"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
10 Reasons Why You Need an Offshore Bank Account
Submitted by Government Deni... on Mon, 2015-01-26 01:00
Here's one: "Almost all of the banking systems in Western countries are fundamentally unsound—leveraged to the hilt and backed by the promises of insolvent governments. Worse, most of these banks only keep a tiny fraction of cash on hand to meet customer withdrawal requests. This means that in the event of a financial shock like another Lehman-style event, you could have trouble accessing your money."
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