When I published The Financial State of the Union in 2013, my advice was to prepare for a grid down situation.
That was issued without considering prophecy. I still believe there will be a grid down time, but that will be at the end of the 7-year tribulation.
Given what I’ve learned over the years, my advice now is to get out of the United States, if you can, while you still can.
Even the US Treasury is saying by 2024 that income tax collection will be less than interest on the Federal Debt. There are payroll taxes that mostly pay for Social Security and Medicare promises, but right around the corner is a time when the government can’t afford anything else.
Roughly 30% of state income comes from the Federal Government. Imagine the sacrifices those cutbacks will entail.
Few Americans understand just how bad things were during the Great Depression. This time will be worse, especially because of so many relying on government assistance. On top of that the reality of social programs and pension plans being Ponzi schemes will become apparent.
While almost no place in the world will be unaffected, some places will be less affected. There are no perfect places to go to, so it’s important to understand the tradeoffs.
My destination location may be different than what would suit you. As with many of you, my ability to act depends on eliminating my debt service so I can afford the move.
This destination is Belize.
Belize is a poor country and will be so after the collapse.
The United States used to be a rich country and is now the most financially underwater country. Unfortunately, most Americans still believe we’re the richest country in the world. I believe that change will greatly increase crime and violence in the US.
In the grand scheme, nobody cares about Belize – there are no vast resources (like oil) that would cause it to be invaded. For those traveling on land between the Americas, Belize is out of the way for that journey.
The official language is English, so any legal and medical dealings you have would be in English.
You can be licensed for a small firearm.
It is hot – typically in the 80s years round on the coast. Here in Dallas, we’d love to be that cool in the summer. In the winter, it’s slightly cooler, but no need for heating (or heating bills).
It is humid on the coast – also in the 80s. That’s about 10 points higher than Houston.
I’m focused on Ambergris Caye and much of this discussion is about this location.
Health is a big part of my decision and most of health is a healthy lifestyle.
I’ll be able to enjoy Vitamin D without supplementation year-round.
Transportation on the Caye (pronounced “key”) is by golf cart, bike, or walking. I’m looking at 3-wheel cargo bikes for us.
You won’t find American fast food restaurants in Belize. There is some availability of American processed foods in grocery stores, but expect to pay at least 3 times the price for that junk.
Fresh fruits, vegetables, and seafood are available year-round.
Life runs on “island time” – slower, and a lot less stressful.
On Ambergris Caye a one bedroom furnished apartment can be had for as low as $1,000 a month.
There are two programs for becoming long-term residents – the Qualified Retirement Program and Permanent Residency.
Belize is close to the US and with a direct flight, you can be in Houston or Miami in less than 3 hours flight time.
The Belize dollar exchange rate is set at $2 per US dollar. Sometimes prices are listed in US dollars and sometimes in Belize dollars. Just be aware of this when you research prices.
Belize isn’t perfect, but it should be an alternative to consider over the US for the next 20 years.
Especially attractive for those of retirement/Social Security age.
That was issued without considering prophecy. I still believe there will be a grid down time, but that will be at the end of the 7-year tribulation.
Given what I’ve learned over the years, my advice now is to get out of the United States, if you can, while you still can.
Even the US Treasury is saying by 2024 that income tax collection will be less than interest on the Federal Debt. There are payroll taxes that mostly pay for Social Security and Medicare promises, but right around the corner is a time when the government can’t afford anything else.
Roughly 30% of state income comes from the Federal Government. Imagine the sacrifices those cutbacks will entail.
Few Americans understand just how bad things were during the Great Depression. This time will be worse, especially because of so many relying on government assistance. On top of that the reality of social programs and pension plans being Ponzi schemes will become apparent.
While almost no place in the world will be unaffected, some places will be less affected. There are no perfect places to go to, so it’s important to understand the tradeoffs.
My destination location may be different than what would suit you. As with many of you, my ability to act depends on eliminating my debt service so I can afford the move.
This destination is Belize.
Belize is a poor country and will be so after the collapse.
The United States used to be a rich country and is now the most financially underwater country. Unfortunately, most Americans still believe we’re the richest country in the world. I believe that change will greatly increase crime and violence in the US.
In the grand scheme, nobody cares about Belize – there are no vast resources (like oil) that would cause it to be invaded. For those traveling on land between the Americas, Belize is out of the way for that journey.
The official language is English, so any legal and medical dealings you have would be in English.
You can be licensed for a small firearm.
It is hot – typically in the 80s years round on the coast. Here in Dallas, we’d love to be that cool in the summer. In the winter, it’s slightly cooler, but no need for heating (or heating bills).
It is humid on the coast – also in the 80s. That’s about 10 points higher than Houston.
I’m focused on Ambergris Caye and much of this discussion is about this location.
Health is a big part of my decision and most of health is a healthy lifestyle.
I’ll be able to enjoy Vitamin D without supplementation year-round.
Transportation on the Caye (pronounced “key”) is by golf cart, bike, or walking. I’m looking at 3-wheel cargo bikes for us.
You won’t find American fast food restaurants in Belize. There is some availability of American processed foods in grocery stores, but expect to pay at least 3 times the price for that junk.
Fresh fruits, vegetables, and seafood are available year-round.
Life runs on “island time” – slower, and a lot less stressful.
On Ambergris Caye a one bedroom furnished apartment can be had for as low as $1,000 a month.
There are two programs for becoming long-term residents – the Qualified Retirement Program and Permanent Residency.
Belize is close to the US and with a direct flight, you can be in Houston or Miami in less than 3 hours flight time.
The Belize dollar exchange rate is set at $2 per US dollar. Sometimes prices are listed in US dollars and sometimes in Belize dollars. Just be aware of this when you research prices.
Belize isn’t perfect, but it should be an alternative to consider over the US for the next 20 years.
Especially attractive for those of retirement/Social Security age.
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