Search Results for "facta"

FACTA from the British View – Are you an American?

COMMENT: Dear Martin, Just opening a new bank account in the UK, and one of the questions is “Are you a US citizen?” ANSWER: Those in government cannot see that Fair and Accurate Credit Transactions Act (FACTA) is destroying the world economy. The velocity of money internationally is dropping sharply by what appears to be approaching […] read more

FACTA & The Penalties

  Americans are treated as simply the property of the state. The line to resign American citizenship is at historic highs. The penalty for an American failing to notify the USA that they have an offshore account is a fine up to $500,000 and 10 years in prison. They also have a penalty. A non-willful […] read more

Cryptocurrencies Down into July?

COMMENT: I found it very interesting when my bank would not allow using a credit card to buy cryptocurrencies. A friend of mine in Singapore said the government there has also instructed banks not to honor cryptocurrencies. It appears that government is starting to retaliate against the cryptocurrency world and I must question its viability long-term. […] read more

Freedom of Religion under Attack?

  The attack upon religion in Australia is not what one would call a direct assault. It is also not unique to just Australia. This is simply the way prosecutors expand the envelope of power. They look at a single issue and seek to address that issue alone. They rarely look at the implications beyond their immediate objective. Take FACTA in the USA. The objective is to […] read more

How FATCA is Destroying the World Economy & Americans

The horror stories from Americans around the world are just unbelievable. The IRS and FATCA are hunting people everywhere. This is part of the Decline & Fall of the United States. Whenever a government turns against its own people for taxes to sustain its life, the end is never far behind. This is part of […] read more

When the Foreigner Becomes the Ruler

A lot emails have come in where people did not realize that Stalin was no more Russian than Hitler was actually German. Hitler’s father, Alois Hitler Sr, (1837–1903), was an Austrian Civil Servant. If we look at the same trend of an outsider rising to the head of a nation we need look no further than […] read more

Gold – Dollar – Reality

QUESTION: Mr. Armstrong, its seems rather clear that for the last 30 years you would have been far better off just buying stocks rather than gold. I do not understand how people can even listen to these gold promoters who have no regard for a person’s financial survival. I have to wonder if they are […] read more

First the DEFLATION – then the INFLATION

  When the Roman Empire collapsed during the reign of Gallienus (253-268AD), for the next two waves of the Economic Confidence Model (17.2 years) Rome remained in chaos. Then a general fought his way to power – Diocletian (284-305AD). During this period, inflation soared. Money really became in kind and the purchasing power of the debased […] read more

The Destruction of the World Economy

The Senate subcommittee has been examining tax avoidance by multinational companies. Microsoft Corp. (MSFT), Hewlett-Packard Co. and Apple Inc. have all been the subjects of previous hearings by the panel. The 2013 investigation into Apple uncovered a subsidiary that earned $30 billion over four years with no home for tax purposes. The subcommittee also has investigated […] read more


  The Commerce Departed originally put out 0.1% but it was revised to -1%. The economic growth has been marginal for the last year because we are seeing (1) rising taxes, and (2) rising unemployment from public sector. There has been no real expansion of the economy thanks also to FACTA that has had the […] read more