YouTube Alex here and I want to answer the question why will there be a flood of expat in the future in this video so stick with me and let's get into it the first reason is going to be
economic necessity we're seeing the destruction of the middle class and Western countries like the United States where I'm from we're seeing a dramatic increase in the cost of living without a corresponding increase in wages or wage growth and
we're seeing a lot of former middle class people who are getting priced out of the West their cost of living seems to go up every year taxes seem to go up every year and yet their wages are not
keeping up couple that with the tech layoffs and you've got a recipe for unhappiness for lots of people and the layoffs are continuing to Peak I'm recording this in March of 2024 last month February had the highest number
of layoffs to date it could increase even more this month unfortunately and with costs higher than ever people are really struggling and they're trying to figure out how can I stop the cash burn and the answer to that
is in the form of digital not Nomad visas for example if you look at a lot of countries around the world they are creating these Nomad visas to encourage skilled workers to come and live in their country and
they're often coupled of course with work permits so that they're following the laws and the rules by doing so this is a really attractive offer you're seeing all kinds of different countries offer this now there's a lot of
people who don't expect to be rich but they also don't want to be servs they don't want to they don't want to live in bad neighborhoods they don't want to live around rough characters they don't want to have
to send money to address crime and there are countries out there that have a greater sense of order than what Americans have become accustomed to in recent years they're finding overseas oh wow my rent doesn't go up 10
20% every year because they built plenty of housing they find out oh wow I can have healthy food at an affordable price because in America healthy food is expensive I mentioned it in my previous point but there is
mutual benefit for the countries that opt to offer these special Visa programs they'll see a lot of benefits in terms of people spending money in their country and allowing their citizens to get that money to boost their locals
purchasing power and to benefit everyone there's a mutual benefit situation there it's a positive SU game the local people make money from their businesses and the foreigners benefit from a higher standard of living the number three point is
that the West is in Decline it's fairly obvious if you look at the crime in major West cities it's out of control if you look at the prices they're out of control the only thing that seems to say
the same are the wages I have conversations with people from Gen X or the boomer generation where we're discussing how America used to be a high trust society and it's no longer a high trust Society I posit that
crime is under reported in the United States I know I've been a victim of crime I've talked to Neighbors about it they said oh the local police don't do anything about it anyway so don't bother reporting this crime
in Denver Colorado or San Francisco California and there's an expense that comes with that shift to a low trust Society people are having to spend more money on security companies are having to spend more money on insurance and
these costs get passed down onto consumers it's not the businesses that are paying for this in the end it's people like you and I regardless of how you feel about the causes and everybody has different beliefs as far
as what the causes of these issues are but what a lot of us can agree on is that the prices aren't coming down the American government does not want deflation they don't want want to have to deal with
the repercussions of deflation I recommend reading up on what the consequences of deflation in the United States would be in a Perpetual growth economy and it wouldn't be pretty and it's a real problem fourth Point as to why
more people will leave in the coming years is that with the Internet it's easier than ever to learn about the world if you're curious about a certain International destination you can pop it into YouTube or Google and read
blogs and articles and watch videos you have all this content to engage with you can even throw up Google street view and take a walk around the area to see what it looks like for yourself without even having
to have your feet on the ground in that location I show videos to some family back home of Bangkok and they are shocked they come in thinking oh wow they had one perception and now they're like wow that
looks really Advanced it looks safe it looks clean it looks like people are very polite it looks like people are getting along how different from the United States where it seems like we're at each other's throats also they're
surprised at how beautiful the the beaches are how modest the prices are I will never call it cheap but it is price for tourism right it's designed for people to come here and enjoy a little additional note you
don't get the sense of the whipsaw economy like in the United States here in Thailand none of my friends have been laid off they've all kept their jobs they're in different Industries there's this greater sense of unity I
notice here that I just really admire and respect every time I come to Thailand it seems like the English is better and better and there's this sense of optimism in the air which makes it easier and easier for
Western tourists to come here when they have this confidence hey if I'm in the city center or if I'm at a gorgeous Beach then I'm going to have some level of English communication where I don't always have to
be pulling out Google translate and with the increased diversity in the west more and more people are being exposed to cultures different than their own I know in Japan the Latino Community from La has had a big impact
there in certain Urban parts of the country where people feel that the Hispanic culture is much warmer and Kinder than the Japanese culture which I'm part Japanese and I would agree with that when I've spent time around Hispanic
people I've always been surprised at how warm they are compared to what I grew up with the fifth and final Point here is that some people are going to want to move back to their home country or the
home country of their parents I'll briefly share the story of my two great uncles in Japan they were living in the United States in the late 1930s they started to get the sense that something was going wrong in
America one of them said you know what I don't trust it I'm leaving went back to Japan he took his money with him he was able to run for mayor and get elected to mayor of his town the
other said no I trust the US I'm going to stay here he got his land seized he got put in an internment camp and lost his land in Oregon after he got out had to go back to Japan
Penny list now am I getting into theatrics here or hysterics and suggesting that things are going to get that extreme no I'm not however I wonder with the uncle that lost everything would he have been better off staying
in Japan his part of Japan was not as impacted as some other parts of Japan it's certainly something worth considering I think more and more people when they see where their home country is at if they feel that
things are going in the right direction then they'll be more open to going back they're not going to feel as strong of a sense of attachment to us I think of the US is an economic zone it's a
place to have certain kinds of opportunities that are unique but if you don't need those opportunities or those opportunities aren't presented to you or you don't earn those opportunities however you want to spin it then you may be
better off going back to your Home Country I feel more at home here in Southeast Asia than I do back in the US I don't have the sensation of Perpetual foreigner like I feel in the United States I
feel very welcomed By Thai people I feel very accepted by Thai people and I love Thailand and I'm so grateful to be here and to be spending time here so thanks so much for watching this video has been
a brief overview of why I think the middle class will start leaving United States and if you agree with it give us a thumbs up if you disagree give us a thumbs down fine either way feel free to
to share a comment your opinion on the matter and if you enjoyed it you want to see more content like this subscribe to the channel down below and we'll see you next time
