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Small-Scale Question Sunday for February 18, 2024

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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Hard to predict how the global economy would change. I’m in a not dissimilar position and I’ve made peace with it. Tax havens aren’t a huge help; they exist, ultimately, because the largest Western nations allow them to (like Switzerland’s banking laws until the US decided they’d had enough). There’s no reason not to stash money around if you have it, maybe gamble some in crypto, have some in different things all over the place. But I’m skeptical that it’ll make much of a difference.

The best strategy, I’d say, is to find and move to the highest quality (not just richest) country you can; resilient systems of government and competent peoples will manage the transition best. For my money, the world’s best two countries to weather a big social transition (as a citizen) are Denmark and Switzerland. New Zealand will probably be fine too. The rest may be a crapshoot. I think economic systems may change in unpredictable ways, but the most stable places to live probably won’t.

You can’t borrow against a promised inheritance from someone who can still change their will while alive. Perhaps in countries where parents cannot disinherit their children, like France, it is different - i’m not sure.