America's Brightest Flee Country for Emerging MarketsPosted by Brittany Stepniak - Monday, September 24th, 2012
No one knows what the future holds, but the majority of Americans aren't optimistic about it...
We go about our daily lives in fear of what will come if our country doesn't get back on track in the aftermath of the coming 2012 election.
Instead of waiting out the bumpy ride, many young adults aren't taking any chances: They're emigrating before the economy totally bottoms out — and they're doing so in record numbers.
Many who relocate abroad blame the increased levels of crime, higher taxes, rising costs of education, and the decreasing quality of public school standards. The lack of jobs and dissipating financial security are sighted as the most prominent cause for people's migration.
In one example, 26-year-old Karan Aneja chose to return to his parents' home country in order to more realistically pursue his career amibitions.
Although his parents left India decades ago, Aneja believes there is more opportunity for him to achieve something revolutionary in one of the world's fastest-growing emerging economies. For Aneja, America didn't offer the success and security he was looking for.
He felt the only way to break out from the pack was by taking a risk and leaving everything from the land he called home for a quarter of a century.
During an interview about why he chose India over the United States, Aneja said:
"(in India) you can do something and actually see the fruit of your labor.”Making a new home in New Delhi, Aneja has launched a health care business providing medical services to individuals of all ages in the area. Karan Aneja is setting his own trends now. As an intelligent entrepreneur, he is setting business trends as well as migration trends.
Hundreds of U.S. immigrants are migrating to less-developed countries to be a part of the rising action in hopes of maintaining a better quality of life — the type of life their parents envisioned when they first came to the United States in pursuit of the American Dream.
In the past few decades, 'The American Dream' has turned into 'The American Nightmare': 16% of America's youth remains unemployed and there are limited options for even the most educated men and women in today's America.
College graduates who want to start their own families don't want their children to face the same hardships they endured: paying over $100,000 for a college degree that couldn't proffer a career, or in many cases, a job interview.
Sociology experts aren't the least bit surprised that more and more young, educated Americans are feeling forced to start a life elsewhere abroad. But the financial woes certainly aren't limited to the younger generation...
Americans of all ages are leaving the U.S. in hopes of taking back control of their wealth and to seek professional paths that simply aren't available in this economy and job market.
Any sense of security you might have in America could be altered with the drop of a hat. We're just a hasty Fed policy away from a
"fiscal Grand Canyon."Americans Leaving US in Record Numbers