Month: January 2016
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Invest Offshore Newsletter Number 99
January global markets were an omen for a year of dramatic change, like a very loud wake-up call for anyone who thought we could live in a world of perpetual economic growth. It’s time to invest offshore. Sovereign debt is perhaps the most misunderstood issue in all of finance, even by the supposed experts. The…
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Fed Interest Rate Quandry
“Americans have had seven weeks to adjust to December’s rate increase and many will be relieved by today’s outcome. Today’s decision to hold rates at 0.5% came as no surprise. December’s rate rise – the first in nine years – was considered a ‘close call’ by some members of the Federal Open Market Committee, and…
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Three critical ways an offshore bank can protect you
Let’s take a moment to compare the offshore world today to before the Global Financial Crisis struck roughly eight years ago. In this short period of time, US federal government debt has DOUBLED. The Federal Reserve now holds $2.4 trillion of that debt, up from $479 billion. Interest rates, which were between 2-4%, are today…
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Economic Law vs the Law of Gravity
Q: You’ve said that economic law is just as binding as the law of gravity. It seems to me that economics is more loosely organized and less useful than physics. Would you care to comment? A: Yes. Your comment has merit. There are charlatans in both fields. Both can be used for good or evil.…
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New Tax Haven Is the United States
Moving money out of the usual offshore secrecy havens and into the U.S. is a brisk new business. According to the Bloomberg Business News article titled: The World’s Favorite New Tax Haven Is the United States. This link was found on the Drudge Report for January 27th but not for entire 24 hours, here’s the…
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Skipton International an Offshore Bank for Expats
Skipton International reached £1.075 billion of deposits at the end of 2015 – a level that would be equivalent to the 12th largest building society in the UK. With savings customers in over 100 countries around the world, the Channel Island-registered bank has grown its deposits steadily since 2009 when it formed through the amalgamation…