by Nick Giambruno, Senior Editor
Financial privacy is dead.
You should assume that, sooner or later, all the details of your financial life will land in a government computer—if they haven’t already—and plan accordingly.
A record of pretty much every penny you earn, save and spend is permanently stored somewhere. And the government could retrieve that information if it wanted to.
It’s not a comfortable or happy thought. Knowing you’re financially naked and exposed to an insolvent government hungry for revenue might make you feel like you just ate rat poison for lunch.