http://email.responseaction.com/q/140ocdFDpixlsGysd5I9h/wv to view this message in your browser. - Response Action
Network. Below please find a special
message from one of our advertisers. Please note that the following message
reflects the opinions and representations of our advertiser alone, and not
necessarily the opinion or editorial positions of Response Action Network.
Devastating New Currency Law Now in Effect
05.14.2015 by Mike Palmer, Stansberry Research
298x224_President_Barack_Obama_pauses_for_a_moment_of_silence_during_a_9-11_commemoratio
Hidden within H.R. Bill #2847, is a little-known provision
known as "FATCA."
The first part of this law went into effect last year. The
rest of it will roll out, piece by piece, through the end of 2018.
Few Americans have any clue about what this is—but FATCA
actually stands for the “Foreign Account Tax Compliance Act.”
Like many problematic pieces of legislation, this one sounds
innocent enough.
But it has major repercussions—which could expedite a
worldwide flight from the U.S. dollar and ultimately result in billions in
potential losses for U.S. citizens.
RELATED: The #1 way to protect yourself when the U.S. dollar
collapses
For one, this law means any institution that deals with U.S.
dollars has to now comply with the IRS… which means many institutions could
essentially stop dealing with U.S. dollars.
For another, this law makes it increasingly difficult, if
not impossible, for the average American to get some of his money out of U.S.
dollars, and into more stable currencies via foreign banks.
Already, we've seen two of the largest banks in the world,
JP Morgan Chase and HSBC, set all sorts of new rules and regulations
surrounding international wire transfers and how you can get your cash out of
the bank. Many small banks have reportedly followed suit.
We’ve heard several reports already of banks now refusing to
accept American citizens’ deposits. And this trend is likely to accelerate
rapidly in the months to come.
But most importantly, this law may signify that a true
currency crisis is much closer than most people think in America.
This new law is a clear example of what are known as
“Capital Controls.” And this is exactly what broke and desperate governments do
when they know the value of their currency is about to collapse.
We've seen governments around the globe pull these stunts
over and over again… right before a currency devaluation or collapse.
And now it's happening right here, in the United States of
America.
Porter Stansberry, the founder of a Baltimore-based
financial research firm says: “The same financial problems I've been tracking
from bank to bank and from company to company for the last six years have now
found their way into the U.S. Treasury. What it means is critically important
to every American.”
RECOMMENDED: How Financial Expert Porter Stansberry is
Protecting His Own Family from a Currency Crisis in America
Stansberry continues: “The next phase in this crisis will
threaten our very way of life. The savings of millions will be wiped out. This
disaster will change your business and your work. It will dramatically affect
your savings accounts, investments, and retirement.”
“It will change everything about your normal way of life:
where you vacation… where you send your kids or grandkids to school… how and
where you shop… the way you protect your family and home.”
Porter Stansberry and his research team have put together a
full, written analysis of not only what they believe will happen next, but what
you can do about it.
Source:Response Action Network is an online activist
resource for liberty oriented causes. 9625 Surveyor Court, Suite 400
Manassas, Virginia 20110. You can access this detailed analysis, free of
charge, on their website, right here…
No comments:
Post a Comment