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To: oblomov
"There are countries that are emerging as safe havens.

Which countries are you referring to?
20 posted on 08/02/2016 8:19:19 AM PDT by indthkr
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To: indthkr

Look at the top 10 in the Heritage Economic Freedom Index (US is #11 and declining):
http://www.heritage.org/index/ranking

UK has sick banks that aren’t getting healthier. Same with Canada. And Canada appears to be headed for more socialism.

Estonia is great, but there is geopolitical risk due to proximity to Russia.

Switzerland, HK, and Singapore are very expensive. But if you can afford it, HK is the ideal safe haven. Cosmopolitan, entrepreneurial, and free, with the most robust banking system in the world.

So that leaves Oz, NZ, Chile, and Ireland. Rule out Ireland because it’s in the Eurozone. The remaining three countries are resource rich, have strong property rights, and easy access to global markets.

So these are the “blue chips”. Some red chip candidates might be Poland, Argentina, and Botswana, all with risks but the potential for a big payoff as economic freedom is strengthened.

Your thoughts?


24 posted on 08/02/2016 9:34:43 AM PDT by oblomov (We have passed the point where "law," properly speaking, has any further application. - C. Thomas)
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