Doug Casey: Third World Countries vs. America

Check out our article ''5 Countries With The Highest Inflation in The World''
nomadcapitalist.com/global-ci...
Join the Best Offshore Conference - Nomad Capitalist Live 2022 - on September 21-24 in the most vibrant city in the world, Mexico City:
nomadcapitalist.com/live/
The full interview with Mr. Casey:
• Doug Casey: The Intern...
Are you wondering how you can meet the president? What are the differences between the life of an American entrepreneur in the United States and in the second and third-world countries? In this video, Andrew interviews Doug Casey, The International Man. Watch as they discuss living in Latin America, third world countries, economic citizenship, and meeting with the world leaders.
00:00 Start
01:30 Government of Argentina
03:40 Expat life in Argentina
05:18 Taxation in Uruguay
07:12 The Driving Law in Uruguay Doug Casey doesn't like
08:08 Investing in Africa
09:08 How to Make Connections Anywhere in the World
12:57 "Hong Kong on Steroids" Plan
15:16 Meeting with the President of Grenada
16:03 CBI Program in the Caribbean was Doug Casey's idea
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: nomadcapitalist.com/about/
Our Website: www.nomadcapitalist.com
Subscribe: kzbin.info_...
Buy Andrew's Book: nomadcapitalist.com/book/
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

[@jimbo7577]

I've lived a good part of my adult life overseas, and I know what Doug means about 3rd world corruption, but I think he's got it partially wrong. America is a very corrupt nation at the top, In the US, corruption can be structured in a way that shields the perpetrator from the law. It is still corruption, and the damage is real and keeps getting worse. the politician that goes to Washington to 'serve' and retires with a net worth of 100 million is an good example of this.

[@grancitodos7318]

@limon ysal What is up with this drive drunk shit, have you been government media propaganda indoctrinated, look at my comment on the subject, and get a real education.

[@Shadowrac3000]

It’s like the difference between organized crime and low level crime ..America engages in “organized corruption” while 3rd world engages in “raw corruption” which is a lot more honest and that we all can see… like a mugging vs a organized heist. America has to Maintain a ideological image, but they been slipping lately. 😂

[@grancitodos7318]

@@Shadowrac3000 Although, I received your reply, you no longer appear in the replies, poo tube is doing this a lot, something needs to done about the criminals.

[@anderspersson7084]

Corruption in todays world can look very different from the expectation we got from old type of low level corruption, we tend to think about two parts exchanging favours as corruption, but in todays world corruption is 2.0 or 3.0 in developed countries, there isn't much money directly changing hands and favours done directly by the receiver of that money, today it's more favours exchanged but not between two parts, instead it's done by personal contacts within different organisations like a chain reaction in a chain reaction where people ask for favours from people inside in other organisations that are not directly involved in getting favours directly in yhe deal, playback for that is coming later in other deals not connected to the first deals, and payment or favours aren't allways money or material, it can even be as simple as some inside information, or socialmedia attention so they fast grow followers as influencers, or the payback comes in their career from a third or fourth part were one of them uses personal contacts with people inside that organisation, today "follow the money" approach from investigators has changed how corruption take place in developed countries, and therefore it's much harder to spot, and it goes more to the high ranked than the average person on lower levels, corruption today is a networking thing with personal contacts within multiple organisations that can create chains of links were it becomes very hard to prove that corruption took place because it's nowhere in documentation that can be searched.

[@nomadnomad8571]

@jimbo, spot on.

[@tompham637]

“ In Singapore, there is no freedom of speech “. Don’t forget this fact. He is correct in mentioning this fact. People tend to think Singapore is a democracy country but they don’t know the reality.

[@jounakamura7094]

Democracy works with high educated individuals. Western world is not the case anymore. We would do better with Lee Kwan Yu as president.

@@jounakamura7094 then you deserve him

[@medialcanthus9681]

@@michaellalanae7228 if you are not a citizen or you don't live there long enough to understand, don't smear Singapore. And if you are a citizen or resident, I suggest you leave and not infect the rest of the good folks who are satisfied enough.

[@gmailazerty]

Its a dictatorship where people do well

[@rickonethousand6304]

Democracy does not equate to being able to speak freely. In a true democracy if 51% vote for suppressed speech, then that's what you'll get. America isn't a democracy, regardless of what many politicians espouse. America is a Constitutional Republic with an Electoral College. I'm very happy this is the case.

[@user-bk2vg7ym5w]

Would much rather pay a cop $50 to leave us alone than go through all of the shit that pull...U.S. takes extortion to a different level...the cops get a cut...the lawyers get a cut and the court gets a cut...

[@Captain_MonsterFart]

Yeah but what if you regularly have to pay cops fifty bucks? At least in the USA or Canada you generally never interact with courts or cops.

[@user-bk2vg7ym5w]

@@Captain_MonsterFart That's why U.S. has the biggest prison population on the planet and the prisons are privatized for-profit...You need to do your homework there is a lot you don't know and a lot that is going on behind your back...Have you ever been to court?? Just one court is shuffling 100's of people a day through...And there are 10's of thousands..Spent 4days in jail for swearing at a bar...it's the ignorance of the sheeple that allow all of that to go on and it only gets worse...And it's all for profit

[@RedScareClair]

Well said. Nothing like getting a 30 dollar summons with 250 dollars in court costs 🙄

[@lw5495]

@@Captain_MonsterFart that also depends on race. For example, just one of many: I'm a professional, a black one though, one nice day I was walking down the street to my office job, and boom here comes a patrol car, and he says I fit the descof a suspect hand over your I'd, then boom here comes backup. I'm just a guy walking to the office one morning, and since I didn't want the hassle I just gave up my I'd so that I could just get to my desk and work.

[@drewmorg.]

@@lw5495 That's happened to me a few times, in my own upper middle class suburban white neighborhood, these rare occurrences are not unique to black people sorry to say. I've been pulled out of my truck as a teenager at gunpoint by the entire PD before. Driving around midnight. These things happen if you spend enough time in the world. I've been to Mexico plenty of times, you should expect at least one run in with la Policia EACH time you go. Have your cash ready.

[@maxflight777]

I relocated 3 years ago … U.K. to Portugal. I completely love it here. Possibly the worlds best seafood, tasty coffee. Zero crime. Breathtaking coastline populated with affordable restaurants. Wonderful motorcycle rides (dirt and road) . Cosmopolitan social life with Canadians/Dutch/Swiss/French/South African friends and neighbors. Oh and you can wear shorts and cook outside 9 months out of 12.

[@abdiellawrence397]

I went to Portugal in January 2020....Ramiro's is the best seafood restaurant I ever went to and I miss it dearly.

[@expeditionconfidential8853]

Immigrating to Portugal in September. I simply cannot wait.

[@Isphanian]

Horrible invasion.

[@helenagreenwood2305]

Are you single...asking for a friend lol 😀

[@expeditionconfidential8853]

@Krishna U.S. Resident currently....until we can renounce. 🙂

[@AbrewOfMusic]

All genuine and accurate intellectual comments below about this individual's state of mind aside, why do I feel as if this man is still living in the 80s as some opportunistic Banana Republic "businessman" in an episode of the 'A-Team'.

[@fairplayer7435]

LMAO... but not much has changed in the Banana Republics since the 80s.

[@norbertk.5328]

You are just jealous that this guy have money and had a life.

[@steverobertson6393]

Aw yea! Wait. Honestly, is that bad thing? Ha ha! Cause I'm not gonna give a sh@t, it is! Good on ya, mate!

[@adampro1797]

😂😂😂😂😂🎉

[@yuriyu123]

@@fairplayer7435 It has. The US has joined the Banana Republic "golden club".

[@azrulfyz1162]

In the US, they dont need to bribe the gov officials, just offer them a corporate post... its a done deal... they make even more money then merely a bribe... come on we know better then that... 🤣🤣🤣

[@jamesc2899]

Nonsense. Acting politicians cannot be offered any jobs by private companies. They can only take such jobs after they resign from politics.

[@azrulfyz1162]

@@jamesc2899 that was the clue... 😁

[@donh5794]

@@jamesc2899 Contributions come until they are available for the job with a high offer.

[@jamesc2899]

@@donh5794 I don't think you really know what true corruption is in this world. Go to Russia and China and you will see real corruption, in the billions of $. One of the main reasons immigrants come in waves to America and Europe is "no corruption" in the West compared to where they come from.

[@donh5794]

@@jamesc2899 You actually believe that? It's just a different form of the same. The reason they are in America is to get into a more open country, join family, friends and for jobs. Also, the infrastructure is much better. It's not just about corruption from their view. They do find that they will still pay up one way or another.

[@cryptolohy7290]

"You are most definitely corrupt,... I mean correct" LOL The face of andrew looking awkwardly at the camera jojojo

[@vvventure]

As an argentinian, the private world already had instruments and costumes to get around the formal system. Sometimes from corruption, but in others, is just black market (of course through corruption aswell). For instance, in some places you pay everything with cash and it doesnt get registered anywhere, so sometimes, they offer you a 15% discount if you do it that way because they avoid pay taxes. Dollars are basically illegal, but in my town I have an exchange store with neon lights in the middle of the city center with people buying the black market dollar. Every law and regulation the 100 "bright" politicians came up with is rapidly surpassed by millions of argentines trying to figuere out a way around it. Its pretty funny. The only thing that made us fucking poor is that the government controlls currency and we are forced to use it. I genuinely believe that if someone make a monetary reform like dollarizing the country will go up pretty quickly and its really difficult for the government to reverse that.

[@donh5794]

Is it true that locals pay hundreds of pesos for $1 U.S. dollar? That seems strange. If dollars are illegal what are the dollars used for? Black market?

[@vvventure]

@@donh5794 200 pesos is a dollar in the black market, is called dolar blue. We used it for saving and Argentina is semi-dollarized. Important assets and goods are valued in dollars, like property and you pay them in USD. Argentina is the second country with more dollars per-capita

[@donh5794]

@@vvventure That is interesting.

[@lukek1949]

@@vvventure This is really interesting, but it's also what I've heard/read about informally. I read somewhere that about two-thirds of the physical U.S. dollars are not even in the U.S.! Many countries with endemic inflation have found ways to cope. The U.S. dollar, which actually has a lot of inflation attached to it now, is still historically far better than a lot of places. When we travelled to Vietnam, the U.S. dollar was freely accepted informally. In places like El Salvador, the U.S. dollar is officially used. Even the dollar coin, because of its obvious durability over paper, is more frequently used than in the U.S.!

[@JenniferoftheSea]

Bitcoin is a thousand times better in every way than the dollar.

[@AndrewJohnson-en2hb]

Western countries like Australia (where I live) do not have the same level of corruption, but they excel at rorting money from their citizens by other means and squandering it with zero accountability or consequence. The corruption and rorts are somehow legalised. For example, speed cameras, politicians on exceedingly good retirement pensions, cushy, lucrative roles on corporation boards or directorships with banks after politics (to oil the wheels of business deals), endless taxpayer funded expenses that private sector workers are not privy to.

[@1mol831]

It’s just another form of corruption that many of the citizens happily support it because it maintains their perceived normalcy and feeds into their pride of living in a country with “low corruption”

[@peteranderson6068]

I will never live back in Australia, just returned over tax’s more authoritarian than a lot of socialist countries I have visited . So sad and inflation must well over 10% .

[@oasis5683]

@@peteranderson6068 So stressful to live in Australia. The cost of living goes to the roof every year.

[@jimjonez5068]

As an Australian myself who has lived in most states, and travelled too many countries. We are definitely the most corrupt 1st world country, and yes corruption is legalised here, life in Australia is horrible and it ain't easy to get out and move due to visa/language reasons if you were to decide to go to europe etc. And that we are so isolated from everyone so travelling is a nightmare. It's the pinnacle country of tyranny and control with overpowered police.

[@havilahfarm1591]

@@jimjonez5068 NZ is fast catching up to completely being an awful place to live.

[@user-qy7sl5yn1r]

Guy is just straight up saying he's corrupt lmao

[@user-lt6kk9yc6o]

Fuck the State

[@MENASSEHTRIBE]

Indeed, this white man goes to the 3rd world country and render it more corrupt. He is guilty internationally.

[@shawn3d]

Honestly the inefficiencies of 3rd World countries can be a real blessing even for day to day life. There is also a level of negotiation and empathy that happens with the law enforcement and legal structures. South Africa is a prime example of this. Naturally not all 3rd worked countries are like this and one needs to do their research before entering one of these countries

[@aphilippinesadventure9184]

"You have all these laws, but you can get around them." LOL Perfect. AKA the express fee...

[@hoppeanofasgard1365]

It's true, having been to Mexico many times and Colombia a couple times I can safely say that it's easy to get around 90% of laws by paying a simple bribe to the correct people.

[@angeltobit878]

I like the term, “express fee”.

[@anderspersson7084]

Think if all these laws actually were created just to get someone a job either to punish the one who breaks them, or make it possible for the politicians to underpay their policeforce by knowing bribers are the ones that going to fill upp their wages to a liveable level ?

[@aphilippinesadventure9184]

@@anderspersson7084 Not sure of the motivation but they absolutely work that way!

[@aphilippinesadventure9184]

@@angeltobit878 The funny thing is, there actually are "express fees" officially for some things, so asking about "an express fee" is legit...

[@Gibberish1983]

The US is practically a Third-world country right now. The level of poverty is reaching Africa-like levels. Doug is still living in the 20th century. Or perhaps it’s because he hasn’t lived in the US for so long?

[@Gibberish1983]

@@Zummbot I was actually born and raised in Colombia (which Doug would definitely consider Third-World) but have been living in Europe for over 20 years. Whatever Doug said in this video is not new to me.

[@ishastrega6851]

I agree with you and as a US citizen have lived in all throughout the Americas and Europe. Yankees are in denial when you have third-world diseases in major US cities from the homeless populations - as an example.

[@TheThreatenedSwan]

Less than 1% of the population are at subsistence levels of poverty, so maybe you're just thinking about how violent Africans are?

[@davelawson2564]

@@Gibberish1983 LOL . you screwed up dummbot and his dumb assumption about you! 😄😄😄

[@Ziegfried82]

I wouldn't say Africa levels but it's getting bad. Large sections of the USA are impoverished now, in disrepair and crime ridden. Meth is rampant in rural areas. Most of the big cities are experiencing a massive crime wave.

[@arturofeola5421]

Mr. Doug should go and check the correct position of Uruguay on the list. According to Corruption perception index 2021 Uruguay is number 18, yes 18. Is the less corrupt country in the entire America while the US is in the 27th position.

[@p__jay]

1. He was saying Uruguay is one of the two least corrupt countries in Latin America. 2. You speak about America and you clearly forgot about Canada!

[@MariaBelenSeyssInquart]

Those two guys know the Spanish language just enough to take an Uber with an app. Do you think they can know the real Argentina and Uruguay better than we do?

[@steverobertson6393]

shame. pervasive corruption should carry the label "equal opportunity corruption". I want a place where not just billionaires get to be participate in it (cause they do EVERYWHERE). We want equal opportunity corruption! When do we want it? NOW!

[@JR-ek4xy]

I relocated to a developing country from the US 🇺🇸, best decision of my life

[@latinaalma1947]

Me too Guatemala it is great, been here since 2004 full time since 99 part time just to test the water before the FT move.

[@wpetersen1081]

Which country did you relocate to?

[@swoldier1016]

Same here, 5 years ago.

[@bullsharkdb]

@@latinaalma1947 guatemala a developing or a 3rd world country...huge difference

[@heavenismydomicile3280]

@@bullsharkdb some people say the guatemalan quetzal is 1 of the most stable currencies in the world

[@fredb303]

The conversation is all over the place

[@matthawksworth]

I love it

[@8House]

He's saying how stupid the people and governments of Argentina and Uruguay are and he's going to go back with no consequences? I'm not questioning his assessments or even his right to make them, I just wonder how this will affect him in the future.

[@TwoDollarGararge]

Just write a check problem solved

[@capitolia]

NOTHING will happen.

[@matthawksworth]

nobody gives a f

[@heavenismydomicile3280]

He’s been saying things like this for years,nothing has happened or ever will,if something was going to happen,it would’ve happened a long time ago

[@Killajmj]

dude is 80

[@gusboy20]

I find this interview informative but having visited both Argentina and Uruguay, and later the US, to brand them third-world countries is insulting, they are not first-world either, but from America's point of view they're always the benchmark of first-world, well, guess what, that's not how europeans see you either. I visited parts of America that are much more third-world than in these two countries, so please be more mindful in the future when using that word, otherwise, what would you call the real third-world countries in Africa? just my 2 cents...

[@Felipe-fn7fp]

US is a 3rd world country compared to Singapore, Dubai, Litchenstein, Japan, Qatar, the list goes on. You been to Detroit or San Fransiko? Don’t dare walk there at night, you’ll get killed for your shoes. The word is just an attempt to label something, in this case, countries less often considered.

[@alecapin]

In Uruguay, the poorest African countries are called “4th-world countries”, they were called this way since I was in primary school in the 80’s. But Uruguay was much better back then. It is sad how Uruguayan society has fallen to pieces in the last two decades.

[@heavenismydomicile3280]

@@alecapin socialism always bites you in the ass

[@heavenismydomicile3280]

@@Anyways936 true

[@alecapin]

@@Anyways936 true true. Postal service in Sweden is worst than third world.

[@christophermisir8140]

At minute 4:40 sums it all up… don’t get involved in local politics and you will be just fine.

[@AbrewOfMusic]

Just keep your bags packed, cause eventually, the political landscape may change unexpectedly overnight and you may not even see it coming.

[@rickchandler2570]

haha, I like what you said about protesting. If you feel the need to have to participate in a protest, find somewhere else to live. Great way to look at it.

[@marketmagus]

Then why did he support the Freedom Trucker convoy in Canada? I don't really get it.

@@marketmagus he did not live in Canada.

[@FreedomTalkMedia]

@@marketmagus He doesn't live there

[@YenNguyen-yu5dc]

Well, tell me if this is not a corruption. 3 weeks ago, I needed to get my son’s emergency passport. He’s under 16 yrs old. I had to go through Agency and paid $700 fee for them, on top of the government’s fee+ $60 expedited fee. And they did nothing for us. We made the appointment, filled out application ourselves. After that, we sent the sealed package to the Agenc then they submitted to the government. So, even we paid $60 expedited fee to the government. We won’t have the pass in hand in 5-7 weeks. But to get it in 11 days, we had to paid $700. 5 days will cost over $1,000. So, I don’t see America system is any much different than other “corrupted” countries that this guy mentioned.

[@steverobertson6393]

Would ya rather still be in Vietnam? Think, bozo! You paid for the privilege. Is that corruption? Then, yes. It is. Other people call it a fee. Just don't be so shocked. At least the option was available. What would you have done if it weren't?! Should EVERYONE get a passport in 24 hours? How much would that infrastructure cost?

[@FreedomTalkMedia]

@@steverobertson6393 Passports shouldn't exist

[@stlouisix3]

Doug Casey is an open bloke in regards to his views👍🏻

[@moisespeji129]

If Doug is referring asia as 3rd world, Yes I still prefer 3rd world countries. And his wrong too about corruption is less or not happening in US.

[@JB-pd3ir]

He is very wrong about the U.S. and this pandemic made it more obvious. I will say at the lower levels perhaps there is a little less corruption but at the higher levels it is off the top.

[@aphilippinesadventure9184]

I see corruption in the US on a huge systemic level and combined with total hipocracy

[@mikesteelheart]

Only difference is in The U.S. most of the corruption is white collar.

[@vilmavanoverbeck8708]

Renember. Probably that's the way he made his money.

[@fink5799]

"You're right! You're absolutely corrupt!" -Doug Casey 2022

[@ralphfurley4217]

Interesting guy, but man he can't get to the point of the story to save his life.

[@mikefranks4528]

Agreed and I was waiting for him to answer the question of where do you prefer to live and he never answered it. He kept dancing around . So, I just left. LOL

[@cristinaeden]

I know. He seems so full of himself & arrogant

[@farmerboy8659]

Great story and historic moment. One for the History book.

[@today7518]

Need to share paint color names hints with us. You chose great colors for your spaces...nice yellow, green, and others. : )

[@AA-tp2bp]

Argentinian grey and black markets are so so big, that most times it is cheaper than buying from regulated stores in the white market. One can prosper here flying under the radar, but forget about getting social benefits like retirement funds, credit cards and borrowing from a bank.

[@sweetcanary3006]

Nice interview

[@knucklehoagies]

Bribery exists in the US, just at the higher levels (govt, big business, etc). In the 3rd world, bribery exists pretty much everywhere, even among the masses.

[@curlyyhair777]

I thank God everyday for not being you 😂

[@kel8026]

I've just moved to Argentina too, and LOVE the place!

[@christopherhouse7937]

Can you find cheap apartments for under $200 USD per month a studio or 1 bedroom near BA?.

[@kel8026]

@@christopherhouse7937 Near BA maybe, but not so much in, especially a decent place in a decent area. Rent prices have skyrocketed in recent months, but house prices have plummeted, so if you wanna buy something... But I'm sure you could find something though, average salary is $250/month, and people are somehow scraping by.

[@christopherhouse7937]

@@kel8026 Is Buenos Aires a lot of fun! Lots to see and do? Any national parks near the city for hiking? Great gyms for lifting weights!? 🏋️

[@kel8026]

@@christopherhouse7937 It's a fun city, lots of see and do, but flat as a pancake. I have no idea about lifting weights, but I've seen gyms around. People are very 'European' in a sense; they like exercising, walking dogs (and letting them shit everywhere) and keeping fit and healthy. Plenty of health food stores, vegan stuff - not into that personally, but you get my point - pretty sure you could find what you need (except mountains nearby).

[@christopherhouse7937]

@@kel8026 Cool! ✌🏻😁

[@jaimekaimero2912]

There are NO tent cities in the " third world" NOBODY lives in their cars in 3rd world countries, You will NEVER see parks, financial centers, city centers with people, basically, living on the streets in tents EXCEPT in the U.S. The guest must be visually impaired. Montevideo and Buenos Aires don't have ONE person pitching a tent.

[@hbbstn]

I can tell you've never been to São Paulo Brazil my hometown. The last time I went to Montevideo the hotel asked me to be careful in the downtown area. I'm pretty sure Buenos Aires is not different.

[@jaimekaimero2912]

@@hbbstn People living in tents on the streets? Nunca!

[@aularje]

En suramerica hay otro tipo de tiendas

[@hbbstn]

@@jaimekaimero2912 sorry for shattering your perception of reality. I lived in São Paulo for 25 years and I can say with certainty that your statement is not true. Sorry if your narrative doesn't fly. The US just joined the club, but South America still has a lot of poverty.

[@jaimekaimero2912]

@@hbbstn No Brazíl tem muita gente pove que moram em favelas e algumas pessoas tem sua própia casa mas nao tem gente que moram em tendas na rua. If you don't understand Portuguese. Claro que hay pobres dondequiera en Mexico, en Brazil en Argentina Peru etc. pero NADIE mucho menos miles de personas vive en carpas / tiendas campañas en plena centro de las ciudades debido a que por mas humilde sea su choza, techo y terreno aunque invadido tienen.

[@vivim777]

Too bad you cut the video in the middle. Sounded wise and interesting. Even so giving more power to governments is certainly not the most graceful thing to do

[@MariaBelenSeyssInquart]

I am from Argentina. I see that corruption is very good as it helps to redistribute wealth without raising taxes. Normally the subject recipient of the sums involved is poorer than the one who gives it, and a public employee. From a purely economic point of view, it is very good.

[@matthawksworth]

Interesting. Its hard to judge the social tendencies of a society.

[@henryvanderbeek2973]

Corruption is never good......

[@gustavostnt]

@@henryvanderbeek2973 That's when you have faith in the State. If you know its inefficiency, then you know corruption can be less dangerous than "well-intended" actions.

[@Embassy_of_Jupiter]

@@henryvanderbeek2973 Really depends on the laws and the scale of the corruption. Imagine you'd live in an apartheid state, but you could always bribe yourself out of any situation. Then corruption would be pretty good in my opinion. Corruption on the personal level just increases freedom in repressive societies. Of course corruption on the level of politicians and corporations is never good, but I don't see an issue with it on the personal level. Of course the laws shouldn't be such that corruption is necessary, but we're not living in the land of unicorns and rainbows.

[@MariaBelenSeyssInquart]

@@henryvanderbeek2973 Yes ok (I am the original poster). However the limit for this extreme liberal view (liberal in the European sense) would be for those scholars the categorical imperative from Kant. So it is a matter for a long discussion.

[@amigabang6157]

Andrew, I found it a little difficult to hear you. Please equalise the sound a little more between both headphones in future! Great interview though!

[@nomadcapitalist]

Thank you.

[@Isphanian]

Uruguay and Argentina are not 3rd World Countries, dude.

[@pablosabhlok]

At 50% annual inflation, argentina is definitely?

[@Isphanian]

@@pablosabhlok you forgot other indicators. In both countries.

[@Naturenerd1000]

You're not a criminal untill the laws and regulations of the government move the overton window over you.

[@peteredan7352]

You either pay for it under the counter or in higher taxes, take your pick. Either way you're going to pay something, so pick which will cost YOU the least.

[@hbbstn]

Innocent question: Who is this guy and why does his opinion matter?

[@pablosabhlok]

He's worth $20 million and runs an investment advisory firm.

[@hbbstn]

@@pablosabhlok thanks. I would never give this guy my money.

[@BodilessVoice]

You're rather ignorant, in this space.

[@LearnEnglishwithTrev]

Investment company that has 20 mill ? Not doing too well.

[@Captain_MonsterFart]

He's a gold bug who does lots of public talks.

[@gollum740]

Uruguay and Argentina are not 3rd world countries. When the prices of food, fuel, and consumer goods goes up in the third world countries the people will riot and those third world countries will become bigger hell holes , I know The US and Europe are not perfect but at least you can have some sense of saftey even though that is going away.Uruguay and Argentina seems safe though.

[@thorn3377]

I live near Baltimore and Washington DC, Ukrain seems pretty safe in comparison. 🤣

[@moisespeji129]

Maybe that is why he is in Argentina, he can move around and do anything he wants 'coz he is able to pay somebody. Isn't this corruption too.

[@solbusarello7433]

Exactly! Make money bribing politicians! 🙄

[@user-lt6kk9yc6o]

Rather pay people than the State

[@Denver_____]

This guy is Blunt but speaks the truth. No minced words, just his point of view from a person that actually has experience. Not some guy that reads an easily digestible article in the New Yorker and thinks he knows the geo political state of an South American country.

[@radicalmind5742]

The Arrogance of this Yankee is breathtaking.

[@cristinaeden]

Thank you! I thought I was the only one. He can’t even bother to learn Spanish beyond a basic “taxi driver”…what kind of an answer is that?!

[@IlluminatusNovous]

Hey Andrew, I’m a huge fan and been following you for a while and I will be a client of your hopefully soon rather than later. But I wondering if you are looking for talent in Mexico City. I have a cousin who is not just extremely smart but very beautiful. She has mentioned to me things wants to do with her Marketing degree and Nomad Capitalist came to mind. If you have given it a though of looking for someone in Mexico City who is wonderful at heart, hard working and very smart please let me know.

[@hbbstn]

The matter of the fact is that, if you're rich it doesn't matter where you live.

[@helenagreenwood2305]

If you're rich you actually have a choice where you live

[@hbbstn]

@@helenagreenwood2305 exactly you can choose to live in a screwed up country and you'll be fine.

[@user-ew6ve1zq1t]

love the capybara in the thumbnail!

[@yoppindia]

Dough is a Bluff master, I wonder what other schemes he might have been involved in.

[@jimcvca]

Anybody who goes on and on about how this is stupid, that is stupid, those people are stupid, everything is stupid, loses my respect right away. Sorry, Doug.

[@Isphanian]

indeed.

[@ramplense01]

👏👏👏

[@estogaza5827]

So you’re saying he’s stupid?

[@Camilo2002xxx]

What Casey says about cops' bribery has changed a lot. You are taking a big risk in trying to bribe a cop in South America, you could end up in jail, which is a real nightmare, especially for white people, who are perceived to be wealthy and easy to be abused.

[@juanvalera7214]

Depends on the country

[@ApolloBrah]

well colombia. mex. nicragua honduras. will all accept bribes. as for the rest idk.

[@titoluzuriaga8217]

@@juanvalera7214 In Argentina you run the big risk if you don't try to bribe a cop. In addition to what he said, many Argentinian libertarians like the fact that the country is too chaotic and unorganised for a true dictatorship

[@Thomas_Hardy.]

In Mexico..The only way to say out of jail is to pay a normal bribe.

[@shadowdhaka]

Depends on the cop, the country and the situation

[@latinaalma1947]

I am the same in GUatemala a guest in this cou try I dont know enough about their political history in THEIR country. I dont have opinions about how they should run their country, I certainly dont say America does it better.

[@heavenismydomicile3280]

Excellent comment & observation!

[@jasperlufkin]

16:43 Just when you thought you couldn't like a guy you've only known about for 15 minutes anymore.

[@vc2084]

In India, civil servants openly claim we have stupid laws, but we never implement them, those laws are there to contain dissent.

[@JS-jh4cy]

Any for the average guy who stuck in Canada or USA on how to get something like a part time business running overseas?

[@jamesc2899]

How naive you are... Are you even wondering why foreigners who want to build a successful business come to America? Where else in the world can you do business better than here?

[@jimbo7577]

@@jamesc2899 You are kidding, right?

[@jamesc2899]

@@jimbo7577 Well, ask Elon Musk who is from South Africa if he is kidding that he came to America as a foreigner and became the richest man in the world in less than 20 years... Or... ask me... Came from Europe some years ago literally with 25c in my pocket and... even though I am far from being a billionaire, lets put it this way, I am where I could never get to in Europe.

[@sibaroochi]

So what country did he say was his preference? I heard a lot of rambling

[@kel8026]

When you have so much experience, you have too much to choose from, so it becomes harder and harder to narrow things down to something 'perfect', because there is no perfect, and it all depends on so many factors. Basically, the more you know sometimes makes you feel like don't know anything. There you go.

[@sibaroochi]

@@kel8026 makes sense. Wish he said that just like you did

[@kel8026]

@@sibaroochi Thanks. It seems I live a life similar to his, though without all the fancy meetings and polo and all, and sometimes I find myself talking slow, rambling, and being incoherent like him, because you end up overwhelmed and not knowing what to do with all the information. Your comment gave me a chance to look at myself, so thanks. It's also why Andrew never ceases to amaze me at how articulate he is!

[@sibaroochi]

@@kel8026 glad I can help in your self reflection. Secretly, that is the purpose of all my comments on KZbin. Jk

[@daveabd]

Totally agree. Lived in Asia for decades. Way more better life available in the wild West when compared to the Nanny States of the legacy world.

[@estherch8394]

Have you explore living in Japan? Would you make the video on Japan enterprise and living?

[@scronx]

Very interesting. Why is he in Uruguay after founding La Estancia? If there was a rift or coup, perfectly understandable -- rightists (I am one) never manage to cooperate for very long.

[@fezabaydur2821]

Go with Turkey 🇹🇷. You will win when the dust settles

[@zachgates7491]

You mean some time in the next decade?

[@RkR2001]

Doug why don't you try in Guinea Bissau or Equatorial Guinea?

[@mannydavidcastillo1109]

USA is getting pretty chewed up if you ask me

[@YukiZero]

I love how he just out right calls an entire country stupid... hahaha

[@FreedomTalkMedia]

They voted for an income tax when they had none. They deserve it. LOL

[@charrua007]

And then he goes on to say that zero tolerance on DUIs is a nuisance ☺️

[@didforlove]

had upset because hes income will be taxed

[@FreedomTalkMedia]

@@didforlove I get upset when people take my money, under threat of violence too.

[@didforlove]

@@FreedomTalkMedia im not against him been upset just pointing it out

[@kwameoluwasomi1518]

He’s speculating on Africa, I’ve already placed my bet 😉

[@henryvanderbeek2973]

He made his wealth in Africa....I wouldn't be so quick to judge....

[@kwameoluwasomi1518]

@@henryvanderbeek2973 I’m not at all, I’m just saying I’m already sold. Feels good to know he’s speculative, means I’m not crazy.

[@JK-gu3tl]

Support cape independence

[@armandomori2333]

Nice interview - love how Doug talks

[@heavenismydomicile3280]

Me2

[@hdd1977m7]

I felt the opposite and I don’t even know why. Felt bad vibes. More like old CIA hitman vibes.

[@armandomori2333]

@@hdd1977m7 maybe CIA Hitman but a from a friends point of view :)

[@hdd1977m7]

@@armandomori2333 😂 I know it’s completely unfounded it’s just how I felt 😂

[@Maruwasa]

If you want to move to Africa and have the European and American lifestyle, move to South Africa or Namibia. These two countries offer a good space to work and live. @Nomad Capitalist - I think you should come and look into it, I believe your clientele would like these options.

[@keithj6251]

Indigenous South Africans get away with killing Whitey on a regular.

[@steverobertson6393]

Uh, what? This is terrible advice. Why not add, "Yes, you should try Rhodesia"

[@infectedvoice4670]

Maybe South Africa. Namibia is just pure desert though.

[@maldeeb3342]

Amazing interview! So transparent! 😎

[@danimx6647]

The Dominic story is so dam good for a movie, is like when my algebra teacher told us that in the 80s he discovered the cure to all types of cancers but he was kidnapped for two months by the pharmaceuticals company's, they deleted his memory and erase all his work with the cancer cure. Amazing.

[@JenniferoftheSea]

😳

[@tkelly2546]

Doug has no problem throwing the word "stupid" around😱Great interview very informative Andrew.

[@MetalGearMk3]

voting for income tax is kind of stupid.

[@heavenismydomicile3280]

@@MetalGearMk3 ikr

[@bullsharkdb]

What about calling you STUPID because you always in your life were voting corrupted POLITICIANS (politicians are ALL corrupted)? Since he is an ANARQUIST I think calling stupid, ON PUBLIC , to people were you lived and may live again isnt a great strategy. Doug is one of my favorites but this time he crossed the line.

[@Isphanian]

, which is funny, coming from somebody who justifies catalonian independence and says Uruguay is a 3rd World Country.

[@heavenismydomicile3280]

@@MetalGearMk3 obviously,the uruguayayan population doesn’t think it’s stupid

[@Milestonemonger]

The godfather of Economic citizenship

[@today7518]

Are your parents still enjoying Mexico?

[@eshadiva6600]

Great interview. Thanks for this.

[@Milestonemonger]

He's right! If you are a smart investor with a sense of adventure, 3rd world countries are ripe with opportunities.

[@upstar21t]

All you should know that places like Argentina rank lower in things like security than certain African countries such as Tanzania.

[@upstar21t]

@Erik J. I said certain African countries, most in East Africa, like Kenya, Tanzania and especially Rwanda. The world is changing and I'm sure Andrew of all people would know this. Besides, regarding incorrect data collection, the same could be said for Argentina, given the extreme degree of corruption it's plagued by.

[@Killajmj]

@Erik J. you're not even from there. its mono-racial bar SA they don't have issues like you do

[@ericeverson5956]

Thank you, Andrew. Much peace.

[@justsomeguy2943]

ENCORE!

[@dennissmith6739]

whats wrong with Australia

[@hispanocubanoamericano3388]

Go where you're treated best!

[@notmyrealname346]

This is what I love about Mexico. You don't find many keyboard warriors here like in the USA because here you might end up getting too confident running your mouth to the wrong person and disappear. There's a different level of respect here.

[@kaspersanders4511]

In Puerto Vallarta a lot of brainwashed liberals.

[@theelectricangel2250]

Are you sure that you're talking about Mexico??

[@dancheng3014]

Fun things that are banned in Singapore: (1) No chewing gum sales - you can buy from outside and bring it in for personal use, but no store sells chewing gum (2) No recreational drugs - drugs that are already legalized in the west are still restricted in Singapore - could get you capital punishment so don't even try bringing some in (3) No making fun of any established religion in Singapore - Islam, Hinduism, Christianity, etc. - that was what got Amos Yee imprisoned in Singapore and forced him to seek asylum in the US

[@michinwaygook3684]

Actually I have been to Singapore and appreciate no chewing gum. You won't get chewing gum under the sole of your shoe or see it under the seat in front of you on transit. It is nice to visit a city where garbage isn't on every corner. I can see an American not being able to adapt to life in Singapore as it just isn't dirty enough for them.

[@jawwad1189]

I need to take notes on this

[@DKX365]

What kind of democracy you want

[@stephenpeterson7570]

Love your shortened gingle! Over in >2secs!

[@pioneerspiritPS]

It's been 12 years since I've watched an interview with Doug Casey. Fantastic Individual and fellow Anarchist! Thank you for sharing Doug's thoughts!

[@neptunium7121]

He has interesting ideas but he is not an anarchist. When someone starts to talk about trusts and distributing interest to people that contribute, its just neo capitalism. Anarchists dont define possessions because that always involves ownership. Which leads to laws.

[@FreedomTalkMedia]

@@neptunium7121He's an anarchist, not a communist. Don't conflate the two. Also, you can't have anarchy when there is one central power in control of productive assets

[@cristinaeden]

He’s a capitalist, just saying that.

[@Mauri-jb9up]

Argentina and Uruguay are hardly third world countries. Pretty well developed for Latin American countries

[@guillermo2411]

😂🤡

[@EastWing411]

Bond Villain?

[@Southeastasiantraveler]

Very interesting and charismatic guy, has had a full life, looks like L Ron Hubbard (founder of Scientology)

[@matthawksworth]

wtf, doppleganger

[@tommyboss4067]

Just different kind of corruptions. Old types vs. modern types. 😀😄😃

[@Michael-4]

Fascinating!

[@MrAnderson352]

That guy is cool

[@PhilosphywithBrad]

"in Argentina, the government is a real example of stupidity" - I really enjoy how this gentleman speaks

[@reneeemigree9004]

There he is, there you are. We’re still v busy, off grid, but crossing many thresholds, thank The Lord. On the verge of a real going concern, business, this year, it seems, and another minor one. Real Assets. Now, we’re starting to see what you mean Andrew about taxes, as we’re moving into a higher tax bracket, even before being in a business status yet. Going back into our accountant to get advice on projections of putting the brakes on, perhaps, to not overdue income as we might be moving into a new tax bracket. Then, want to get a pulse for being in this business asset class, with considering tax implications. Now, on a small scale, just beginning, can see for ourselves what you mean about the implications of tax considerations! Back off grid now, to finish up. V interesting Doug Casey and his speaking about Uruguay. We did not forget to speak about these end time prophecies, and also, to speak these things to Doug Casey. Plan on returning to his channel soon. Ty for now, both of you.

[@user-bk2vg7ym5w]

looking at the blue pants I think of the zztop song..All the girls are crazy about a sharp dressed man

[@captainbumface3595]

Hahahhahaa I love this guy.

[@AssendedWuan-kd7fy]

Would love to work for you Andrew

[@nomadcapitalist]

Thanks for your interest in working with us! Check out our exciting career opportunities on our Careers Page: nomadcapitalist.com/careers/

[@jimmydavis4735]

Great vlog I think Mr Casey's idea is great it would liberate many countries out of poverty

[@josephvillenabuchberger4257]

Doug Casey is just fed up with the supidity of mankind, just like i am

[@limitedtime5471]

Is there more to this interview? Really enjoyed it, very interesting, thank you

[@citizenm9590]

Aa USA citizen i moved to Africa and itd best decision I have ever made and lot safer you dollar goes a lot further.

[@michaeldemarillac9992]

Which is the best African country to you. I understand friends in middle and north Africa take breaks in South Africa.

[@lynnrivell6600]

We are now a 3rd world Country

[@ceciBA1]

So i have heard (I'm from Argentina, have lived in Sweden the last 12 years and in Mexico now). I would say .. the WHOLE WORLD HAS BEEN TURNED (!!) INTO A THIRD WORLD. More corruption everywhere, lies, made up problems that fuck up everyone's lives.chaos. I'm so sorry. We are run by the worst criminals

[@adiman6452]

Comparing downtown Kuala Lumpur to downtown Philadelphia for instance, I would say Philly more reflective of 3rd world

[@capitalistrebel9358]

I strongly disagree with Doug that there’s no corruption in usa goverment.

[@englishonetrainingonline]

points of view differ don´t they, one man´s trash is another one´s treasure