The Watchman On The Wall

The Watchman On The Wall
Eph 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Verse 13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

Saturday, October 17, 2015

Americans Are Persona Non Grata WR15-324

Gresham's law is an economic principle that states: "When a government overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will flood into circulation."

To explain: the dollar is overvalued and will have value for a brief period of time. But the true currency will be in gold and silver following the demise of the dollar. Gold and silver will be found outside of the country for massive amounts of money. For the record gold and silver are mentioned frequently in the Bible. This type of money belongs to the Lord. Look it up. 

Image result for persona non grata

Jeff Berwick wrote the article below. 
If you’ve tried to open a bank or brokerage account nearly anywhere in the world today you’ll be asked for all manner of documentation.  And that’s if you can even open a brokerage or bank account outside of the US today as an American.
Most banks and brokerages won’t accept Americans as clients. Brokerages around the world have been turning away US citizens as clients for years due to the extreme measures put on them by the Securities & Exchange Commission (SEC) in the US.  And most banks won’t accept Americans due to the Foreign Account Tax Compliance Act (FATCA) turning every bank in the world into an arm of the IRS along with the requisite paperwork and expense.
But even if you aren’t American you will find your banks and brokerages demanding more and more information about your citizenship, residency, employment and tax information. To the casual observer, it may just seem like a nuisance… but there is a very nefarious reason for this trend.
It is because almost every government on Earth today is bankrupt after decades of socialism, democracy and fiat currency based central banking.  It has enabled these governments to go into debt never before imaginable… but the game is close to coming to a halt.
In 2013, the International Monetary Fund stated the following:
“The sharp deterioration of the public finances in many countries has revived interest in a “capital levy”— a one-off tax on private wealth—as an exceptional measure to restore debt sustainability. The appeal is that such a tax, if it is implemented before avoidance is possible and there is a belief that it will never be repeated, does not distort behavior (and may be seen by some as fair). … The conditions for success are strong, but also need to be weighed against the risks of the alternatives, which include repudiating public debt or inflating it away. … The tax rates needed to bring down public debt to precrisis levels, moreover, are sizable: reducing debt ratios to end-2007 levels would require (for a sample of 15 euro area countries) a tax rate of about 10 percent on households with positive net wealth.”
In other words, in 2013 (when debt levels were much lower than today) the IMF was already proposing a worldwide tax on wealth!
This is why you need to fill out form-after-form of info whenever you do anything.  It is so all of your wealth can be tracked for when the IMF, or other facilities, want to impose a tax on your wealth.
They don’t track it all because of “money laundering.” (Of course, the main reason anyone would want to launder money IS because they are being tracked and taxed so much.)
And they don’t track it all because of “terrorism” since the US government/CIA/NATO is the biggest funder and procurer of “terror” on the planet today.
They track it all because they know nearly every government in the world is nearing its breaking point in terms of debt and, according to the IMF, this “sharp deteriorating of the public finances in many countries” requires a global wealth tax in order to “restore debt sustainability”.
Of course extracting 10% of the world’s wealth in order to make government debt more “sustainable” only means that money will be taken from productive people and used to pay off a small percentage of total worldwide government debt… and then – having obtained a “breather” – governments will go even  further in debt and repeat until almost the entire world is impoverished.
We’ve discussed the coming global raid on your assets but there is something even more disturbing lurking in the feverish minds of international policy makers. They are not just obsessed with making monetary policy on a global scale; they wish to induce the world to abandon cash altogether.
In South America, various countries such as Uruguay and Ecuador have begun moving aggressively in this direction by leveraging the banking system to demand more digital transactions. But it may be in Europe that progress toward a cashless society is most advanced.
In a recent article, the reported on the progress of Sweden in moving in this direction. Sweden is a tech-literate and homogeneous society that can accommodate such a major change and adapt quickly. The article tells us that “Researchers at Stockholm’s KTH Royal Institute of Technology are confident that the Swedish population has almost completely embraced Swish – a digital person-to-person, real-time payment system loosely similar to PayPal.”
A cashless society in Sweden is now inevitable, we learn:
The result of collaboration between major Swedish and Danish banks, Swish is a direct payment app that is used for transactions between individuals, in real time. The service’s direct collaboration with Bankgiro and Sweden’s national bank, Riksbanken, is a critical factor in its success. Besides simplicity and lower costs, digital payments also add transparency to the nation’s payment system. Several banks in Sweden already have 100 percent digitalized branches that will simply not accept cash. 
What works in Sweden’s highly adaptable and obedient society may well not work elsewhere, but there is no doubt the proverbial gauntlet has been thrown. Over the next years and for as long as this bankrupt monetary system survives, central bankers, financiers and top politicos will work hard to try to implement a “cashless” society with the idea of making everyone’s portfolio and transaction history available and taxable at “the push of a button.”
Unless you enjoy having your privacy removed in this manner, you will probably want to begin planning now to counteract the transparency that the banking cabal is sure you desire. Some of their more grandiose plans may not come to fruition but the many that do will damage many an unsuspecting and unprepared family before the system finally comes crashing down – the victim of its own hubris and institutional contempt.
Buy hard assets.  Keeping a large amount of your wealth in almost any fiat bank in the world is risky behavior.  That is where they have the easiest time “bailing themselves in” as Cypriots found out.  The more you can have outside of the financial system the better… preferably in privately held and stored gold/silver, foreign real estate and even in things like bitcoin (which isn’t technically hard – but it is referred to as digital gold for a reason… because it digitally copies the qualities of gold).
Expatriate.  Why wait around in Europe or the US for the final collapse?  By becoming a resident, or even better, a citizen of a much less indebted country and renouncing your citizenship, you can help extract yourself from their systems.  As example, if an American were to get a second passport and officially renounce US citizenship they would no longer have to pay worldwide income tax… and they also wouldn’t be under the ever-watchful eye of the biggest tax collection regime in the world, the IRS.  If that person kept most of their assets in hard assets and became a citizen of, say, Peru (see more on getting Peruvian citizenship quickly, easily and cheaply here) the Peruvian government (and most non-Anglosphere countries) does not have the tax collection, surveillance and enforcement capabilities of the US… and so even if a global tax on wealth were instituted it is unlikely the Peruvian government would have the means or ability to enforce it on you.
Keep funds outside of your home country.  Having funds held offshore and, even better, in some sort of legally protected trust can protect you from a global wealth tax as well as the ever-searching hands of your home tax department.

Become a Permanent Traveller/Prior Taxpayer (PT).  We’ve informed TDV subscribers for more than half-a-decade on how to arrange your affairs so that no single country has the capability to “own” you.  It’s not as hard as it sounds and is the way to live freest in this most unfree world.  Later this month, or at latest in November I’ll be releasing a book on the PT lifestyle that will be free to subscribers.

No comments: