[Jack Black]

Many countries don't really want retirees. The Caymans won't accept anyone for citizenship over age 60. Mostly, at that point, especially in a socialized medical system, your cost is going to outweigh your value.

Some places make special rules for people of independent means. Hard to see that many Americans (with our collapsing pension systems) are going to qualify for that, though.

[Jack Black]

What we can learn from Iceland experience:

1. Taking loans in a foreign currency is a bad idea.
2. In real democratic republics citizens are given a vote
before huge bailouts are given to a small group.