The U.S.
government has plans to strong-arm some of the largest financial
institutions in the world by imposing a 30% withholding tax on all
transactions concerning U.S. securities.(FATCA)
Most Americans don’t realize that the greatest weapon in our
nation’s arsenal is not our military might or our education system, but
the simple fact that the U.S. dollar is the world’s “reserve currency.”
As such, our money forms the basis of the global financial system. And
banks around the world hold our dollars in reserve against their loans. That’s why, for the past few decades, we have been able to print and borrow trillions of dollars, with no real negative impact.
We are the only country in the world that does not have to pay
for imports in a foreign currency. We can rack up enormous debts and
then print more money. But this exorbitant privilege could soon expire, because many
of the most powerful countries around the world (including China and
Russia) are looking for a new world reserve currency.
And when the U.S. dollar is no longer the world’s reserve
currency… when we can no longer print money and borrow absurd sums
without consequence– we are in trouble.
DOUBLE TROUBLE.
For those who have capital to worry about...
Get your money out of reach of the Government. FATCA is evidence that the government knows the dollar is about to collapse when it tries to regulate transactions in foreign countries which will most likely lead to an even further and faster fall when businesses refuse to conduct transactions in $'s. Might wanna do this ASAP because the government will start flexing its muscles by using tyrannical powers to prevent this move once the obvious is out in the open.
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