New polls show that nearly 75% of Americans say the country is heading in the wrong direction,
but more importantly to no mad cap plus.
Nearly 3 and 5 say our best days may be behind us.
I'm going to tell you the facts of what people are saying and why this is so important.
This is an article from the Daily Mail, and there's a whole bunch of polls I'm going to share with you,
and I'm going to tell you why I think it's important that people in the Western world, in this case the United States,
see their best days as behind them, nearly 75% says the Daily Mail of Americans think the U.S.
has headed in the wrong direction under Joe Biden, and more than half worried the country's best
years are in the past, according to a new poll from NBC.
So let's get into this.
If it's your first time here, I'm Andrew Henderson, founder of Nomad Capitalist, where both take
and folding from it helps 7 and 8 figure entrepreneurs and investors, also known in the United States as the evil rich,
legally reduced their taxes to first, by protecting their assets, get a second passport, make sure they have places to go to be safe and
changing in chaotic world.
You can learn more at NomadCapitalist.com.
Here are the sub headlines.
74% of Americans at the United States is on the wrong track in a new poll.
More than half of the thousand respondents said our best years may be behind us.
Their main concerns, the economy, 68%, so they think the country's already in a recession.
And 55% disapprove of the job that Biden is doing.
Here's the problem numbers that have been going up and by the way, here at NomadCapitalist, we're not playing the political game.
There are wealthy people whose taxes went up under Trump that overall tax burden.
There are folks who really didn't get much of a tax cut under Bush.
If you want to reduce your taxes, the example isn't voting for some Republican is going to lower the top tax rate by 3%.
That's not solving your problems.
Just as you're the way to do it, isn't moving from New Jersey to Florida.
You're seeing sites like California getting increasingly desperate and talking about even rolling out retroactive taxes.
That's one of the big things I do think will be coming down.
And we're seeing retroactive as a buzzword and more and more countries run the world.
But just moving to Florida and you're saving yourself a few percentage points.
If you're going to move, if you're going to try and reduce your taxes, just go where you're treated best.
From the Caylan Islands to Dubai to Singapore to dozens of other tax friendly countries.
That's where you can go.
So from my perspective, I don't jump on the, oh, you know, Joe Biden's the worst guy ever.
Hey, listen, I'm sure I don't agree with many of his policies.
Maybe you do.
Maybe you don't want some of them.
But that's not really the issue.
The issue is the country and the culture.
But here's what it says.
Nearly three quarters of Americans think the US is heading in the wrong direction.
Despite grabs in the low favorability ratings from much of his first term already.
Biden's popularity experienced a deep downturn and growing pessimism over the economy.
Let's go through the numbers.
Okay, I don't care if it's approval ratings.
This is the United States heading in the wrong direction 74% the right direction 21%
Some of the worst numbers in the Western world.
Do you approve of his handling of the economy?
56% don't approve again.
This is only applicable to us if you're just picking from the buffet of 252 countries and territories.
Is the country in a recession?
68% says yes.
Interesting, by the way, it shows the fracture between the people and the media and how the media narrative
from what I can kind of see is, no, everything's great.
What's the situation?
Well, the people, not the people are economists or experts on much of anything.
But the people, 68% said yes, we're in a recession.
So people don't trust they're society anymore.
There used to be a time when you lived in the United States.
This is the best place.
People still say that, but the trust is gone.
The trust and the media, the trust and the institutions, the trust and everything in the country is gone.
How does that make it still the best place?
To me, the best place, the best relationship is one based on trust.
Once the trust is gone, it's over.
And yet people are still clinging on.
How will the inflation reduction act affect your high fiat?
Basically a third or third or third won't make a difference.
Will make things worse.
Will make things better.
You don't have to stick around with the tax.
You don't have to stick around with the audits.
You can go where your treated best.
People are looking at record high inflation.
But here's the big number.
Here's the big number that I saw in this article.
58% of people in the United States says, we're worried our best years.
Best years was the phrase used.
Our behind is compared to, I think, 35% said, now our best years are in front of us.
Now, here's my perspective on this.
Once people are down, it almost becomes like that, like the cage tiger, the cornered wild animal.
People are down.
You never know what people are going to do next.
And this is not to say people don't have real concerns.
I'm that here to minimize that.
And to minimize the concerns people have.
What I do believe is, even if you're not a seven or eight figure entrepreneur or investor,
it is easier than ever for you to pick up and move somewhere else.
More and more people are working remotely.
More and more people, especially the United States have the opportunity to get work,
to get freelance work, to start companies, to deliver takes, to create jobs.
You know what's changed in the years that I've been alive?
We have clients who come the way so I've told you this.
Egypt, Morocco, Brazil, Colombia, Thailand, people from those countries.
Oh, thank goodness I'm out from one of those countries.
Oh yeah, well they've created multi million dollar businesses.
Some of these guys are like 22 years old.
How did I recently from Eastern Europe?
Guys making $3 million a year at like 22 or 23 years old.
Started it from scratch in his country.
And now he's saying, hey, I don't know why you're a Western client.
Stick around so long.
We know our government's wasting our money here.
And so I'm getting out with my 3 million a year.
He did it.
So why is it more people in the United States can't do it?
You have the opportunities.
Sure, if you're education systems better,
everything's better than the United States.
You have the opportunity.
You can do what that guy does.
If you did one tenth of what that guy does, you'd have total range
to move anywhere in the world that you wanted.
So we're talking to seven or eight figure entrepreneurs,
but anyone who's concerned with the direction the US is going,
you can get a residence permit in Mexico,
you can move to Ecuador, you can move to Costa Rica,
you can move to Georgia.
There's plenty of places you can go.
Take your work with you or build something online.
And you don't just stick around with the country going the wrong direction.
But if you are the seven or eight figure entrepreneurs,
the people who are struggling,
who choose not to heed my wise advice,
are going to do a bunch of things.
They're going to be the cage tiger.
And what are they going to do?
All the things we've talked about.
All the things that you are now seeing.
Hey, you know what?
Let's cancel student loan debt.
Forget the fact that university tuition has been spiraling out of control
for as long as any of us have been paying attention.
Forget the fact that the endless money supply causes it to do that.
You know what? Let's just go through and solve the symptom of the cause.
And yeah, you're paying for it.
average taxpayer $2,000.
I think they're going to stop there.
Look at the record deficits run during the pandemic.
Multitud, a multiple of what it caused to win World War II,
just to fight COVID.
They are spending money left and right.
And people increasingly support this.
Just send me my check.
Send me my UBI.
Cancel my student loans.
And I'm not saying, listen, we can argue what's right or what's not right.
But what I understand is, if you're a successful person,
Joe Biden put a number on it.
If you make more than $400,000 a year, you're bad.
You're going to have to pay more.
Elizabeth Warren, Bernie Sanders,
you're a tax cheap.
Literally by definition, the fact that you have wealth,
you must be a tax cheap, even though people in North America
on a global scale, some of the most honest people on their taxes
in the world.
But you're a tax cheap.
And so I've always told the example,
Steve Bannon, guy worked for Donald Trump, and he said,
we built with our policies over the last couple of decades.
We've built a middle class in Asia,
and we've held out the middle class here.
Now, you can like the policies.
You can not like the policies,
but that's where we are now.
Successful entrepreneurs acknowledge the reality.
I think too many people who watch this channel
are sitting around admired and misery.
If like, where are you?
There's nowhere to go.
Listen, there's always somewhere to go.
There's always a bull market somewhere.
There's always a place that's more free.
There's always a way to improve your life.
Sitting around and making excuses for why you don't do anything
isn't the answer.
And so, here's what we are.
We have a situation.
You're going to start a business.
You're going to build your business.
You're going to build your wealth.
This is the playing field.
You have the middle class, stagnant, and western countries,
like the United States, and it's growing in other places.
Do you think those people in those countries
think their countries heading their own directions?
Do you think that they think their best years are behind them?
But the challenges in a country like the United States,
you have politicians to say, where are you going to go?
Now, do you think a politician is just where you're going to go?
Is going to take the advice of how to improve things?
You say whatever you want about a place like the UAE.
You know what they did?
They get a people from all of the world to come together,
who've done great things, from countries that have worked and said,
hey, what works, and we're going to basically build that from scratch.
People call it a fake place.
And maybe it's not the place that you want to live.
But I have to respect the fact that it's like,
let's get some consensus from people who've done this and done it well
to grow rather than hiring the same retraite idiots.
I mean, look at what California.
Look at what it costs to build a mile of a train track in California these days
without the consultants and all the so called experts.
Nothing ever gets done.
And so, do you want to live in that country?
Do you want to put that bill?
Do you want to pay for the overpriced railroads to nowhere?
Do you want to pay for everyone's student look?
Do you want to pay for everything else that comes down the track
for when people realize their country is heading in the wrong direction?
Or do you want to go to a country where it's headed in the right direction?
I can tell you for one thing, by the way.
There's just a different feeling when you step out in the country
at Asia, for example, where people know things are in the right direction.
There's an energy that's there.
And it's exciting to be a part of a live first move to Asia.
I was just going to just watch this growth.
And if you really wanted to watch emerging market growth,
people moved to Africa.
But if you want more of the lifestyle components,
while still watching an economy on the move,
when you want skyscrapers that every corner going up,
when you want things being changed from old world to new,
you can replace the Asian.
So you can find places where people realize their best days are ahead of them.
And to do that, if you're going to start with the understanding of your country,
is where it is.
You may like it, you may disagree with the policies.
You need to have to accept the reality.
And so the problem when you have people who feel
or going to the wrong direction, or countries in the wrong direction,
they want to change the policies.
And what we've seen in the Western world again,
race taxes, ad wealth taxes, ad retroactive taxes,
unrealized capital gains taxes, it's the wealthiest fault.
No, it's the government's fault for not running competitive economies,
that unlike smaller countries like Uruguay and Georgia and Malaysia.
Some of the countries we've talked about anymore,
even more socialistic European countries like Portugal,
and even Italy, and even Greece are like,
hey, you know what, come here and we won't tax you very much.
They're realizing, holy cow, we got to do something.
We're going to get some people in this joint, right?
Italy, there's some places in Sardin.
They're paying you to move there now.
If you just buy a little property and renovate it,
we need people.
Is the United States doing that?
No, it's more difficult than ever.
We need to charge people more in taxes.
And so that's the progression when the country heads in the wrong direction,
and the best years are behind it.
Why not go to a place where I don't, I think Italy is best here,
or probably behind it as well.
But at least you can live there and see the golden years pass before
your eyes with 90% lower taxes.
If you live in the South, and they'll pay you 15,000 euros
to renovate it up, renovate it up house, if you buy one.
Not saying it's not bureaucratic, not saying it's not going to cost you something.
Not saying it's the easiest thing to do.
But hey, they have plenty of taxes instead of these days in Italy.
You can go to Asia and make your life even easier,
and you can watch a place that is emerging.
You've got to other places in Eastern Europe and Latin America.
And so why not look at, at least having a residence permit
in one of those countries where things are heading the right direction.
Maybe you're an American, and maybe you want to have that EU passport.
By the way, there's some EU countries that are doing better than others, for sure.
I think Ireland definitely plays this moving in the right direction.
In terms of population numbers, I mean, wages have been going to the roof.
There's a place that maybe is compatible for a lot of Americans and others.
So if you want that EU passport, fine.
Maybe you don't accept it like that that's maybe accept it.
Okay, this country's best days are behind it as well.
Have a residence permit or get a citizenship somewhere where they're moving in the right direction.
You have a flag planted somewhere.
Certainly have some of your assets there, right?
Because look at countries like Poland, Cyprus, other Western countries.
Without, you know, let's just take some of your pension funds, which is bailing your bank account.
Australia, they're making plans to always be prepared to do that.
And so if your country is prepared to do things that take your money,
take away your freedom, it's best days aren't in front of it.
Why not at least have access to a place? Get a residence permit in Asia, Thailand, Malaysia,
Delhi off of your residence permit, put some money there.
You get some, you get some diversification.
You can do that.
Latin America, just prove your income, get a residence permit.
Go to a place where people will best days are ahead of them.
I promise you, you'll see the difference.
You'll see the energy.
It's probably going to be infectious on you, which is why people will we help move to more forward thinking countries
and have been increasing their income.
Not just the percentage they keep by lowering their taxes, but they're increasing their income.
Because there's an energy that comes with it.
There's an energy from things that are moving in the right direction.
That's why go where your treated best is so important.
It's partially psychological.
It's partially defensive, and it's partially offensive.