andrew henderson menu

Andrew Henderson

Founder of Nomad Capitalist and the world’s most sought-after expert on global citizenship.

ABOUT THE COMPANY

What we’re all about

MEET OUR TEAM

Meet our 80+ global team

CONTACT US

We’re here to serve you

FAQS

Your questions answered

TESTIMONIALS

Read our testimonials

NEWSLETTER

Get free email updates

NC-image-menu

ACTION PLAN

Our flagship service for entrepreneurs and investors

ACTION PLAN ELITE

Create your Action Plan directly with the Mr. Henderson himself

CITIZENSHIP BY DESCENT

Claim a second passport based on familial connections

ALL SERVICES

Click here to see all our products and services

PASSPORT INDEX

Discover the world’s best passports to have in an ever-changing world

CITIZENSHIP MAP

Explore the citizenship options using our interactive citizenship map

TAX MAP

Explore the tax details for countries using our interactive tax map

ALL RESEARCH

Click here to see all of our research and interactive tools

THE WORLD’S #1 OFFSHORE EVENT

Learn from a curated “Who’s Who” of business speakers from around the world, get our latest R&D updates, and rub shoulders with successful people from all corners of the world.

NOMAD CAPITALIST THE BOOK

Andrew Henderson wrote the #1 best-selling book that redefines life as a diversified,
global citizen in the 21st century… and how you can join the movement.

Investing

When bond markets have their fill of Obama and quantitative easing

Fallback Image

Reporting from: Bangkok, Thailand

After my excellent, Obamacare-sidestepping experience at the hospital yesterday, I had to go back today for a few additional, more in-depth tests. To be honest, I think the doctor – who seemed pretty confident about my clean bill of health – sensed my hypochondria and wanted to put my mind at ease.

So I made my way back to one of the cleanest, brightest hospitals I’ve ever been in earlier this afternoon. On my way out, I got a little bit of sticker shock. When I first saw a comma separating one number from the other three, I harkened back to memories of multi-thousand dollar medical tabs in the western world.

But when you figure that the doctors here in Thailand did half a dozen various tests and the bill came to all of about $135 (4,300 Thai baht), I’d say that’s quite a deal.

While waiting for the cashier to call me up to pay, I happened to peek at this morning’s business section in the waiting area. And, among other things, the USA’s latest debacle may make that medical bill more expensive for Americans by helping the Thai baht rise.

Lo and behold, Thai economists are predicting a surge in foreign investment into Thai bonds to the tune of $2-3 billion as the US government shutdown and easy money policies drag on.

While the United States government, never one to assume its actions could have consequences, would likely protest the fact that investment is heading to “less creditworthy” nations like Thailand, reading the headline that explained exactly that felt like a big “Duh!” jumping off the page.

The flow of money - "Capital is fungible"
The flow of capital: Whether it’s global bond markets or the entrepreneur with a corner store, money doesn’t lie… it goes where it’s treated best.

It’s true the endless funny money hot off the printing presses is slowing down global growth. We saw today that China is telling The Land of the Free to get its ducks in a row – or else. And growth in countries like Thailand will slow a point in the next year thanks to a slower global economic climate.

But I believe that the places the US is dragging down with them are stronger than it is fundamentally. Countries like Singapore don’t need to flush $60 billion a day down the toilet in order to be fundamentally more healthy economies.

While starry-eyed activists and socialist politicians don’t want you to believe it, following the money is the only way we have to determine what’s working – and what is not. Global investors don’t just move billions away from one country’s bond market because they’re having a bad day. Or because they don’t like that Barack Obama is black. Or because they read some article of mine that said the US was run by a bunch of sociopaths.

No, institutional investors use complex systems to put their money where – wait for it – it’s treated best. As Shark Tank’s Kevin O’Leary says, they want to send their money to summer camp and have it come home in August with more muscles and new friends. This is the very simple yet immutable law of money and of life that we discuss on the micro level here so often.

Fundamentally, it’s stories why these that make me inherently trust money. Money doesn’t lie; it only seeks to minimize risk of loss. The fact is coming to the surface more and more every day: the United States isn’t the rock solid investment you’ve been brainwashed to believe it is.

If you’re reading this site, chances are high you already knew that. But it highlights the fact that, just like elections, actions have consequences.

It’s no different than when your 16-year-old son takes your car and puts the pedal to the floor, never stopping to think he could be in a wreck. He’s invincible.

Or when the promiscuous smack addict figures “this needle” will be just fine – and who needs a condom anyway? He doesn’t think about what’s likely to happen.

These people believe that life washes over them like a tidal wave. They never expect anything bad to happen. Until it does… and even then, it’s never their fault.

It “just happened”.

The US government is the desperate addict and the prodigal teenager wrapped into one. Even as the carpet is being pulled out from underneath its feet, it still doesn’t realize that it’s easy money quantitative easing policies, wild spending, and political favor goodie bags for all are causing it to become more and more irrelevant in the eyes of the world.

Personally, I’d rather be from a small, insignificant country. I’d have no ego issue being Monagasque or Singaporean.

However, there’s little ego in multi-billion dollar investments. Fund managers who pour money into countries most Americans couldn’t find a map – including some in this part of Southeast Asia – are curtailing investment into the US as they fear default.

Bottom line: they don’t trust the US government to STOP the things that are causing it to become irrelevant and insolvent.

While I don’t put a lot of confidence in the huge casino Wall Street has turned into these days, I’m happy to follow the lead of sage investors when they say they’re not buying what the United States is selling.

It’s a lot easier to follow the money than it is to follow huge egos fueled by political hijinx and “patrioti.sm”.

GET ACTIONABLE TIPS FOR REDUCING TAXES AND BUILDING FREEDOM OVERSEAS

Sign up for our Weekly Rundown packed with hand-picked insights on global citizenship, offshore tax planning, and new places to diversify.

YOU MAY ALSO LIKE

How to Invest in CBDCs?

How to Invest in CBDCs?

The evidence that Central Bank Digital Currencies (CBDCs) could soon replace physical cash, topple...

Reduce Your Taxes And Diversify Your Wealth

Nomad Capitalist has helped 1,500+ high-net-worth clients grow and protect their wealth safe from high taxes and greedy governments. Learn how our legal, holistic approach can help you.

What do you want to accomplish?

Let us know your goal and we will tell you how we can help you based on your details.

$

We handle your data according to our Privacy Policy. By entering your email address you grant us permission to send you the report and follow up emails later.