But I imagine if the governments keep printing money and devaluing the currency you'd be on the winning side, aligned with the rule makers.

Bad news, last time I checked there's a correlation between wages and productivity, was in 1975 :)Since gold and currency don't interlocked anymore, there's no more correlation between wage, productivity and real estate/debt.In fact If I can speak the truer, getting a mortgage is actually more important than having a job LOL ,why, because mortgage is a hedge of everything, hedge of inflation and hedge of currency/economic activity.

US government debt is another story, but that's the great benefit of having the world's reserve currency.

We are looking into buying in Jamaica for long term investment and retirement.Will be working on the analysis in the coming months.One major issue we are finding is that local mortgage rates are unreasonable in the 12 - 15% based on the local currency.

As you probably know, since January 1, the regulator here in China is now requesting that anyone who is purchasing USD currency declares the purpose of that purchase.

I am a millionaire in 3 different currencies.

The currency became so devalued that there was an expression at the time that it "wasn't worth a continental"!

If only I had done more USA investing when the pound was two to one (I mention this because currency and tax have started to become as critical to my decisions as other factors).if you want exposure to Europe it's probably easier via equities or currencies unless you are keen to learn all the intricacies of the local markets.

I don't say that US will ultimately crash and burn but unless we take some serious (unpopular) measures in reverting this situation I don't see how we will survive the ultimate catalyst - the moment when US $ is not the world reserve currency anymore, as @Eric Bilderback pointed out. 

If homes, go up 5% but the currency is devalued 10% the property is relatively cheaper.