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Culture War Roundup for the week of June 1, 2026

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Why is Peter Thiel Moving to Argentina?

Some Irresponsible Speculation

Billionaire Investor and ideologue Peter Thiel has publicly announced that he is moving to Argentina. Among a grab bag of explanations that included nuclear war and AI risk, along with the obvious implications of the California wealth tax on his residency, Thiel reportedly was concerned about the political direction of the United States. Given Thiel's ties to much of the American political right, what does this tell us? What should our Bayesian update be from this information?

Some possibilities:

-- Get the obvious out of the way: Nothing ever happens. This is a non-event, Thiel is moving for publicity or tax reasons, and the announcements are just him engaging in punditry.

-- Alternatively, none of this may indicate anything because Thiel himself might be stupid/mistaken/prejudiced/insane.

-- Thiel is in deep with MAGA, but thinks that the wind is changing direction, the MAGA project has failed, and he doesn't want to be left holding the bag in America when the left comes back into power. This seems like a sub implication of the action even if he doesn't believe it, because his very act of fleeing and blaming the political climate will tend to reinforce the idea that MAGA has failed and increase the odds of it failing.

-- Alternatively, Thiel thinks MAGA will be triumphant, but Thiel is on the outs with The Donald, and he is concerned about being targeted after Trump turns on him. Moving to Argentina is an attempt to hedge risk.

-- Thiel is a true believer in the Argentine project, and thinks Millei-ism will succeed beyond all our wildest dreams.

It feels like something big for Thiel, who is intelligent and well informed if perhaps nuts, to make this move and publicly announce it is motivated by the state of the union.

Other option: the geo-physical event is coming in the near to medium term and he’s moving to safer territory. At least that’s where my mind went. South America is speculated to ride things out better than North America.

Edit: on a more serious note (not implying the GE is not serious, just less serious), maybe he just realized NZ is a terrible hedge. It seems to me that the commonwealth countries are far more pozzed than the US. It seems hard for me to imagine the government there will be friendly, despite what money can can throw around. As someone else mentioned, if shit hits the fan, they will not let him live the good life while their fake country collapses.

As someone else mentioned, if shit hits the fan, they will not let him live the good life while their fake country collapses.

I saw a tweet which read something to the effect of the best hedge for a billionaire against instability is finding a clannish small community somewhere in Appalachia and adopting it. Pour money into roads/schools/businesses, sponsor local events, and otherwise do literally everything you can to engender as much good-feeling in the community as you possibly can. Practice the kind of noblesse oblige Chaucer would have approved of. Live in an estate not a mansion. Total out of pocket cost could probably be kept to the low millions. Of course these people aren't stupid, if you're just phoning it in they'll know and they'll take your money and smile and fantasize about putting your head on a stake, so if you're as an individual completely incapable of caring about anyone other than yourself this may not work very well.

Historically, you have to marry into the local elite and have children recognized as part of the in-group for this to be effective. It doesn't always work but it's the mostly reliable path for outsiders to integrate. YMMV and it may take multiple generations. Doesn't work if you're publically gay, though.

Almost surely won't work in Appalachia if you're out and gay.