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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPeter Thiel's move to Argentina reflects a growing trend among billionaires seeking a 'plan B' abroad
Peter Thiel appears to have found a new bug-out spot. He isn't alone in looking beyond America's shores.
The PayPal and Palantir cofounder and prominent libertarian has been spending more time in Argentina, The New York Times reported, where he has enrolled his children in school and bought a home in one of Buenos Aires' wealthiest neighborhoods.
Among the ultrawealthy, that fits a larger pattern. The rich are treating their lives in America like part of an investment portfolio: still worth betting on, but increasingly in need of a hedge.
"There's a clear trend toward sovereign diversification," Charlie Garcia, founder of centimillionaire membership club R360, said, including "multiple passports, multiple tax regimes, and at least one 'Plan B' jurisdiction in the Southern Hemisphere."
https://finance.yahoo.com/economy/policy/articles/peter-thiels-move-argentina-reflects-223007957.html
Argentina, a country with a history of debt default. Good riddance to Thiel.
ret5hd
(22,617 posts)all we have to do is keep them from getting out.
and to those gated communities
a few chains and changing the signage from Meadowbrook Estates to Meadowbrook Detention Center suits me just fine.
MerryBlooms
(12,436 posts)Can he still be brought up charges here? No extradition, but, if found guilty... can, if be found, his accounts/money be frozen, confiscated?
valleyrogue
(2,807 posts)Baitball Blogger
(52,764 posts)continue their criminal enterprises in the US.
Blue Full Moon
(3,688 posts)This whole thing is crumbling. The rats are leaving before retribution.
Trump's name has to be removed from the Kennedy Center.
Trump's lawsuit against IRS is being investigated.
Trump's involvement in Jack Smith's case with Judge Cannon being investigated.
Musk's election fraud is out and needs to be investigated.
Lovie777
(23,925 posts)and the Republican Party are fucking up the USA.
And USA is continuing down that fuck up hole, while the perpetrators still enjoying stealing, cheating and gaslighting us,
Karma is a bitch
The Wizard
(13,898 posts)Buns_of_Fire
(19,234 posts)...with their pictures on the labels.
Initech
(109,374 posts)These assholes sold out our country because they didn't want to pay taxes on the billions they stole from us. They all should be doing hard time.