I'm liquidating all my Canadian assets and getting the f out in the next 2 years hopefully. My question is to anyone doing this or at least having put thought into it is: what should I change my worthless CAD to until I establish myself elsewhere? I'm talking about sums >100k. Currency exchanges take huge cuts on every change from my experience and bullion can't be freely transported accross borders. I'm not comfortable holding large CAD sums for any amount of time because it's decomposing trash. Where I go will be mostly dependent on my work situation, but the eurozone seems probable. Any tips?
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I'm selling my properties to gtfo so will have lots of cash on hand. I agree that bullion in these times is safe, but you can't just take it anywhere. Although legally I think you can take it out of Canada as long as you declare it, you have to pay taxes in the country which you're importing to.
lol you're doing exactly what you condemn: fleeing your country and running away like a bitch boomer.
lol if you're gonna go, just fuckin go: anyone with any sense did once we made it clear that we were on the Venezuela path.
That's why we have such a shit country: anyone with a brain or lick of sense or talent GTFOs!
lol a boomer portfolio gets the shakes and it's CASH THE FUCK OUT time! Unreal. Worse than the fake refugees imho, they should know better.
I don't condemn that. If you're living in a country going down the Venezuela path you're best to gtfo. Though for Canada I'm seeing a boiling frog scenario with ever steady increasing taxes and worsening quality and affordability of life rather than a sudden Venezuela scenario. I don't have the shakes, I'm just tired of short-selling myself to live in an environment I'm not happy with.
I'll just psychosomatically induce a white-flight sexual fetish to get me thru eating the sick livestock at Parc Safari or the fuckin fish outta the Toronto Aquarium stage!
Don't laugh, the Aquarium fish are way safer to eat than Lake Ontario swimming mutant mercury magnets.
I have to admit that white flight is a really pathetic phenomenon. Whatever specific factor you want to blame for it, it all boils down to fake, corrupt, globalist governments deliberately trashing the countries.