Thursday, December 10, 2009

Why we came to Panama

We've often been asked why we chose to visit Panama.

First, it's warm and beautiful. Anyone who has experienced a winter in Oregon, Missouri, or even Texas knows there are better places to be, and Panama is one of them.

Second, we want to get out of the crazy consumer-uber-all US bubble and experience something completely different. It will be a welcome new challenge to be in another country, learning a new language, and seeing how other people live.

Also, it's a very unfortunate truth, but the US is toast due to the financial debacle unfolding there. So much debt is being tossed onto the backs of Americans that it will smother them. The people's industriousness will be siphoned off to debt service and we will see a rapid decline in living standards and in services generally. The future for our children will be bleak. Crime will rise. For the first time in its history we will see a wave of emigration out of the USA to find better opportunities. (This future could be averted if Americans get furious and repudiate the debt. I don't expect this--but it could happen.)

Due to the above we want to get started on a second passport. I've talked to Americans who thought getting a second passport—or becoming a citizen of another country in addition to their US citizenship—is illegal! But it certainly is not illegal. In fact, it makes a lot of good sense to give one's family additional options, especially as the wheels come off in the US. We're not saying that Panama is the place we've chosen to establish residency, but it has a lot going for it which I may mention in future updates, so it's a good place to take the plunge into.

So far the people in Panama are friendly and helpful, both native and expat alike. The expats here seem fully informed about what and who is behind world events, which is refreshing. It's nice to be among people whose minds are free.


More later...

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