Opher Ganel
Oct 29, 2023

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I wish I could contradict your feelings, but I think any resolution of the problem will be long and painful, especially for the have-nots.

As for moving abroad, estimates I read say there may be as many as 9 million US citizens living abroad (less than 3% of US citizens), with an annual outflow of about 100k (0.03% of population).

That's a drop in the proverbial bucket, and our population here grows at a rate of about 0.1% annually.

Moving overseas isn't easy from many perspectives - language, culture, costs to reestablish yourself, work permits, etc. Overall, I don't think this is a viable solution for most.

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Opher Ganel
Opher Ganel

Written by Opher Ganel

Consultant | systems engineer | physicist | writer | avid reader | amateur photographer. I write about personal finance from an often contrarian point of view.

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