Donald Trump's America First policies from taking over Greenland to imposing tariffs are now here they're sparking outrage and concern around the world and you might say why do I care you might even support those policies and be happy to see it but if you're a US citizen there's some things you need to know and you need to prepare for you're not hearing this the media but I'm going to tell you [Music] now and I'm going to say the same thing I say every time we talk about Trump these days this is not political I am
not prot Trump I'm not anti-trump I'm a former US citizen quite frankly I don't really care what happens but we have some US citizen clients and I want to talk to our American viewers about what I think you need to know that's not being talked about somewhere else and so specifically we've talked about the tariffs under Donald Trump's Administration and what I think that could mean for US citizens both whether you stay in the country uh or whether you decide to go offshore we've talked about that separately what I want to talk about today is
the headlines from more of a geopolitical and a political standpoint and the influence that the US has and why weakening influence will eventually hurt you as a US citizen and how you need to prepare everything you see when you turn on your TV you read the news is Trump good or Trump bad this is neutral on Trump but what do you need to do to protect yourself let's go through some of the headlines Trump has said he's going to take over Greenland and That's essential it started out people thought it was a joke then he
kept saying it oh it's not a joke now is that a negotiation Ploy start high and end up just getting some mineral rights who knows but people are concerned people are angry he says we're going to take back the Panama Canal there's starting of those negotiations of course the government of Panama is upset to me I look at it like uh yeah Trump you bought a business the business is the United States government whatever deal was done by the last guy who owned the business uh that stands that's what Panama's saying well might makes right
I guess and that's the way the world's looking at it uh of course wants to get tough on China getting tough on other countries like Mexico more recently we've seen uh they're going to either shut down or then they said maybe we'll just reorganize us Aid where the US you know sends money overseas to help developing countries now listen I'm not taking a position on these things politically I respect the position of hey we got people suffering in the United States why are we sending billions of dollars to other countries let them deal with their
country and we'll deal with ours not taking a political stand here but I am taking the global view that if you're a US citizen what happens in your country impacts your reputation globally and if you want to be a nomad capitalist you should be somewhat concerned about that here's what I will say because it's not political I spend time in upand cominging countries often smaller countries like Georgia for example we've talked about USA is in Georgia quite frankly I'm happy to see them leave I'm sure they're doing some influence pedaling and know the money comes
with strings and they're kind of pushing their agenda onto other countries and there was a big hoopla in 2024 when Georgia passed this foreign agent registration act and people got all spooked and all upset I'm not going to get into the politics of that either but for me what I look at it as a former US citizen I say yeah should the US get to come under the guys of giving Aid and then push the government around because they gave some Aid right in the US people come in and buy influence they call it lobbying
everywhere else in the world they call it corruption and the US is one of the biggest players in corruption so personally I'd love to see the US get out of the countries that I'm in but what I'm more concerned about for you as a US citizen is the reactions that I'm seeing from around the world forget what the US is doing forget what those headlines are here are their reactions even some of the strongest us allies are responding with their own effective sanctions also known as tariffs look at Canada you don't have to like Justin
Trudeau Justin Trudeau I will give him credit for being the Broken Clock that is right twice a day he said hey Canada's always been here for the us we've been a great Ally and now because you've kind of like you know a little bit of fentanyl comes through 0 2% you're G to hit us and you're going to use this to hit us hard because you can yeah maybe we shouldn't be your ally as much Mexico uh was neither as much of an ally but they next door you know the Europe I mean Trump is
saying we're coming after Europe listen on on things like NATO I always agreed with Trump a lot of those countries weren't paying their fair share they were not paying what they agreed to pay I'm a big believer your word is your bond and they were not paying their share while the US did that was wrong and Trump was right uh but now with the Russia Ukraine war started Europe started to say hey is the US going to be a good Ally and maybe we should really take control of our own defense by the way good
but we'll come back to what that matters in a minute Chinese are finding other countries to sell their goods for if they can't sell them to the US strengthening relationships in Southeast Asia doing more business in Mexico doing more business in Latin America doing more business everywhere Africa for example Southeast Asian countries where I'm sitting right now switching their Alliance from the US to China why they want to get rich too and they see China as a lower barrier way to do that as they find new markets for their product and in Africa where there's
been a lot going on that I've been reading in the last year and in the last month tremendous changes there with Russia and China not the US now you might say hey who cares about what happens in Africa and yes that is the refrain when you talk to many Americans about this we don't need anybody else listen maybe you don't but I will say this uh if Trump is such an isolationist okay don't don't send illegal aliens to Guantanamo Bay close guantan Bay and give the land back to Cuba the way Cuba thinks you unfairly
uh leased it out if you're such an isolationist close all the military bases uh close down go on close it all down give it all back Retreat to your country and make your country great and I think people are seeing a lot of talk that's self- serving to the US but yet yeah okay you're actually not that isolationist now again you can say hey well who cares we can get away with it right what do you learn in therapy you get to set a boundary you have to enforce your boundary that's great the other person
can also set their boundary their boundary does not have to be oh but your boundary is perfect I love your thank you so much your boundary is amazing I'm going to suffer so that your boundary can be enforced other countries want to be successful as well and there's more of them all these places are feeling like uh the US is just not a good partner including I mean plenty of these countries never really felt that and they're getting bigger the ones you never hear about Indonesia fourth largest population in the world uh that they're going
to work with China um southeast Asia it's a block the 10 aan countries basically with China Cyrus janssen's going to come and speak at noad capitals live this year you're going hear him saying how this region I'm sitting in right now it's going with China now you can think that's right you can think that's wrong you can think they're stupid you know what like it's funny to hear that from people on the rightwing that I've traditionally been more associated with who say we don't need the government to help us they don't they shouldn't treat us
like we're stupid why do you need to treat people in other countries like they're stupid let them let the Malaysians make the decision for how they want to run their country and who they want to be associated with and whether the us or China gives them a better deal they've decided it's not you and so we can be angry and we can stomp our feet and you know like we're 15 years old but here's the point I think if you hold a US passport all this geopolitical stuff uh I get it some of it's it's
just negotiating it's shaking things up hey the countries the US is headed the wrong direction so people stepped up and said we're going to elect kind of a wild man to go out there and shake things up and he's going to say some stuff that would they say take him seriously but not literally I get it are they invading green honestly I don't know but I can you know if you want to tell me they're not invading Greenland fine I'll believe you but what are countries doing well you saw it not long ago uh with
the new Chinese AI that caused Nvidia stock to fall out of bed uh countries like China for as much as they can be maligned by us politicians uh they're doing some pretty interesting stuff and they're selling that Ai and cars and all their stuff all over the world and they're seeing more and more markets to sell that stuff one of the arguments that people have said when I say invest in foreign countries is just invest in the S&P 500 it's got companies and they're the global leader in whatever they do Coca-Cola for example and maybe
Coca-Cola is a pretty good example of that but are car companies in the US going to be selling their cars all over the world well no probably not really that much in never was in Europe Trump was right about that too in Asia no in Africa no in Latin America uh decreasingly so so this idea that pissing everyone else around the world number one if you live in the United States if you own a business there may be fewer markets to sell to or there may be some kind of economic barrier imposed I I wonder
when countries are going to start putting sanctions on now you know it might not be a country that you really do much business with if any business at all but it's more and more allies and it's more and more people who are deciding which way to go uh say hey we're going away from the US that's going to hurt you if you live in the US if you run a business if you have a job I mean just look at the tariffs uh you know in Canada they're taking American Products off the shelves well if
you do that long enough and if you do that at scale that's going to hurt American jobs but more importantly what does that do to your reputation as a US passport holder again I've been sitting here 12 years and I've said stuff that 12 years ago you would have thought was crazy I don't know what the future holds but if you told me 12 12 years from now that there was going to be a much lower opinion of US Passport holders around the world that they might be subject to increased scrutiny that they might be
shuted of certain opportunities entirely uh I would not be at all surprised I mean when Barack Obama put fat kit in place Swiss banks and many other banks around the world said we don't really want Americans anymore sorry too much work we have plenty of other money they're doing the same thing that you're doing see you've got a boundary we don't care about anybody else we're so great if they don't like us give away yeah Switzerland is even wealthier hey we don't need their money go away Two Can Play That Game and what did Ron
Paul say uh walls can keep people in as much as they keep people out there could be a sort of invisible wall a new Berlin Wall as it were that Americans uh if you don't have allies or if you certainly have fewer allies uh where are you going to go when something happens in your country whether it's economic I mean we help people move overseas because they just don't like paying the high taxes in the US and many other countries we help people move overseas because they want more personal freedom I feel a hell of
a lot more personally free in all the places that I go I just feel it in my body can't even explain it perfectly just feel more personally free yeah it's great you get the Constitution I feel more personally free we help clients do those things but I I really think um you know there's going to come a time listen Maybe it's decades from now maybe it's a couple years from now when Americans when all these countries just say you know we're we're just kind of done with you and we're already kind of at that point
where you know Bankers they just want money your American money comes with baggage some guy from Vietnam or Colombia's money comes with no baggage they'd rather take that money cuz money's money and so I think that that possibly could be what the future would hold if nothing else it's a nonzero chance that could happen and I think Ron Paul's quote on walls keeping people in is important but here's why I'm politically homeless I have a number of right-wing positions but I think I'm out of league with the current rightwing in that I believe in dual
and multiple citizenship and you're seeing a real push back on that not so much from the left wing in the Legacy brain countries but from the rightwing uh it was Trump in his first term that made life more difficult for Americans who live overseas you got almost zero press coverage of it Doug Casey I got my picture on the wall with him from uh the first time he came to Nomad cpst live he was the only person I talked to outside of my business uh that even knew about that and I think I saw one
Wall Street Journal article about it it wasn't Biden that did that now Obama made fatka fatka was an enforcement mechanism for a law that already existed I'm no great fan of uh Obama or Chuck Schumer or that guy from Pennsylvania Bob Casey who got thrown out this year I was very happy to see that uh for their role and and everything from fatka to to given Eduardo Savor and grief and people say oh Trump's empowered the country is going to be great it's not my job to judge that but I do believe that fundamentally the
United States is heading in the wrong direction can Trump make some cosmetic changes to that perhaps the culture of the United States is extraordinarily immature and childish on a global scale in terms of we don't need anybody else but actually you do and I think that the world is kind of tiring of that now you know other countries are not going to stop Americans from getting second passports and bringing their money there just because they're upset over time there will be fewer opportunities and some of the special programs that Americans have had for them may
go away as things get renegotiated so from my perspective this is a time when you want to get a second passport uh I I I've been getting second passports for years so that's nothing new for me to tell you but this is another reason to do it for sure uh what happens if some of this stuff all comes together and the US becomes kind of isolated and then something happens or somebody comes in or whatever the next thing is where you're like holy cow I want to get out of here I want my money out
of here I want my family out of here this is not what I imagined there's going to come a time when it happens because the US fundamentally is in Decline it is a detonation the culture is all messed up uh you know Trump is not going to fix uh a mentality uh of people who can't find uh you know Mexico on a map and who think the way that we're talking let's be honest the culture created Trump trump didn't create the culture the culture put Trump in power and I think eventually that comes back is
the rest of the world ascends to bite US citizens in the butt if you never plan on leaving Gary Indiana yeah your company's ability to sell less stuff around the world uh May mean you make less money if you own the company or you might not have a job if you're an employee but otherwise some of this may not matter to you staying Indiana enjoy your life as much as someone in Gary Indiana can uh spoken as someone whose grandfather grew up in Gary Indiana but for those of you who want to be Nomad complice
you want a backup option and I would want to get those options in place now if you were Russian and you got your second passport back in 2019 2020 2021 uh generally speaking as long as you did nothing untour uh you're in good shape you have that second passport once the war started a lot of bets were off and so uh I I wonder really at a certain point when the US talks tough on Panama how many countries if they do something too far how many countries say yeah we're coming together and condemning the United
States not as many as condemned Russia but over time I think it potentially gets worse and so I'd rather have the passport now than later I'd rather have the residence permit now than later I'd rather have the bank account where I'm likely to be grandfathered in now more than later uh I want that stuff set up now if you'd like our help to set it up you can go to nomad.com apply we help clients uh who have either half a million dollar a year income or a million dollars in liquid assets or more all the
way up to the nine and 10 figures go to Nomad compass.com apply if you're not there yet we get together the biggest event of Global Citizens at a high level with the best knowledge networking and entertainment it's called Nomad capist live it's coming up this September tickets are going on sale soon you go to nomad.com you join us in Malaysia you get a chance to see up close and personal what's actually happening in other parts of the world and why you need to take this seriously [Music]
