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<p>[QUOTE=&quot;fatima, post: 1203568, member: 22143&quot;]If you are only concerned about protecting your money due to $ erosion, then open a Forex account.&nbsp; It&#039;s liquid and you won&#039;t have any difficulties like with the other options.&nbsp; &nbsp; If your plan is to horde foreign currency, physical or in foreign bank account as safety do to a $ default, keep in mind that if that happens, they will most likely not redeem your money.&nbsp;&nbsp; In such an event, it&#039;s very possible if not probable that foreign countries will freeze assets until the USA pays them back their debt.&nbsp;&nbsp; None the less here is some advice.&nbsp;&nbsp; </p><p><br /></p><p>Stay away from China. The communist dictators running that country are balancing the demands of an unsustainable population vs heavy exploitation of the people and environment with their western corporate partners. Only about 12-15% of the population is gaining the benefits and there is heavy corruption.&nbsp; Huge riots are taking place there that now go unreported in the Western media.&nbsp; Stay away from any country where 2/3rds of the population is living in dire poverty and has no hope of improvement. (India)</p><p><br /></p><p>Stay away from any country that is in the EU and especially those in the Eurozone.&nbsp;&nbsp; That place is unraveling like a Chinese made sweater.&nbsp;&nbsp; Don&#039;t bother with the UK.&nbsp; It&#039;s banksters are willing partners with the USA banksters.&nbsp;&nbsp; Japan?&nbsp; Fukushima should be worrying to everyone.&nbsp; It&#039;s a disaster of epic proportions that also is going unreported in the western media.&nbsp; </p><p><br /></p><p>I would recommend Russia instead.&nbsp; It&#039;s mostly insulated from events that are occurring for these reasons.&nbsp;&nbsp; </p><ul> <li>It has oil.&nbsp; In fact more oil than it needs.&nbsp; These days it is Russia that sets pricing for oil, not OPEC.</li> <li>It has a relatively small population compared to it&#039;s land area that is&nbsp; highly educated and which can sustain itself if needed.&nbsp; As an example, at the end of the year, it will be the only country on earth that has a manned space program.&nbsp; </li> <li>It can completely defend itself, even against the USA.&nbsp; While a war with the USA would probably mean end of life on Earth, this really means the USA military won&#039;t screw around with it.&nbsp;&nbsp; It&#039;s probably the only country in the world with this ability.</li> <li>It has a 6th of the world&#039;s resources.</li> <li></li> </ul><p>Russia has resources, oil, an educated population, a very sophisticated industrial base, and isn&#039;t worried about the continuing antics of the USA.&nbsp; I don&#039;t see much of a downside.</p><p><br /></p><p>--------</p><p><br /></p><p>One other piece of advice.&nbsp; If you are going to park your money outside the USA, make a habit of reading the online newspapers and other media in that country. Do it daily so you understand what is going on in wherever.&nbsp; The Internet makes that easy now even if you don&#039;t speak the language.&nbsp; Don&#039;t rely on the USA corporate media.[/QUOTE]</p><p><br /></p>

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