Essay: Top 12 reasons why people are flocking to the USA and leaving the corrupt, authoritarian countries of China and Russia

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"Give me liberty, or give me death!" - Patrick Henry

Previously, I wrote the below essays:

These essays certainly give many good reasons why people would not flock to China and Russia and they also provide plenty of evidence that the countries are corrupt, authoritarian countries.

Chinese and Russian citizens are voting with their feet: Many Chinese and Russians are leaving their countries

The flag of mainland China.

Question: Are people leaving China and Russia?

Chinese emigration from China:

Russian emigration from Russia and the demographic crisis of Russia:

Russia is experiencing a large brain drain

The flag of Russia

The war in Ukraine is making Russia's demographic crisis worse (See: Russia is dying out. The war in Ukraine is making Russia's demographic crisis even worse).

Other articles related to the war in Ukraine is making Russia's demographic crisis worse:

For more information, please see:

12 reasons why people are flocking to the USA

See also: The United States will be the leading power in the world for the foreseeable future

The flag of the United States

Previously, I wrote the essay at The United States will be the leading power in the world for the foreseeable future.

And an article Top 10 Reasons Why People Move to the US certainly gives some legitimate reasons why people are moving to the USA.

But I would give two more which I mention below:

  • When compared to many countries, there is still a lot of political freedom in the USA.

China and Russia and the issue of religious liberty

China has state atheism (See: China and atheism).

Russia has less religious liberty in the USA in various respects (See: Restrictions on religious activity and/or religious persecution in Czarist, Soviet, and contemporary Russia).

Russian corporations hit by a tsunami of bankruptcies and millionaires and other high income people fleeing Russia

See also: Russia's unfriendly business environment

Russia has seen a sharp spike in corporate bankruptcies, according to a report that comes as Vladimir Putin looks to tax companies more to pay for his social program and the sanctions-hit economy continues to face turbulence.[1]

On March 7, 2024 Newsweek reported:

Russia has seen a sharp spike in corporate bankruptcies, according to a report that comes as Vladimir Putin looks to tax companies more to pay for his social program and the sanctions-hit economy continues to face turbulence.

The business newspaper Kommersant reported that in the first two months of 2024, corporate bankruptcies had increased by more than a half compared with the same period last year—and experts predicted an increase in insolvencies in future.

Bartosz Sawicki, market analyst at Conotoxia Fintech, told Newsweek Russian firms are facing refinancing issues "as the effects of monetary tightening are starting to kick in."

Kommersant said that in January and February this year, 571 and 771 companies respectively, were declared bankrupt—57 percent and 61 percent more than in the same months in 2023, citing court records in the country's Unified Federal Register of Bankruptcy Information.[2]

A 2024 Business Insider article indicates:

"Companies are experiencing problems with refinancing as the effects of monetary tightening are starting to kick in," Bartosz Sawicki, a market analyst at Conotoxia, a Polish fintech firm, told Business Insider.

Apart from war-related sectors such as arms production, the Russian economy looks "far from rosy," Sawicki said.

"Although Russian companies are doing their utmost to dodge sanctions, international trade has become a significant issue for plenty of them," Sawicki wrote in an email.

"The private sector also feels the pressure of macroeconomic instabilities, which deepen as the economy is on the verge of overheating," he added.

It could get worse.

Russian President Vladimir Putin's regime is coming under tightening Western trade restrictions, including secondary sanctions against companies doing business with the country.

Putin has also pledged to give Russians billions of dollars in lifestyle upgrades weeks before they head to the ballot for the country's presidential election later this month.

While it's unclear where the extra budget for Putin's promises will come from, the Russian leader has proposed changes to the tax system that are designed to result in more taxes from high-income individuals and businesses — which could put even more pressure on private companies.[3]

Many high-income people are fleeing Russia


The places that millionares are leaving in 2023-2024. Russian is 4rth on the list.

Why has the West been so successful?

See: Why has the West been so successful?

In the above map, the Western World regions of the world are colored light blue.

There are countries in Asia that have adopted much of Western values such as Japan, South Korea and the Philippines.

The above graphic comes from the video Why the West Won’t Collapse with Stephen Kotkin (Stephen Kotkin is an American historian, academic, and author.)

For more information, please see: Why has the West been so successful?

The citizens of the United States are happier than the citizens of Russia and China

See also: The citizens of the United States are happier than the citizens of Russia and China

Previously, I wrote the two essays at:

The data below, builds on the data in the above two essays.

According to the World Happines Index, the citizens of the United States are happier than the citizens of Russia.[4][5]

Are the Russians as unhappy as they claim they are? There are so many reasons why the Russians are unhappy! Don't miss out on all the reasons. Click the link below!

See also: Are the Russians as unhappy as they claim they are?

User: Conservative's international relations essays

"When I was a boy, the priest, my uncle, carefully inculcated upon me this proverb, which I then learned and have ever since kept in my mind: 'Dico tibi verum, Libertas optima rerum; Nunquam servili, sub nexu vivito, fili.' 'I tell you a truth: Liberty is the best of things, my son; never live under any slavish bond." - William Wallace

General

The United States

China

Russia

War in Ukraine

Patriotic songs about America

External links

References

  1. Russia Hit By Tsunami of Bankruptcies, Newsweek, March 7, 2024
  2. Russia Hit By Tsunami of Bankruptcies, Newsweek, March 7, 2024
  3. [Russia's economy appears resilient, but companies are going bankrupt by the hundreds], Business Insider, 2024
  4. A color coded map of the world levels of happiness as measured by the World Happiness Index (2023)
  5. World Happiness Report 2023