Thanks to avid blog reader Jim for sending this information…

The mainstream media suggests that Americans should go to (retire in) Belize, Panama, Uruguay, France, Mexico, Croatia and Malaysia. Some of those places are cheap. Others like Uruguay are supposedly:  “far removed from all the troubles of the rest of the world in this safe, stable, and welcoming country.” See this US News and World Report article and this one as well. While I certainly see the virtues of Panama for some people, and Croatia could be of interest, the rest are simply not good choices, especially when there are places like Chile available. And why go to very expensive yet socialist France, which is infected with all the same ideological maladies that the USA has, when you can go to an island, European enclave like Monaco, or Hong Kong instead? The articles are full of superficial and bogus propositions. Sure, it may be better to be in those places than in the USA when it falls. But why settle for second best, especially their featured pick: Third World Belize? Might the author be biased by a connection to International Living (or other overseas developers) since that firm offers properties for sale to expatriates in those countries?