
“While there is still an opportunity for you to avoid getting boxed in by a desperate and out-of-control government, nobody knows exactly how much time is left. And once official capital controls are implemented (#3), your wealth is trapped and things tend to unravel pretty quickly. Developing your internationalization game plan does not mean you have to leave your home country. It is possible to achieve a certain level of international diversification without needing to leave your living room, for example, by opening a foreign bank or brokerage account remotely. The idea is to create your own personal insurance policy to immunize yourself from the common destructive measures of a desperate government.”
Related posts:
'Why I gave up my US passport'
Detlev Schlichter: Of interest and the dangerous habit of suppressing it
BEARCAT Bread And Circuses, Or Why I Ripped Up My Ticket
My Question for Simon Johnson
Liberty Is Making the World Richer. You're Included.
The Iraq War: 10 Years Later - Anthony Gregory
Ignore Saudi and Israeli Goading for Muscular U.S. Mideast Policy
Hiroshima: Lincoln's Legacy to Civilians
Bill Bonner: When the Feds Tell You Bend Over…
Former IMF Chief Economist: Sadly, Too Big to Fail Is Not Over
Eleven Years after 9/11, Guantánamo Is a Political Prison
How to Use Public Health to Control Everything
Should You Be Forced to Vote?
Petting & Walking With Cheetahs in Africa at Mukuni Big 5 Safaris
Keep Families Together: An Anarchist Christmas Message