Looks like Peter Thiel, the Palantir billionaire, has moved his wife and children to a safer country, namely Argentina. Paranoids like me would be curious, why?
Mr. Thiel bankrolled J D Vance’s career, and with his Palantir surveillance and Anduril military intelligence company, is one of the powers behind the throne for Trump administration. If someone knows what is happening and when, it would be him. And considering that he is probably one of the most powerful men in USA, if not in the world, idea of him moving his family to safety from what is supposed to be the world’s most powerful superpower, despite owning a substantial fraction of its oligopoly of violence and being a billionaire.
I first read about it yesterday morning and got curious.
Some of these articles speculate that he might be fleeing billionaire taxes. Ultra-wealthy in general have been buying additional residency permits and passports in various countries for “just in case”, often to park their assets to lower tax region. Maybe Mr Thiel was tax planning, but I think he has a small army of accountants and lawyers, not to mention a layered multinational corporate structure to minimize tax consequences, even if Palantir and Anduril would need to be nominally American to officially maintain security clearances. Some mention that he is worried about nuclear war and the Southern Hemisphere would be less affected by the exchange.
I thought that maybe the fire he was fleeing was not nuclear but from torches of pitchfork crowd. The sentiment online has during past few years considerably hardened on both left and right sides of the isle against billionaires and AI and surveillance state, and Mr. Thiel represents all three, and probably knows about the rising sentiment, having the first hand access to online moods.
Then, later yesterday, I saw a link to this posting…
I instinctively mistrust when an anonymous leak is fed through influencer (which used to be a mainstream paper like New York Times and it famous Deep Throat), but if true, could explain why Mr. Thiel felt a need to relocate, at least his family, despite being very influential individual in US politics, due to providing the tools for the surveillance state (and modern military).
Also, while I understand the need to protect his family, his quest for additional passports (New Zealand and Malta were mentioned) feels in this light a bit like a rat fleeing a sinking ship after gnawing a hole in the hull. In any case, he does not seem to have much loyalty to United States. The same could be said about the other 0.001%ers, who have helped to grow this Doomsday Machine of an economic system and are scouring the globe for bugout residencies – loot a country and flee with profits to the next jurisdiction.
What I would like to know, what are the 0.001% going to do when they run out of countries to loot? What is the end game? A luxury bunker? Face the torches and pitchforks? (And in reverse, what is there for us peasants after everything is gone)? Is there a backup plan? (Other than build an AI master and hope that it will solve the mess – BTW did they hear that it only takes 250 data points to poison even a large LLM? Do they trust the input data? Or do they just “Trust The Plan” – assuming there is one?)
By the way: New Zealand, which was fashionable some years ago, is now suffering from energy crisis brought by long-term malinvestment, meaning any bunkers there better be stocked with fuel. And anything else imported with planes or ships that require fuel to function.