Unfortunately that may be an accurate prediction of the future. While the US is already obviously in a steep decline and completely losing the whole reason why the nation was founded in the first place (freedom, constitution, democracy, and all that stuff that has become super unpopular with the extreme right wingers this century), those forces are indeed also rising in Europe and banging at the gates trying to break in. Hopefully Europe can do what the US failed to do and maintain moral integrity and common sense and its overall humanity, but Europe very well may just be a couple decades behind the US in those forces of evil breaking through to take over.
It seems that in general about a third to half of the human population are just unapologetically xenophobic and bigoted and are rabidly obsessed with destroying their own rights and society as long as that means completely oppressing "the other". Hatred for anyone different (tribalism) seems to be an inherent trait in humanity, even as many people have largely dropped those base instincts in favor of things we call human rights and common sense and morality. Those people in the world who go by the label of 'conservative' are the type of people who simply are unable to move past those dangerous base instincts to live in a modern world, and so they mean to tear it all down along with all the progress humanity has made the past century or two.
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To answer the thread question, earlier this year I was thinking about just this question, in the years to come where would I want to move to get out of the extremist, corrupt, and late stage capitalism sinking ship that is the US...probably Latin America or SE Asia - basically places that while they'd have worse amenities in general than the US, though some stuff like healthcare is significatly better because it is actually affordable and therefore usable, they are nations that are gradually on the rise rather than in free fall like the US, and also have much better cultural identity than the sorta individualist-and-consumer/corporation-is-everything culture of the US.
It'd have to be a place that isn't creepily religious as the US is, basically places where Christianity or Islam rule the cultural identity tend to just be very backwards places to live, and significantly cheaper than the US cuz why move abroad only to go to another expensive nation, and with a different and more interesting culture than American culture.
So non-western culture and somewhat still developing nation is probably better than just moving to another white western expensive potentially soon to be teetering western nation. A fairly buddhist nation (like Thailand or Vietnam), just a country where creepy god stuff doesn't rule the culture, would be ideal. Latin America I think is heavily Catholic, but it doesn't seem as creepy as in the US since it's not tied into deranged white nationalism like the US, and also Latin America tends to have much more lively authentic cultures than the US, while also being a good bit more affordable, though a significant decrease in general safety is the tradeoff.
I do love Europe for being like more familiar as a white american but also with just a much better culture and far less down the road to insanity that the US has become the past 15 years, but between immigration rules / financial rules to live in Europe, cost of living in some of Europe, and avoiding countries where crazy right wing lunacy is rising, Europe is less likely for me personally than Asia or Latin America.
So, basically more lively authentic culture, more affordable, no corrupt right wing extremist lunacy taking over, no creepy deity based oppressive backwards culture. No place is anywhere near perfect, but certain Asian and Latin American countries are probably the best spots, with maybe some more affordable European countries in the mix too.