Foreign Banks Are Refusing Overseas Accounts for Americans
Posted: Sun Jul 21, 2013 7:25 pmIt has been a standard development throughout history that any country’s government that made it difficult for its citizens to move assets beyond the borders of the nation descended into totalitarianism. If it didn’t eventually allow free capital flows, then that government ultimately failed. Just because the nation may be the United States of America does not mean it is exempt from this historical pattern.
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