So I’ve read a lot lately (the past few months) about people who had immigrated to America that are emigrating back to their original home country. Most of the cases I’ve seen have been people going back to China and India.  I understand why someone might do this on the surface (these economies are ‘booming’), but when you actually think about it, personally I think it makes absolutely no sense.  Let’s explore….

Never having immigrated somewhere in my life, I can only speculate; but I think that there are two main reasons why someone leaves their homeland. The first being they’re in eminent danger (i.e. war, the KGB, civil unrest, drug lords, etc.) and the second is to find somewhere with more opportunities to flourish.  Now correct me if I’m wrong but over the past generation there hasn’t been so much more eminent danger in India or China than there is now, right? This leads me to believe that people leaving India and China to go to America because it was (is it still?) the land of opportunity and not because India and China were war torn countries.  So, people left their homeland seeking opportunities and now feel that opportunities are better back home and are therefore heading back. (Let me say one thing before we go any further here, I am Canadian and have disliked most of what the US has done for the better part of a decade now, so this piece is not an emotional response, it’s purely subjective… I hope) I do not know why these people are doing this, well I think I do – opportunity, but it seems like an incredibly big gamble. I have done a bit of reading/research on China as of late and here’s why I think moving to China could pose a really big problem.

China’s economy has continued to grow even when everyone else’s was shrinking. Yet China relies on the world to buy products from them. So the world is not buying products, yet the product maker is still making lots of money, strange no? Well it is. The agree upon reason for this that I could find is that the Chinese government, for reasons of communism and dictatorships, is forcing banks to lend money to businesses and citizens at very low rates.  This is essentially leaving the market open for very bad debt, not to different from the housing market in the states in the last few years. This inexpensive money is resulting in people investing other people’s money (in this case banks) into things they know nothing about, for example the Chinese Stock Market – which continues to rise strongly. But really how long can this cycle go on for? At what point in time will this all come falling down? If and when it falls, what’s going to happen to the people of China? Something tells me their government is not going to be as supportive as the American government was of its people (making sure companies don’t fail so people retain jobs – as much as they could that is).

With this potential bubble (see what Google has to say about it) not to mention Chinese living conditions, constant disease outbreaks, disastrous working conditions, lack of free speech and whatever other ridiculousness that people over there put up with on a constant bases. I can’t fathom why moving there with ones family (in the chance that China doesn’t catch on fire and blow up in the not too distant future) is even a consideration once you’re in America… or Canada.

Good Luck