Are Western Countries the Land of Opportunities and of Milk and Honey now?

Ateneo Professor on Entrepreneurship

Many countrymen still flock to the US embassy, bring fake titles and bank certification, lie to the consul, enter into fake marriages just to get green card and be US citizen.  I have seen many families get broken and drawn by the American dream.

Lately I saw a preview in the TV that US is no longer the land of milk and honey.  It is now the land of broken American dream.  Many people live in poverty, there are also homeless and street people and probably squatters.  And probably in greater numbers.  Just like what we have in the Philippines.

With 44 million out of job and receiving SNAPS from the US Fed. (more than10% of their total population of 300 million) we expect the TV feature to be authentic.

Why still go to the US.  The jobs that they have there may be exported to China or the PHL via BPO.  Opportunities are in Asia and developing countries.  They are in Indonesia, Malaysia, Thailand.  It is not even in Japan. It has very difficult situation according to IMF.  It is in deep debt just like USA.

If you want to risk your career or money, according to Gerry Tee, invest where there is blood on the street. Do not invest your future in country that are stable.  There is no more room for growth.  So Gerry who used to work with Lucio Tan said many of his relatives opted to go to US and Canada to have stable jobs and medicare and health insurance. They went there as clerks, and retired as clerks.

He owns several businesses now.

Would you still migrate abroad.?