Fortunately, There Are Easier Ways to Get a Second Passport
Last week, we learned that along with mobilizing at least 300,000 of its own citizens to fight in its war against Ukraine, Russia is opening a recruitment center in Moscow…
Why the British Empire Is Shrinking
It wasn’t just Elizabeth II, officially “by the Grace of God, of the United Kingdom of Great Britain and Northern Ireland and of her other realms and territories Queen, Head…
Four Reasons Why Dollar Dominance Won’t Be Permanent
We periodically read missives to the effect that “the dollar is doomed.” And we’ve been reading them for many years. Consider this newsletter promotion from 1985. The headline was a…
Why Are the Number of Wiretaps Decreasing?
A question our clients occasionally ask us is, “How do I know the government isn’t tapping my phone and listening to my conversations?” For those asking this question who live…
Your Blueprint for an International Lifestyle
The demand for investment migration services –residency by investment (RBI) and citizenship by investment (CBI) – has soared in recent years. Industry insiders now estimate it to be a $25…
Do You Really Need that App?
A few weeks ago, I lost the key tag that had been given to me a few years ago when I became a member of an American chain of fitness…
The Futile “War on Money Laundering” Is About to Escalate
The nightmare began in 1970. Congress was concerned that large amounts of cash were coming into the country from narcotics transactions. So, it passed a law effectively eliminating financial privacy:…
Why Price Controls Don’t Work
Inflation is soaring throughout the world. Here in the United States, it’s rising at an official rate of 9.1% annually. And without the various adjustments Uncle Sam makes to suppress…
Congress Is Set to Unleash the IRS on American Taxpayers
Last week, we learned that West Virginia Senator Joe Manchin had signed on to a slimmed-down version of President Biden’s “Build Back Better” Plan (BBBP). The BBBP, with its $2…
Inflation Is Breaking the World
Last March, we asked a simple question after the US Bureau of Labor Statistics announced that the Consumer Price Index (CPI) had increased 7.9% from the previous 12 months. The…
About that Missing $94.7 Trillion…
Back in 2019, we poked fun at the Department of Defense (DOD) for as we put it, “losing $21 trillion.” That sum represented what the Pentagon’s inspector general called “unsupported…
Secret Laws Are a Threat to Everyone
“If you have nothing to hide, you have nothing to worry about.” According to this line of reasoning, if you’ve done nothing wrong, you shouldn’t object to the government’s unfettered…
You’re Only as Strong as the Community You Live With
Last week’s Notes touched on the importance of building networks of people you trust that can help you and that you can help in a crisis. After reading it, Brandon,…
“I Own Nothing, Have No Privacy, and Life Has Never Been Better”
When we first saw this headline in 2016, we were skeptical. Indeed, we believed it might be a parody written to make fun of neo-Luddites pining for a pre-industrial future.…
Making Sense of the Everything Meltdown
Last week, on a day the Dow Jones index fell more than 700 points, I ran into an old friend at a monthly dinner meeting I regularly attend. “I’m screwed,”…
Searching on Google Might Kill You
No, that’s not an exaggeration. The fact is, if you’re desperate and particularly if you’re unsophisticated, the algorithms and incentives Google uses to optimize search results or commands can…
The Weaponization of Citizenship … and How It Affects You
Last month, we wrote about the “weaponization” of the US dollar – Uncle Sam’s unofficial policy of holding the greenback as a hammer over the heads of its adversaries. But…
Uncle Sam Says It Can Confiscate … Everything
Last week, we welcomed the news that the Brennan Center for Justice had published a batch of formerly secret government documents dating back to the 1950s. The files relate to…
Who’s to Blame for Baby Formula Shortages?
We would not have guessed that in 2022, parents of the youngest Americans would need to cope with a predictable and completely unnecessary shortage – baby formula shortage. Shortages began…
It’s Time to Stock Up on Light Bulbs
We’ve called it the “curse of good intentions”: when governments require their citizens to behave in certain ways, refrain from certain activities, or consume certain items and not others in…
The End of Dollar Dominance
It might seem deceptive to publish a headline suggesting that the US dollar, the world’s “reserve currency” for the last 78 years, might be nearing the end of its dominant…
Are You Ready to Become an “Economic Benedict Arnold”?
Every quarter, Uncle Sam publishes what’s come to be known in the offshore business as the “name and shame” list. This list, published in the Federal Register, consists of the…
Give Peace a Chance
“All we are saying, is give peace a chance.”--John Lennon A few weeks ago, as Russia’s invasion of Ukraine was beginning, I reminisced about growing up in the 1960s and…
Why Inflation Is Worse Today than the 1980s…and Possibly Ever
Last week, to almost no one’s surprise, the Labor Department announced yet another month of inflation worse than at any time since the 1980s. The March Consumer Price Index (CPI)…
This Is Why Internet Privacy Is Gone…
Over the years, we haven’t shied away from highlighting the threat to our privacy that our hyper-connected world poses. Whether it’s Big Brother spying on your smartphone, Google treating your…
What to Do When Your Country is “Cancelled”
It’s Wednesday evening, and I’m sitting on the porch of my cottage overlooking the Atlantic coast of Nevis. I’m here with my business partner Trey Wyatt to deal with matters…
Uncle Sam Invites You to Rat on Your Friends and Family for Cash
Want to earn some extra cash? It's easy…just participate in one of the many "paid informant" programs run by various US government agencies. Think your neighbor…or that brother-in-law you don't…
IRS Rolls Out Artificial Intelligence Tools for Enhanced Audits
A few months ago, I received an invitation to attend a lecture with the mind-numbing title, “The Transformation of Tax & Customs Law into the Digital World of Processes, Automation…
Could Inflation Break America?
In the early 1990s, former Federal Reserve Chairman Alan Greenspan reportedly said something to the effect that when inflation rises, “you’ll switch to something cheaper—more hamburger will show up in…
Are You Ready for Nuclear War?
On February 24, Russian President Vladimir Putin shocked the world when he invaded Ukraine. While the situation remains very fluid, there are some important lessons to be learned from Putin’s…
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