September 12, 2013
Hong Kong
In the summer of 1956,
Egyptian president Gamal Abdel Nasser nationalized the Suez Canal, sparking
a worldwide crisis.
The Suez links the
Mediterranean to the rest of the world, and it's one of the most important
maritime thoroughfares in international trade. So this was a big deal.
Britain was a major
stakeholder in the canal, and almost immediately, the British government
put together a small coalition consisting of the UK, France, and Israel to
regain Western control.
Their subsequent
military action, however, greatly displeased the US government. And Uncle
Sam quickly asserted its new role as the world's superpower.
True, Britain had once
been the dominant power in the world. But years of unsustainable finances
and economic decline changed all of that.
By the end of World War
II, Britain was nearly bankrupt. But reality hadn't set in yet. They still
saw themselves as a superpower.
British policymakers
were still at the peace table. They helped set up the UN, divide up
Germany, and even influence the new global financial system at Bretton
Woods.
Reality finally hit
during the Suez Crisis.
It became clear that
the UK no longer had the economic fortitude or international standing to do
as it pleased. And with the US opposed to the invasion of Egypt, the
British government had no choice but to withdraw their troops.
In doing so, Britain
handed the reins of world dominance over to the United States. And America
held this position for decades.
But to anyone paying
attention, this status has waned.
Asia is rising. Major
centers of wealth and power have grown around the world. US finances are
desolate. And its currency is now widely reviled by foreign governments.
But US politicians have
completely ignored this trend over the last decade. They spend and act as
if US global dominance is an endless river.
With Syria, though, the
US may have finally reached its Suez moment.
Russia has now almost
single-handedly precluded the US government from carrying out an attack in
Syria.
And the Russian
President has even taken his case to the American people in which he
eloquently criticized both US policy as well as the notion of American
exceptionalism.
Vladimir Putin is a
brute. But he commands a nation that has all the power and might it needs
to stand up to the United States and the rest of the West.
Just a few months ago,
it was the Russians who wagged their fingers at European governments for
confiscating bank accounts in Cyprus, comparing such tactics to the Soviet
Union.
It's also been the
Russians who have stood up to the West and given sanctuary to Edward
Snowden.
All of this would have
been unthinkable ten years ago. And this may very well be the event that
future historians look back on as the day America lost its global
dominance.
This isn't anything to
cry about. The world isn't coming to an end, it's just changing. And this
has been happening for thousands of years.
The Italians have been
the world's superpower at least twice in history-- once during the time of
ancient Rome, once during the Renaissance. The Chinese, Spanish, and
Persians have all had their time atop the throne.
Power and wealth shift
from time to time. And this is an important trend to embrace.
Being in front of this
change could create generational prosperity. Stubbornly rejecting it could
be detrimental to your savings and your liberty.
And if you're not
sure... just watch this video.
https://www.youtube.com/watch?v=O0azojPPRhw
Where is the best place to bank in the world?
This is the most common question
that Sovereign
Man: Confidential members have. Followed by "Where should I establish
residency and move to?" The answers of course depend
on each specific situation, but in this month's issue we set ourselves a
monumental task of analyzing and identifying the best set of options that
would suit just about anybody.
This month's seminal issue of
SMC includes:
- A detailed analysis of respective banking systems
of selected jurisdictions. We
look at things like central bank capitalization, central government
debt levels, commercial bank capitalization, and commercial bank
liquidity.
- All this is broken down to identify which is the safest bank and the
safest currency in the world, which jurisdictions are best for corporate banking,
where the risk and reward ratios are favorable etc. Everything
summarized for you in
a user-friendly cheat sheet.
- The best residency and immigration options in the
world. Find out which are the two
best places to establish residency with a view of obtaining a second
passport-- without the need of actually moving there.
- What are the best and easiest passports to acquire
if you actually want to uproot your life and move to a new place. All
in a systematic overview, designed
to give you a direction immediately.
- A boots
on the ground account from Iceland. The country was
the first victim of the financial collapse of 2008. It's still in a
very poor state, with a default and a significant restructuring
inevitable.
- But it also has a lot going for it. That's why I'm so excited about its
potential once it's forced to pull out all the stops
and attract foreign capital. The
opportunities for those prepared will be immense. It
should definitely be on your radar.
- An extended set of questions, ranging from what to
look for when setting up an offshore
corporate bank account to the best deals for farmland
in the world right now.
To get immediate access to the knowledge contained
within this month's issue, and all the back issues, click
here to get the full details on your invitation to join Sovereign Man:
Confidential today.
Follow Sovereign Man
|
Neither this email
communication nor content posted to the website SovereignMan.com is
intended to provide personal financial advice. Before undertaking any
action described in this letter, financial or otherwise, you should discuss
your options with a qualified advisor-- accountant, financial planner,
attorney, priest, IRS auditor, Tim Geithner... Also, nothing published in
this letter constitutes encouragement to avoid or evade tax obligations in
your home country. Furthermore, you should understand that SovereignMan.com
may in some instances receive financial compensation for products and/or
services which are mentioned in the letter, and in other cases,
SovereignMan.com receives no compensation. The needs of the community come
first, and the presence or lack of financial compensation in no way affects
the recommendations made in this letter.
If you no longer wish to receive our emails, click the link below:
Unsubscribe
Blacksmith Pte. Ltd.
publisher of Sovereign Man No.4 Kiarong Complex Gadong 2nd Floor Block D
BSB, Brunei-Muara BE1318 Brunei Darussalam
|
|
No comments:
Post a Comment