I'll say it again as I always do. Get in the habit of watching what others do and judge them or figure things out and never listen to what they say. Or take what they say with a grain of salt as actions will always speak louder than words.

When you start to put it all together it starts to paint a picture and honestly I think at some point AI or AI agents are going to get better at predicting things based on these type of data. The issue so far is that these AI's pull data from human inputs still and not real hard core data.

So let's dive into it. Today we follow the money and see where it's moving (country to country) and how that might affect the economy and crypto.

Migrating People

Here in the USA I notice it most in terms of moving from one state to another. The move was to a lower population state that then shot up in just 5 years and now feels like the state I moved from. Thus I am already on the hunt to move to a lower populated area once again because frankly most people at least those in the city or larger subs I simply don't get along with lol.

This visual map from VisualCaptialist will be our plot we will be watching.

First up... Russia

Russia is going through some rather wild times with their war in Ukraine. Pretty much locking them off from the rest of the world minus their BRICS start up the country has been struggling with finances for the most part even though it's crazy rich in resources. I guess that goes to tell ya even if you have a large amount of resources if you don't have someone to sell them to or people that undercut you well it's not so great.

While Russia is low on the list in terms of people with over 1 million dollars leaving the country they actully have a very lower percent of the population that are millionaires.

Next up is South Korea which has been increasing. Perhaps the possibility of war on the horizon is making a lot of those with money uneasy at the moment. From pressure from North Korea and pressure from China. But also South Korea recently passed a inheritance and gift tax. Ah yeah you gotta love it when countries just keep taking more and more from it's citizens which is a on going trend all over the world which will eventually implode into revolt and uprising. These high taxes seem to be exiting people from this country to others like Australia, US and Canada.

After that we have India with one of the largest populations it most likely was going to have the largest number of people exiting the country which honestly could just be a rather normal exiting. However the rate of new to leaving is starting to impact the country but will most likely take another 20 or so years before it really impacts things.

Here's where things get interesting. The U.K is one of the hottest western countries losing millionaires in droves! However it seems like this is general population and not mainly because people are moving out of country. There's a lot that's been hammering this country as of late. From new tax laws, Brexit and government instability.

Last but not least by a long shot as you've seen me writing about this country for a while now is China. Now to be fair China has a massive population of which that population has become rich since 1980's when it was allowed to start trading around the world and became the single industrial hub.

So now with all of those outflows we have to look at inflows and there are people entering into these countries.

The one I think the most interesting is Switzerland in which a very small country is taking in a lot of money and it's known to be a safe haven for people and companies with money. It's also a country that doesn't have to worry about wars for the most part as they have always remained neutral.

The USA and Canada was a decent inflow of people but the biggest of them all was the UAE which has been a hot topic as of late in terms of wealth building through oil and a rather hot spot for slip flopping "sides" BRICS and USD for example is the best way I can sum that up.

Crypto

Now with all of these wild changes from laws, wars and just overall negativity in the way governments are dealing with things it's now speculated that people might instead be looking for other safe havens for their funds such as crypto in particular bitcoin. As inflation continues to move around the globe at a record rate, wars break out or get larger it's pretty clear that people are moving out of these areas and also looking to put their funds into other vehicles of wealth as inflation continues to roar.

Posted Using InLeo Alpha