The Nestmann Group keeps you up to date on important trends, developments and risks that may affect you. Here’s what’s new…
Congress tends to bury some of its most repressive legislation in the fine print of bills supposedly intended for other purposes. The Corporate Transparency Act (CTA) is just one of the more recent examples of many.
We’ve long been skeptical when it comes to IRS pronouncements of a “tax gap” – the difference between a taxpayer’s actual income tax liability and what they actually paid.
There’s no sugar-coating it: the United States is by far the world’s lawsuit leader. About 90% of the world’s lawsuits are filed in the good old Red, White, and Blue.…
Why Economists and the Government Don’t Like Cash Economists and governments have long had a very low opinion of the cash you carry in your wallet or stash in a…
Bitcoin's Revolutionary Impact The 2008 invention of bitcoin, the world’s first cryptocurrency, revolutionized not only the concept of money, but how it can be exchanged. Bitcoin is a form of peer-to-peer…
This Is What Can Happen When You Screw Up Your Estate Plan Who can forget the soaring voice of Aretha Franklin? Whether singing a gospel standard like “Amazing Grace” or…
Gold has long been a trusted store of value. For proof, we need look no further than a trip to the Egyptian pyramids or many other ancient sacred sites. But…
The Debut of FedNow: Central Bank's New Digital Payment System On July 20, 2023, the Federal Reserve, America’s central bank, announced that FedNow, its new system for instant payments, was…
Erosion of Privacy: Understanding the Expectation of Privacy Here at the Nestmann Group, we regularly bemoan the erosion of our "right to privacy." The root of the problem is a legal…
The Importance of a Second Citizenship and Passport In an age of increasing passport confiscations, stricter border enforcement, and compulsory denaturalization, obtaining a second citizenship and passport has become more…
Central Bank Digital Currencies (CBDCs): The Next Evolution in National Currency One concern some of our clients have is that the government will forcibly convert their assets into a central…
On March 8, Silvergate Capital, a major lender to the cryptocurrency industry, announced that it would shut down. Silvergate had only around $11 billion in assets, so it was a relatively small bank. Failed cryptocurrency exchange FTX was one of Silvergate’s largest customers.
Shift in US Policy: Caribbean CBI Programs Legit After nearly ten years of criticizing the citizenship by investment (CBI) programs of five Caribbean nations, the US government has finally acknowledged…
We've long suggested that one of the key strategies you can use to gain resilience over your financial future is offshore diversification. Thanks to laws like the Foreign Account Tax Compliance Act (FATCA), it’s not as easy for Americans to invest offshore as it used to be. But there are still many options available.
The first nationwide pension program arrived in the United States in 1935, when the Social Security Act came into effect. Full benefits started at age 65. The act was later…
Before discussing deglobalization, let’s first understand what globalization is, its significance, and how it has shaped the world economy.
In 1991, a dozen European countries signed the Treaty on European Union, also known as the Maastricht Treaty. Among other provisions, the treaty called for a single European currency: the euro.
The Equifax Breach In May 2017, credit bureau giant Equifax had virtually its entire database of consumer credit reports stolen by hackers – more than 148 million in all. The attack…
We periodically read missives to the effect that "the dollar is doomed." And we have been reading them for many years.
Investment migration services, including residency by investment (RBI) and citizenship by investment (CBI), have surged in recent years, creating a thriving $25 billion annual market.
In July 2022, 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). This updated proposal, now known as the "Inflation Reduction Act of 2022," has sparked widespread debate and analysis.
From $21 Trillion to $94.7 Trillion: The Pentagon's Escalating Financial Discrepancies Back in 2019, we poked fun at the Department of Defense (DOD) for, as we put it, "losing $21…
As financial markets worldwide teeter on the edge, the stories of individual investors facing monumental losses serve as a stark reminder of the fragility of our economic systems. The financial downturn of 2022, punctuated by the collapse of Archegos Capital Management, is a case study in the vulnerabilities lurking beneath a seemingly stable economy.
In May 2022, we welcomed the news that the Brennan Center for Justice had published a batch of formerly secret government documents dating back to the 1950s. These files relate to Presidential Emergency Action Documents (PEADs)—secret plans drafted to ensure "Continuity of Government" (COG) in the aftermath of a nuclear war and, later, in other emergency conditions.
Earlier in April 2022, the Labor Department announced yet another month of inflation worse than at any time since the 1980s. The March Consumer Price Index (CPI) showed inflation increasing at an annual rate of 8.5%, up from 7.9% in February.
Electronic Surveillance and the Loss of Privacy Electronic surveillance has matured to the point where a camera the size of a pinhead and an equally miniaturized microphone can provide both…
It’s surprisingly easy to make money by participating in one of the many paid informant programs run by various US government agencies. But before you jump in, it's crucial to understand the…
The IRS’s Digital Transformation Earlier in 2022, I received an invitation to attend a lecture with the mind-numbing title, "The Transformation of Tax & Customs Law into the Digital World of…
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 your meals than steak."
On February 24, 2022, Russian President Vladimir Putin shocked the world by invading Ukraine. While the situation remained fluid at that time, there were critical lessons to be learned from Putin’s actions—lessons that Western politicians and mainstream media may not have shared with you.
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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
The Nestmann Group does not sell, rent or otherwise share your private details with third parties. Learn more about our privacy policy here.
By signing up for this briefing, you’ll also start to receive our popular weekly publication, Nestmann’s Notes. If you don’t want to receive that, simply email or click the unsubscribe link found in every message.