Doug Casey emphasizes the significance of having a secure ‘bolt-hole,’ a designated safe haven where individuals can escape during crises or tumultuous times. He views the current political landscape in the United States as highly volatile, with the potential for civil unrest stemming from the stark differences between opposing political factions, often referred to as the Red and Blue divide. This political discord, exacerbated by the anticipated outcomes of upcoming elections, could lead to widespread discontent and instability. While he acknowledges substantial financial and economic risks, Casey argues that the primary threat lies in the political sphere—a situation mirrored in numerous global historical contexts where lack of foresight led to dire consequences for those unprepared.
Historically, Casey highlights numerous examples where individuals or groups faced significant danger due to political upheavals in their home countries. For instance, the turmoil seen in Russia post-1917, Germany in 1933, and various nations in more recent times like Venezuela emphasizes the importance of having an exit strategy. He juxtaposes these events with contemporary global tensions, noting that the world’s current trajectory resembles the prelude to World War III. His overarching message stresses that securing one’s physical safety is critical, over and above merely safeguarding financial assets, particularly in a world that seems increasingly volatile.
When advising on the ideal characteristics of a bolt-hole, Casey underscores the importance of cultural stability, which he ranks higher than factors such as climate or economic conditions. He notes the decline of traditional safe havens like the US, UK, Canada, and Australia due to increasing governmental aggression toward citizens and systemic economic issues. By narrowing down potential bolt-hole locations, he suggests prioritizing areas with low population density, a stable political environment, and geographical distance from conflict zones, particularly Europe, which he considers risky given its historical and current socio-political climates.
Casey’s preferred destinations for potential bolt-holes include various countries in South America, particularly within the Southern Cone. He appreciates these nations for their historical neutrality and cultural ties to Western civilization, which make them an easier transition for North Americans and Europeans. Specifically, he finds Uruguay appealing due to its small, homogeneous population and peaceful nature, while he sees potential in Argentina due to recent political changes that could lead to economic prosperity. Even though these countries present unique characteristics and challenges, Casey suggests they are more favorable compared to other regions in the hemisphere.
Moreover, Casey speaks highly of Thailand as a potential bolt-hole, contrasting it with his experiences in South America. His admiration for Thailand lies in its enduring independence from colonial rule and the warm hospitality of its people, which fosters a more welcoming environment for expatriates. While the cost of living is low, and the quality of life is high, he notes that integration into Thai society may pose challenges for foreigners. Nonetheless, the evolving landscape of Southeast Asia suggests that it’s a region to watch as potential safe havens amid global uncertainty.
In concluding his insights, Casey urges individuals to take proactive steps towards establishing their escape routes, stressing the importance of thorough research and preparation. He highlights the need to visit potential bolt-hole locations in advance to understand their environment better and to liaise with locals. Casey suggests that, given the unpredictable nature of global events, including the lasting effects of the COVID-19 pandemic, now is the opportune time to act rather than postpone critical decisions regarding personal safety and future living arrangements. With foresight and diligent planning, individuals can safeguard themselves against unforeseen upheavals.
