Only a fool tries to survive by acting like a vegetable, staying rooted in one place, when the political and economic climate changes for the worse.
Unless you’ve been living under a rock, you know that America is in turmoil. That was on full display recently in Charlottesville, Virginia.
But it’s not just Charlottesville. There have been deadly clashes in Ferguson, Charleston, Dallas, St. Paul, Baltimore, Baton Rouge, and Alexandria.
America is headed for a new kind of civil war.
And when it erupts, you and your family will want “freedom insurance”—the ability to get out fast and set up comfortably in a more stable country.
I recently spoke with my friend and colleague Chris Lowe about this, and I knew I had to pass along our discussion to International Man readers.
Chris is the editor of Bonner & Partners’ Inner Circle. His publication shares insights from Bill Bonner’s personal global network of analysts and investment experts.
Chris Lowe: You’ve been urging folks to diversify internationally. Why is that message so important now?
Nick Giambruno: The US is becoming more and more fragmented, as I’m sure our readers have noticed. I’ve never seen it more polarized.
In fact, I’ve only seen this degree of polarization in countries that have gone through civil wars. It all feels eerily familiar.
I was born in the US, and grew up there. But I used to live in Lebanon, which went through a nasty 15-year civil war. More than 120,000 died. Thousands more lost their homes.
And I currently live in Colombia part of the year. The country has a 50-year history of civil conflict.
Chris Lowe: What’s to blame for this situation?
Nick Giambruno: Identity politics are a big factor.
That’s when your religion, race, ethnic background, and so forth are the most important thing in politics. You’re no longer an individual American. You’re part of some group, undoubtedly being victimized by another group.
This naturally leads to collectivism, tensions… and eventually violence between the groups.
Identity politics were a big factor in Lebanon’s civil war. And they’re a big factor in the US right now. This poisonous trend is growing, and it’s probably unstoppable.
The media is another big factor. Most Americans live in a partisan information bubble with these 24-hour news networks and partisan websites. That accelerates the divide.
I lived in Beirut, Lebanon’s capital city, for about three years. It reminds me of the media there. About 6 million people live in Lebanon, but it has about a dozen 24-hour news channels. Each one caters to a different political/sectarian/ethnic group. This allows each group to live in its own media bubble.
Lebanon’s bloody civil war happened in the 1970s and 1980s. But it’s still an extremely divided country. It wouldn’t take much for its civil war to start up again.
The media in Lebanon helps incubate tensions there. Today, the same thing is happening in the US.
I don’t mean to sound dramatic, but Americans hate each other right now. And it’s getting worse. We’re just a market crash… a recession… or some other extreme event away from more widespread violence. A new form of civil war is even possible.
Chris Lowe: We’re not talking a return to 1861—to pitched battles between armies and hundreds of thousands dead. But if you define “civil war” as a situation where you have widespread violence, a rejection of political authority, and the National Guard on the street, it’s easy to see how America gets there.
Nick Giambruno: I agree. I can’t say exactly what it is. But something does seem to be brewing. And it’s not good. That’s why Doug Casey and I urge our readers to internationalize their lifestyles.
Call it what you want, but American society is cracking. Like you say, it’s not necessarily just the political system, but society itself. And that’s probably more worrisome.
Doug and I have talked about this a lot lately. Doug is older than I am. He’s in his 70s. And he says he hasn’t seen anything like this in his lifetime.
This is why I urge readers to diversify outside of the US. The fracturing of society will create a lot of political risk. And that’s on top of the risks from money printing, higher taxes, and increasing regulations.
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