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by Tsubasachan 2635 days ago
Rich people have multiple passports, Swiss bank accounts and real estate in New Zeeland for when shit goes down. They have options. Namely get the hell out of Dodge. I don't think they are really all that attached to Miami.
3 comments

Miami's mistake was in not developing their port to be a more critical piece of infrastructure to the United States. It's just not that important as a port. As a piece of infrastructure in the US portfolio, it's totally expendable. It's just not a New Orleans, or Norfolk, or Galveston/Houston type port.

Not sure what the best way forward for Miami is? Dams and pumps won't help, because they sit on limestone. They could try to recreate Venice, but they already have some fairly serious issues with algae blooms. Shallow canals will definitely not help those issues. I don't know? Maybe there will be some new technique for living with water than comes along, and they can implement that technology?

But you're correct, at the moment, the most reasonable course of action is definitely, "Get the hell out of Dodge."

“Rich is a fleet of private planes with a decoy to hide your scent”:

https://youtu.be/N7Wami6CJiA

There's a ton of dumb, rich money in Miami pushing prices up to embezzle money out of corrupt regimes all over the world. When things get bad, they'll just find the next place and fly out on private jets. Those flying commercial will be left holding the bag.

Just remember that Miami Beach isn't Miami. There are a lot of Miami residents who don't feel like putting a dime into Miami Beach because it's only tourists and foreigners.