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Tag Archives: relocation

  • Insider

    Creating A World Worth Inheriting

    These opportunities excite me the most right now
    by Chris Martenson

    Friday, May 17, 2019, 6:14 PM

    37

    Executive Summary

    • Changing your fate requires action today
    • Here’s the action/opportunity I’m most focused on today in my own life
    • How to step into an “elder” role, if you have the courage
    • How to create a world worth inheriting

    If you have not yet read Part 1: The Path From Survival To Significance, available free to all readers, please click here to read it first.

    Our mission at Peak Prosperity is to “Create a world worth inheriting”. Every single day we feel like we’re doing everything we can to move towards this goal. But some days, it feels like our efforts may not be nearly enough to get the job done.

    But while our own actions may be insufficient, they are necessary. And paired with the steps you take, and those of the hundreds of thousands of other PeakProsperity.com readers, our odds for success exponentially improve.

    I’d like to slip out of ‘convincing mode’ for this piece. Because so many people still seem to be unaware of our many predicaments, I often find myself leaning towards lining up all the evidence, in the hope that I can open a few more eyes.

    But not today. We all know the score. We’re collectively on a terribly unsustainable course. The data is overwhelming at this point.

    All of this then, leads to the idea that to create a world worth inheriting we have to first admit that our society is not on track to do that.

    It’s up to us to plan accordingly, based on what our own eyes, ears and hearts are telling us is true.

    Mine tell me that there’s a better way, one that does not involve squabbling like primitive monkeys over key resources.

    And then we must be willing to change on a very deep level. Both internally so we can be proper elders and compatriots to those around us, and externally as we move into a life of consuming less.

    I look around and I see people using their big brains to work with nature, create abundance, and believe in ourselves as creative forces for good.

    The opportunities that are capturing my personal attention most and are inspiring me into new action in my own life are…

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  • Insider
    ESB Professional/Shutterstock

    The Benefits & Challenges Of Maintaining A Retreat Property

    Be smart when making the decision to purchase one
    by charleshughsmith

    Friday, April 14, 2017, 10:18 PM

    12

    Executive Summary

    • The matrix of factors to consider in a Plan B residence
    • What to know abot eacf of the five key factors
    • Not all second homes are fully functional
    • The challenges & benefits of maintaining two separate fully functional residences

    If you have not yet read Part 1: Does Your Plan B Include a Second Place to Live if Plan A Doesn’t Work Out? available free to all readers, please click here to read it first.

    In Part 1 we reviewed the three basic categories of Plan B Residences: temporary (to ride out an emergency); semi-permanent (to weather a recession/loss of income) and permanent (replacing Plan A residence with Plan B residence).

    In Part 2, we’ll consider a Matrix of Factors that will help us choose the inevitable trade-offs of costs and benefits, and add a category—permanent maintenance of two fully functional residences.

    The Matrix of Factors

    While there are many factors in any Plan B, I’ve pared the key factors in Plan B residences down to five: cost, control, security, depth of resources and functions enabled. Each is on a sliding scale from low to high. There are costs and benefits to each being low, medium or high.

     

    Let’s go over each factor.

    Cost:

    While cost measured by price is self-explanatory, this also includes opportunity costs (what else could have been accomplished with the money?), time (the hassle factor of how long it will take to get something done) and labor—how much labor must be invested to accomplish a goal.

    There is even a stress cost: how much will this goal/project add to my stress load? Even if the money needed is on hand, the overall cost can be high in terms of time, hassle, stress and opportunity cost.

    Control:

    By this I mean ownership (of the land, the house, etc.), contractual control (of jointly owned assets, of any hired labor, etc.) and functional control, i.e. residency.  As many have discovered to their regret, it’s possible to have legal ownership/control but end up with effectively zero functional control, as your house might be occupied by squatters or family members who morphed from allies to enemies.

    Control is important because…

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  • Blog
    TrueActivist.com

    Having A ‘Retreat’ Property Comes With Real Challenges

    About that bug-out plan...
    by charleshughsmith

    Friday, March 31, 2017, 5:07 PM

    13

    A flurry of recent headlines has highlighted the financial elites’ interest in secure retreats (a.k.a. bug-out locations) should the trucks stop rolling. 

    The intuitive solution to many, from the super-wealthy on down, is some version of a hideaway in the woods: a remote locale known only to the owner, where the owner can burrow safely away until the storm passes.

    It turns out security and independence are tricky qualities, and surprising reversals are not just possible but likely: what appears to be secure at first glance might be highly insecure, and independence turns out to be highly relative.

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  • Blog
    Jingran Hu | Dreamstime.com

    Rising Resource Costs Escalate Odds of Global Unrest

    The critical 40% income-to-food threshold
    by Chris Martenson

    Wednesday, May 14, 2014, 2:34 AM

    14

    As we observe the growing unrest in Ukraine, there is the usual rush to ascribe a cause. Was it meddling by the West? Russia? Was it corruption by prior leaders? Simmering resentments that stretch back centuries that finally erupted?

    The answers apply to Ukraine as well as to many other countries. Which is why having an accurate framework, a clear 'lens' for seeing what is actually transpiring, will prove far more useful to you than 99% of what you will hear on the ni

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  • Insider
    Keremgo | Dreamstime.com

    What To Avoid When Relocating

    Whether in or outside of your home country
    by Chris Martenson

    Wednesday, May 14, 2014, 2:34 AM

    28

    Executive Summary

    • The math explaining why Ukraine was a predictable flashpoint
    • Why the IMF's "help" is about to make the Ukranian situation a lot worse
    • Implications for those considering relocating inside or outside of the US
    • Chris' "must have" ingredients that make a potential relocation destination worth considering

    If you have not yet read Rising Resource Costs Escalate Odds of Global Unrest, available free to all readers, please click here to read it first.

    Ukraine

    Now back to Dave’s original series of questions. I think that Ukraine was primed and ready for a shove into instability.

    There’s a well known psychology experiment where two male rats can be placed in a cage where they will live somewhat happily as long as they have sufficient food. However, if painful electric shocks are applied to the floor of the cage in such a way that the rats cannot escape, the two males will begin fighting.

    Keep up the shocks long enough and the fighting will be severe, even to the death.

    What’s happening? The rats lack the context to know that the shocks are coming from outside somewhere. The only thing they can project their discomfort onto is the only other living thing in their sight – the other rat.

    So they fight.

    Similarly, the people of Ukraine lack the context to know just who is to blame for the unpleasant conditions in which they live and seemingly cannot escape. So they blame each other and fight each other. They blame the President and so he’s gone. But the next one, and the ones following, will be just as bad; and eventually they will each be in turn ousted, too.

    The problem is the shocks are not being caused by players they can see and blame. We’ll get to more on that in a minute.

    By the numbers, the …:

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  • What Should I Do?
    Photo: Amanda Witman

    Moving to Town

    One family’s journey toward greater resilience
    by Amanda Witman

    Tuesday, October 30, 2012, 6:54 PM

    8

    Last year I was living with my children in a worn 1969 split-level ranch-style house on an acre, ten rural miles from the nearest town hub (technically a city, with a population of 12,000.)  This year we moved to a 1920s two-story Victorian on a tenth of an acre, right in the heart of that city.  I’d like to share how we made that decision and increased our resilience in the process.

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  • Blog
    Blue Sunburst Peak Prosperity Logo

    A Primer for Those Considering Expatriation

    by Mark Nestmann

    Thursday, March 22, 2012, 1:32 PM

    27

     

    A growing number of Americans are frustrated with the way in which their economy has been managed and are becoming increasingly concerned about future measures the governement may take to keep its coffers full.

    A question that is arising with increasing frequency is: does expatraition offer a viable protection to those concerned about a more financially-intrusive US system?

    The answer is 'yes', it does offer a completely legal solution for ending your obligation to pay US income, captial gains, and gift taxes on your worldwide income. But it is certainly not for everyone and should only be pursued after lengthy and diligent consideration.

    And before you begin dreaming of a tax-free future, you should realize that the United States imposes taxes on a broader basis than any other country. The United States is one of two countries, and is the only major country, that imposes significant income, capital gains, gift, and estate taxes on its non-resident citizens.

    In virtually all other countries, individuals end their liability to pay income tax after a sustained period of non-residence, generally one year or longer. But to legally and permanently end U.S. tax liability on their worldwide income, U.S. citizens must also give up their U.S. citizenship and passport. This process is called "expatriation."

     

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