— U.S. Citizen Abroad (@USCitizenAbroad) August 8, 2013
While still embryonic, it’s difficult to ignore this trend– more and more people are starting to renounce their US citizenship.
After all, the number of people who renounced citizenship this past quarter is roughly the same as the number of people who renounced for the previous four quarters COMBINED.
This movement shouldn’t be that surprising for a species that began as nomadic hunter gatherers, or for a society that was founded by foreigner settlers in search of a better life.
Yet, in a rather anomalous twist, the emotional ties we have for our passports are incredibly strong.
This Simon Black post dovetails rather well with the James Dale Davidson discussion we have been having.
Of course the Homelanders will say: But there are numerically more people immigrating to the U.S. than renouncing. Maybe. But the percentage increase in those renouncing is far greater and is in a growth mode.
In 1968, Benjamin Braddock (of the The Graduate Fame) was advised to invest in plastics. Today, I would advise people to invest in expatriations. Remember the letter written by the Canadian businessman to his son.