Archive for October, 2008
Next Entries »How to Survive the Coming Economic Emergency [Part II]
Wednesday, October 8th, 2008In my last blog entry, I described the awesome power of the U.S. President to under an “economic emergency.” That authority includes, among other measures, the power to restrict or even prohibit the transfer of dollars outside the United States. One possible scenario for emergency economic controls would be a run on the U.S. dollar. [...]
How to Survive the Coming Economic Emergency [Part I]
Monday, October 6th, 2008As the global economy implodes, governments throughout the world have responded. So far, that response hasn’t impressed global investors. Stock markets are in free-fall, major banks collapse daily, and even creditworthy consumers and companies find it difficult to borrow money. In the United States, Congress, the Securities & Exchange Commission, the Treasury Department, and the [...]
If You’re a Member of This Club, You Should Consider Offshore Estate Planning
Wednesday, October 1st, 2008Once upon a time, if you had a net worth over US$1 million, you gained entrance to a very exclusive club. It’s not so exclusive today: According to the World Wealth Report 2008, at the end of 2007, there were about 3 million millionaires in the United States, or approximately 2% of the adult population. [...]
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