PETER SCHIFF

PETER SCHIFF

Monday, June 29, 2009

Off-shore accounts, bank capital, exchange controls, ponzi schemes

Peter Schiff Vlog Report 29 June 2009


very quite day today the Dow , the only exception is the oil which is up ...the dollar was relatively quite , the kiwi dollar is up...the Chinese again talking up the dollar...Swiss banks do not accept anymore American customers especially UBS , because of the new US government regulations against off Shore banking , American exacts are in difficulties cause nobody wants to take their money...If you give up your US citizenship you still owe the American government 10 years in taxes , soon there will be difficult for the Americans to leave America and go abroad , also getting out of the US dollar is becoming difficult , foreigners will start to have difficulties to invest in America , the American reputation is in jeopardy ... nothing is impossible anymore with this administration ...
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