“You never hear of financially sound countries, like Switzerland, Singapore, or Hong Kong, advocating privacy-killing measures like FATCA. You never hear their governments denouncing the supposed ‘danger’ of tax havens. It’s only the bankrupt states drowning in debt – like the US, France and the UK – that have become hostile to privacy. The hostiles have won. Practically speaking, financial privacy is dead. Given what has happened, it’s only prudent to assume that sooner or later all the details of your financial life will come to rest in a government computer – if they’re not sitting there already. You should plan accordingly.”

http://www.thedailybell.com/exclusive-interviews/36224/Daily-Bell-Staff-Nick-Giambruno-Securing-Your-Assets-When-Financial-Privacy-Is-Dead/

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