“The total value of U.S. private pensions stands around $18 trillion, more than 25% of that in IRAs — no coincidence that figure is not far from the fast-growing U.S national debt, currently at $16.8 trillion. As our nation’s debt is projected to skyrocket to a mind-boggling $35 trillion by 2025, you can bet Washington politicians are eyeballing this mountain of pension cash. One way to protect your IRA or other retirement plans is to move your plan out of the jurisdiction of the United States and locate your assets and their management offshore, or start a new plan offshore.”
http://sovereign-investor.com/2013/04/18/obama-has-a-new-401k-yours/
Related posts:
Eric Margolis: Kicking Sand In Russia's Face
Bill Bonner: Don’t Be Fooled By the Wealth Inequality Debate
Atlantic Mag Shock: US No Longer Under 'Rule of Law'
Edward Snowden – A Real American Hero
Bill Bonner: The Massive Problem Threatening the Global Recovery
We Must Not Be the World’s Policeman
Bill Bonner: The Dumbest Investment Mistake You Can Make
Peter Schiff: The Half Full Economy
Eric Margolis: Who Killed Benazir Bhutto?
Ron Paul: Iraq Collapse Shows Bankruptcy of Interventionism
Bernanke to Oprah: "I've Been Doping for Years"
Is the U.S. the World’s Moral Authority as Obama Thinks?
Bitcoin: The Tyranny Test
Glenn Greenwald: What Foreign Policy “Debate” Means on “Face the Nation”
Civil liberties may not survive the 'Gorgon Stare'