Doug Casey on His Favorite Place in the World
You probably have a favorite place. Maybe it’s the beach in Bali, the ski slopes in Colorado, or your own back yard. Whatever the spot, it’s your favorite for good reason.
Doug Casey has a favorite place, too. And it’s a place well worth hearing about.
Doug has travelled to 155 countries, making him by far the most well-traveled person I know. But winning the passport stamp contest isn’t what sets him apart. It’s his unique, historically informed perspective.
When Doug found his favorite place, he decided to build a freedom-lover’s paradise there. You can read all about it in our chat below. I think you’ll find it insightful and entertaining.
Until next time,
Nick Giambruno: Let’s start with the big question. What is your favorite place in the world and how did you settle on it?
Doug Casey: The question is, which of the world’s countries is “best”?
There are a lot of possible answers to that question, and they change over time. When my grandparents left the Old World, there was no question that the US was the best choice. I’m extremely happy they chose to move there and not act like potted plants, rooted to the soil where they were born.
But things change. For decades, America has been changing… in the wrong direction. There’s too much fear. Too much force. Too many taxes. Too much regulation. Too much debt. It’s become as homogenized as an endless field of genetically engineered Monsanto corn, and is becoming just as unpalatable. The system itself has become unstable. I’ve been to over 145 countries, many of them numerous times, and lived in ten of them. I see the world as my oyster. All that travel has given me the opportunity to make some interesting comparisons.
I ruled out Africa, which is where I would go if I were 30 years younger and I wanted to make a bunch of money. But as a lifestyle choice, it’s a nonstarter.
I ruled out most of Europe, though there are still some interesting places there, because it’s likely to be on the front lines of what may resemble World War 3, as well as the unfolding conflict with Islam. Plus, it’s overtaxed, overregulated, completely corrupt, and the population has an extremely socialistic mind-set. Further, all the European countries are members of organizations such as NATO, OECD, and the EU, which carry the potential to drag them into every fresh crisis that arises in that historically troubled region, the current dust-up with Russia being a good example.
I’m a big fan of Southeast Asia. The problem is that the region is full of people, which is fine if you want to live in a city, but I also like wide open spaces. And if you aren’t Thai or Chinese, they will never truly accept you into their society. They may treat you as an honored guest, but more likely as a white ghost; you’ll never truly integrate. That isn’t always a bad thing, but I like to at least have the option.
So that brings us to Latin America. I ruled out Central America because, frankly, it has no class… the land of the Frito Bandito and all that. I’ve been to every country in Latin America numerous times and I could talk about all of them at length, but by process of elimination, it basically boiled down to Argentina.
Of course, Argentina has problems, but regardless of the tremendously bad press it sometimes gets, it has fewer problems than any other place I can think of, and far more advantages.
Nick Giambruno: How does Argentina’s government impact your day-to-day life?