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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: newfydog ✸⎊  😊 😞
Number: of 86253 
Subject: Re: OT, out
Date: 03/17/25 1:41 PM
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Wow! My wife gives me the same reasoning every few days, she wants to leave. Return to Canada or go to the EU via a Portuguese visa. I'm older now and don't feel up to drastic actions.

The currency issue is one I don't know much about and hate being forced to address it. We've lived many places, and I've just tried to keep all my living expenses in local currency. Over the years it worked very well in Germany, Switzerland, France, Singapore, and Canada. It would have been a disaster in Indonesia, but that was the one place I made an exception.

As far as currency for the main nest egg, I see a catch-22. The USD is the main currency of global economics. I don't see that changing without a major upheaval. Major upheavals always result in a flight to safe haven US dollars. Fortunately the living expense rule (and expenses of my heirs) helps me on that one.

Thanks Jim for sharing your thoughts. We have plenty of thoughts, but can't come up with an action.

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This community has written 356 posts about Living Abroad. The article-length ones it recommended most:
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