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Virgin Islands Authorizes National Guard To Confiscate Guns, Property, And Supplies
Virgin Islands Authorizes National Guard To Confiscate Guns, Property, And Supplies With the devastation of Harvey still fresh in the public’s memory, stores in southern Florida are already running out of necessities like bottled water, and the Mayor of Miami is telling reporters to expect an evacuation order on Wednesday. But outside of the US […]
Greek Authorities To Launch Mass Confiscation Of Safe Deposit Boxes, Securities, Homes In Tax-Evasion Crackdown
Greek Authorities To Launch Mass Confiscation Of Safe Deposit Boxes, Securities, Homes In Tax-Evasion Crackdown Last week, the Greek parliament once again approved more austerity to unlock withheld Greek bailout funds in Brussels: a symbolic move, which has little impact without any actual follow through, like for example, actually imposing austerity. And while Greeks have […]
India Confiscates Gold, Even Jewelry, in Raids on Hidden Money
India Confiscates Gold, Even Jewelry, in Raids on Hidden Money Global financial repression picks up steam, led by India. After declaring large denomination notes illegal, India now targets gold. It’s not just gold bars or bullion. The government has raided houses, no questions asked, confiscating jewelry. For background to this article, please see my November 27 article […]
Ken Rogoff’s Government Debt Default Plan
Ken Rogoff’s Government Debt Default Plan Ken Rogoff is by all accounts a brilliant man. The Harvard professor and former IMF chief economist is a chess grandmaster. His thesis committee included current Fed vice-chair Stanley Fischer. But like many survivors of Ivy League hoop jumping, the poor fellow appears to have emerged punch drunk. […]
The Empire Has No Clothes
The Empire Has No Clothes Hans Christian Andersen told the story of “The Emperor’s New Clothes” as part of his Fairy Tales Told for Children collection. The tale is almost two hundred years old. Most know how a little boy was the first to announce that the emperor had no clothes. Andersen’s tale is being re-written today […]
Concealment Strategies Against Social Unrest, Theft, or Confiscation
Concealment Strategies Against Social Unrest, Theft, or Confiscation It does little good to spend a lot of time and money in preparing for difficult times if you don’t also plan on securing those supplies against the very threats you are preparing for. Severe social dislocations caused by war, economic problems, or widespread natural disasters are […]
The War On Cash: Officially Sanctioned Theft
The War On Cash: Officially Sanctioned Theft How banks & the government are diminishing your savings You’ve probably read that there is a “war on cash” being waged on various fronts around the world. What exactly does a “war on cash” mean? It means governments are limiting the use of cash and a variety of […]
Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?
Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus? Do you remember what happened when Cyprus decided to defy the EU? In the end, the entire banking system of the nation collapsed and money was confiscated from private bank accounts. Well, the nation of Greece is now […]
Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?
Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus? Do you remember what happened when Cyprus decided to defy the EU? In the end, the entire banking system of the nation collapsed and money was confiscated from private bank accounts. Well, the nation of Greece is now […]
Stunned Greeks React To Initial Capital Controls And The “Decree To Confiscate Reserves”, And They Are Not Happy
Stunned Greeks React To Initial Capital Controls And The “Decree To Confiscate Reserves”, And They Are Not Happy Earlier today, following weeks of speculation, Greece finally launched the first shot across the bow of capital controls, when it decreed that due to an “extremely urgent and unforeseen need” (ironically the need was quite foreseen since about 2010, […]
