The Surveillance Beacon in Your Pocket
Here at Nestmann, we regularly bemoan the erosion of our “right to privacy.” The root of the problem is a legal concept called the “expectation of privacy.” Back in 1967,…
Here at Nestmann, we regularly bemoan the erosion of our “right to privacy.” The root of the problem is a legal concept called the “expectation of privacy.” Back in 1967,…
For over 75 years, the dollar has essentially been getting a free ride, courtesy of the fact that it’s the world’s most popular currency. Because so many global transactions are…
On April 6, we learned that from 2019 to 2022, Tesla employees shared between themselves intimate photos and videos recorded by up to nine cameras installed outside – and inside…
In this age of passport confiscations, stricter border enforcement, and compulsory denaturalization, it’s more important than ever to obtain a second citizenship and passport – "just in case.” Take a…
One of the biggest concerns our clients have is that the government will forcibly convert all their assets into a central bank digital currency (CBDC) over which the government has…
Back in 2020, we wrote an article entitled, “Your Home Is Spying on You, Too.” It was our first foray into the world of the “internet of things” or simply…
We don’t read much about it on this side of the “Pond” – the slang term some Europeans use for the Atlantic Ocean – but the United Kingdom could be…
If you invested $100 in the S&P 500 at the beginning of 2000, you would have about $448.08 through April 10, 2023, if you reinvested all the dividends you received.…
Complying with US tax rules is hard enough even when you live in the United States. But with rare exceptions, if you’re one of the four million or so US…
It’s no secret that governments despise cryptocurrencies they don’t control. And it’s easy to understand why. Unlike traditional currencies, bitcoin and cryptocurrencies like it aren’t created out of thin air…
In the last two weeks, all hell has broken loose in the financial markets. On March 8, Silvergate Capital, a major lender to the cryptocurrency industry, announced that it would…
It’s been a long time coming. After nearly a decade of vilifying the citizenship by investment (CBI) programs of five Caribbean countries, the US government has made a remarkable admission:…
As I write these words, I’m sitting on the patio of my room at the spectacular Cabrits Kempinski Resort just outside Portsmouth, Dominica. The view is spectacular, overlooking a nearly…
Greetings from Panama City, Panama. As I write these words, I’m looking down from my hotel window to the bustling Calle Ricardo Arias, in Panama City’s business district. Judging by…
Longtime readers know we have a low opinion of credit bureaus, with Equifax scraping the bottom of the barrel in terms of their depraved indifference to computer security. This is,…
Four weeks after the September 11, 2001 terrorist attacks, President George W. Bush issued a series of directives to expand risk screening of airline passengers. In 2003, in accordance with…
Last January, billionaire Elon Musk tweeted: If the alarming collapse in birthrate continues, civilization will indeed die with a whimper in adult diapers. That was hardly his last word on…
Should We Panic Over a US Debt Default? As we press the send button on this week’s Nestmann’s Notes, Congress is engaged in what’s become a periodic ritual: fighting over…
You might have read earlier this month that the IRS is targeting poor people for tax audits at a rate four times higher than the wealthy. But that’s not entirely…
On May 11, 2005, President George W. Bush signed into law the “Emergency Supplemental Appropriations Act for Defense, the Global War on Terror, and Tsunami Relief.” Hidden within the $82…
What if you didn’t need to worry about the timing of a crash, or indeed any economic scenario, and could assemble an investment mix that would withstand whatever economic conditions…
More than 100 million Americans have downloaded a wildly popular app called TikTok to their smartphones, including two out of three teenagers. And it’s become a highly effective tool for…
Here at Nestmann, we receive quite a few requests from our clients asking, “What should I do…right now?” And there’s no simple answer to that question because part of it…
We’ve long suggested that one of the key strategies you can use to gain resilience over your financial future is international diversification. Thanks to laws like the Foreign Account Tax…
The year 2022 hasn’t been kind to cryptocurrency investors. Indeed, it’s been a litany of disasters. Bitcoin, the cryptocurrency with the largest market cap, is down 75% from its all-time…
Most wealth is imaginary. That could be seen as a provocative statement, but it’s true. Consider your stock portfolio. Let’s pretend that you own 100 shares of IBM. At a…
One of our specialties here at Nestmann is helping US citizens acquire legal residency in other countries. Frankly, we consider getting a second residency almost a no-brainer. It gives our…
For over a century, Uncle Sam has used the mass media to manipulate public opinion; particularly to justify its direct or indirect involvement in foreign wars. Take the presidential administration…
Privacy is one of the few topics that Democrats and Republicans largely agree on. Their conclusion is that you shouldn’t have any. That’s especially true when it comes to searches…
Modern old age pensions originated in Prussia (now part of Germany) in 1889, financed by a tax on wages. The first nationwide pension program arrived in the United States in 1935, when…