Jeff Berwick Archive
Jeff Berwick Anarcho-Capitalist. Libertarian. Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks. Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media including CNBC, CNN and Fox Business. Email this author.
The U.S. government is in much worse shape than Ukraine fiscally. And as the rest of the world begins to move away from the dollar, it will be game over for the current financial and monetary system in the United States.
European governments and institutions have already begun seizing private pension funds, slapping 20 percent taxes on all incoming wire transfers, confiscating up to 50 percent from private bank accounts and even stating all the savings of Europe are fair game.
The geopolitical stakes in Ukraine have brought us to a quasi Cold War redux, as Western powers the European Union and the United States have made it clear their intention to “support” (read: meddle in) Ukraine. In the meantime, Russia has sent troops to the border of Ukraine in what are being called exercises.
The most recent revelation of eurozone wealth confiscation: Italian banks have been ordered by the Italian government to withhold a 20 percent tax on all inbound wire transfers. As Zero Hedge puts it, “[A]ll Italians are money launderers unless proven innocent.”
The days of the Federal government’s stealing money from taxpayers or borrowing it from the Federal Reserve to save troubled banks — as in it did in the 2008 crisis — may be over. Congress is considering imitating the theft in Cyprus and letting troubled banks “bail in” depositor money in order to make themselves solvent.
The stroke of midnight passed, and the U.S. government turned into a pumpkin. Well, we wish. In fact, the U.S. government, like some eternal zombie, continues to walk the Earth even without the souls of taxpayers upon which to feast. But here are 10 ways an actual shutdown of the U.S. government would affect you.
Since I’ve upgraded to the new Samsung Galaxy S4, I have never understood why anyone would want an iPhone, but that is beside the point. Here is a very urgent warning about why you should not buy the iPhone 5S or even upgrade to iOS 7.
Ready or not, Lauryn Hill of Fugees fame has found herself sentenced to three months in a cage for extortion evasion. The extortionists call it “tax evasion,” but calling it by another name doesn’t change what it really is.