Babyboomers jumping ship! to foreign countries.

Quote from morganist:

These things always worry me. The payment of their pension is made by the government or a private pension fund. So if they default they are stuck in a foreign country with no income. At least if they are in the US they will have support from people they know.
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- who are also broke!

:D
 
Quote from PocketChange:


Many Americans have a better chance moving to haiti and starting over than digging out of their massive hole of debt here.
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A better chance of what?

What exactly is a broke American going to do in a very poor country with sky-high murder and unemployment rates? I can't imagine a good outcome from this, unless they're sent as a missionary or some sort of NGO worker with the backing of a well-heeled org.
 
Quote from Occam:

A better chance of what?

What exactly is a broke American going to do in a very poor country with sky-high murder and unemployment rates? I can't imagine a good outcome from this, unless they're sent as a missionary or some sort of NGO worker with the backing of a well-heeled org.
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I don't think people are appreciating the disadvantage of being a foreigner.
 
Quote from PocketChange:


Many Americans have a better chance moving to haiti and starting over than digging out of their massive hole of debt here.
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Haiti is a bit extreme. That is one messed up hell hole.

But the broader point is fair - the world is full of opportunities, most of them not "here".

The flip side is that there are plenty of opportunities here, too, and if someone can't seem them here, there is little reason to believe they'll see them elsewhere.
 
Quote from blackjack007:

i say good riddance to them. these are people with marginal finances. our society doesn't need them.

if you have the money and means, the US offers a superior standard of living compared to those sh*tholes. the people with money will stay, the poor people will leave. i don't see a problem with this
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with a nanny state the US and European poor will always stay. it is the industrious middle class with skills who might move as is happening already in the UK.

the grass is always greener on the other side of the fence. read up on the downside to being a 200k miner in australia.
 
Quote from Tsing Tao:

I don't get it. If all they are looking for is cheaper expenses, then they should look at some really, really small towns in the mid west. You can rent a house for $500 a month easily. It's not like the suburbs of Philly are the most budget friendly places the US has to offer.

Moving to Panama does not remove the US tax responsibility, as you are responsible for paying taxes on any income no matter where you live as a US citizen.

So what does moving into a questionable location provide again?
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:mad:

I really thought the Heartland was the best kept secret in America.
 
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