bay front condo of approx 750 sq ft and considered it a bargain). However, tax only 15%, and no tax on proceeds from sale of real estate. In middle of action re China and Asia. Government paid health scheme. No nothing of citizenship or green card equivalent requirements... but imagine you could buy your way in. Switzerland: Solid currency, respect for Gold (would not expect confiscation), stable, long history of self government. Probably most democratic country in Europe, has system of direct referendum on all laws passed by legislature. If populace does not approve, law is not valid. No nothing of citizenship or green card equivalent requirements. New Zealand -- Beautiful and somewhat isolated, IMHO. English speaking. At the time I visited (approx 7 years ago) RE was just beginning to take off. I'm sure it has changed allot since then. 20% of the country or so is national parks. Largest industry Tourism, followed by agriculture. Government paid health scheme. No nothing of citizenship or green card equivalent requirements. Disclaimer: Above believed to be correct, but open to adjustment, refinement by folks that have been there, reside there, etc. I have personally visited Norway, Canada, and New Zealand. All of above seem stable, democratic (to varying degrees), have stable currencies (with possible exception of New Zealand and Hong Kong (USD peg, but this may change)), and have healthy natural environment (with possible exception of Hong Kong). All would seem relatively safe. Just my 2 cents... <grin!>.