A Reasonable Confiscation, the kungen kortspel gratis EU has declared that a reasonable confiscation might be all deposit amounts over 100,000, but there can be no certainty that they will ultimately limit their confiscation to that amount.
Banks are now a time bomb for depositors.
So, what to do?
If this isnt possible, he would be best protected by selecting the most advantageous single jurisdiction that protects him in as many ways as possible.
Many people who see the writing on the wall are doing whatever they can to exit the banking system as much as possible, in spite of the fact that the banking system is essential to most types of economic transactions.We encourage you to read and evaluate the privacy and security policies of the site you are entering, which may be different than those of Union.Considering the fragility of the bond and stock markets and the concurrent fragility of hedge funds and retirement funds, the most viable choices are precious metals, land, and built property.Also not a good item to have lying around the house.Again, these will be implemented by the banks.Editors Note: One expert on foreign real estate whom wed highly recommend is none other than Doug Casey, the original International Man.
Of particular interest is the following condition: Contents of box: You agree not to store any cash or coins other than those found to have a collectible value.
In addition, many countries in the Western Hemisphere operate under the Civil Law system, which allows squatters to take possession of property, whilst English Common Law (UK and dependant territories) provides certainty of ownership, regardless of the citizenship or residency of the titleholder.
As readers of this publication will know, the banking world, increasingly, is pushing people to put their wealth into cash, and their cash into banks in the form of deposits.Box rental available only from .00vat per year.(Editors Note: We discuss in great, actionable detail our favorite non-bank storage facilities and the safe jurisdictions they are located in, in our.The EU, US, Canada, and several other jurisdictions have, one after another since 2010, passed bail-in legislation, allowing banks carte blanche in deciding when and how much they wish to confiscate.Most reasonable prices in the.With regard to precious metals, the number of private non-bank wealth-storage facilities is on the increase worldwide, in reaction to the increasing demand for alternatives to bank storage.
As such, these two safe havens of wealth will continue, as they have for over 5,000 years, in spite of the efforts of rapacious governments.
One Monday morning, depositors will wake up to the realisation that, over the weekend, confiscation had taken place and their deposits had been raided.
But in order to maximise the amount that will be taken, it will be necessary to force people out of other forms of wealth storage and into bank deposits.