Relocating: When Should You Do it? | General Discussion Table | FORUMS

I love the discussion pertaining to the relocating topic. Just want to add my 2 cents: one of the most disturbing documentaries of all time was the construction of the Berlin wall. After WWII, the differences in the Socialist and Capitalist systems were becoming apparent and Berlin was at the epicenter. People were flocking out of the Eastern section to the West due to the much higher Standard of living until 1961, when the wall was built. Then, any attempt to cross over was severely repressed. So, when to bug out? Obviously, when you start to see the door close in front of you, you won't want to wait it out. Another consideration might also be capital controls: as the US is debasing its currency, you may want to consider at least moving some of your assets out of the country. I'm going on vacation in a couple months to the Cayman Islands and am going to see about opening a bank account there.