by Jeff Berwick
I recently sat down for an interview with TDV Offshore‘s Managing Director Paul Seymour to discuss the worsening worldwide situation for financial privacy and economic survival. Topics included the Panama Papers, precious metals, self-directed IRAs, 401Ks, The Foreign Account Tax Compliance Act (FATCA) , offshore bank accounts, offshore corporations and Paul’s belief that a financial catastrophe may loom as soon as October 2016.
You can see the video below.
The main thrust of our discussion involved ways people can protect themselves from laws and regulations being passed throughout the West that are stripping savers and investors of their financial privacy. Once financial privacy is removed, it is easy for government to confiscate funds on a massive scale. It’s happened over and over throughout history. Paul believes, as I do, that it’s going to happen again in the West, and relatively soon.