Thiel's move signals billionaires seeking a 'plan B' abroad(businessinsider.com)
businessinsider.com
Thiel's move signals billionaires seeking a 'plan B' abroad
https://www.businessinsider.com/peter-thiel-argentina-billionaire-moving-abroad-2026-5
6 comments
No problem. They have to file taxes no matter where they live, and they won't draw upon US services "elsewhere". Unless they give up the passport, at which point the IRS only has their claws in for 10 years or so. But, without the passport, they can be denied at the border and come under the travel regime of the passports that remain.
Hopefully he find the huntavirus he deserves there.
TIL: billionaires have multiple residences. This is new to me. The problem is, if you plan to leave in the event of collapse or unrest, your plans may be spoiled if you haven't already left.
> billionaires have multiple residences. This is new to me.
This has been known for years.
> your plans may be spoiled if you haven't already left.
Not necessarily. The Epstein Class does not have to travel via standard airports/trains/busses like everyone else. They take hired private transportation (sometimes they also own the transport vehicle as well, as in owning the plane they are using to fly away to Argentina when something goes south).
They also have hired hands who are tasked with advising them about such a need, so they can "get away" just ahead of the actual issue occurring.
Of course, for a full societal collapse, while they might "get away" to their Argentine (or other) palace, unless they have enough land (and can find the labor) to farm their own food, they will eventually grow very hungry just like everyone else who depends upon the rest of "society" producing the food they consume daily.
Edit to add: In addition, there's little lost from their perspective to be extra paranoid and "jet off to their Argentine palace (or wherever theirs is)" at the slightest hint of any trouble. The cost to do so, to them, is essentially "pocket change" at their level, and their perceived benefits of already being "away" should the paranoid hint turn out to be true would far outweigh any costs to them to do so.
This has been known for years.
> your plans may be spoiled if you haven't already left.
Not necessarily. The Epstein Class does not have to travel via standard airports/trains/busses like everyone else. They take hired private transportation (sometimes they also own the transport vehicle as well, as in owning the plane they are using to fly away to Argentina when something goes south).
They also have hired hands who are tasked with advising them about such a need, so they can "get away" just ahead of the actual issue occurring.
Of course, for a full societal collapse, while they might "get away" to their Argentine (or other) palace, unless they have enough land (and can find the labor) to farm their own food, they will eventually grow very hungry just like everyone else who depends upon the rest of "society" producing the food they consume daily.
Edit to add: In addition, there's little lost from their perspective to be extra paranoid and "jet off to their Argentine palace (or wherever theirs is)" at the slightest hint of any trouble. The cost to do so, to them, is essentially "pocket change" at their level, and their perceived benefits of already being "away" should the paranoid hint turn out to be true would far outweigh any costs to them to do so.
Same goes for the fuel and control systems (thinking air traffic control here) to power their escapes. Additionally if we're talking a government collapse, fiat money will only have value as heating fuel. Even high value assets like gold won't have immediate value due to their general uselessness. Only things like salt, liquor, grain and fuel will be valuable. This is why they are scared. In many cases these are not practically skilled people, so in a collapsing society their survival chances are low.
Argentina? The place all the Nazis went to hide? How fitting.