“There are three features that distinguish the Lebanese financial system: 1. The banks have the highest cash reserve ratios in the world. 2. The central bank holds the second highest gold reserves on a per person basis. 3. Real financial privacy. Lebanon is also one of the few countries left in the world that still has real financial privacy, both in theory and in practice… just not for Americans, though, thanks to FATCA, which Lebanon has indicated it will comply with. Additionally, Lebanon ranks only behind Switzerland in terms of gold reserves per person according to this chart below from The Economist.”
http://www.internationalman.com/78-global-perspectives/983-would-you-believe-this-country
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
2014: The First Year of the 21st Century Dark Age
Syria and the Perpetual War Economy
Should You Be Forced to Vote?
The FED’s Money Trap
What Percentage of My Assets Should I Hold in Precious Metals?
Obama Follows Bush's Iraq Playbook
The Supreme Court’s Deference to the Pentagon
Will Grigg: The Stalinist in the White House
What the Next Gold Confiscation Will Look Like
The Trick is to Suspend the Constitution Without Admitting It
On Translating Securityspeak into English
Profiles in Pork
Debt: Destroyer of Lives, Businesses, and Countries
Is America A Police State? Marc Victor @ Casey Conference
How crossing the US-Mexico border became a crime [2017]