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Politics : American Presidential Politics and foreign affairs

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greatplains_guy
To: LLCF who wrote (71449)4/1/2015 11:51:10 AM
From: pcstel1 Recommendation  Read Replies (1) of 71588
 
>Ummm, maybe you missed it... the Swiss are ALREADY taxing deposits... put 100K over there, and you'll likely have 97K in a few years.<

LOL!! Yeah! Well if you have your money in dollars, in a few years, you may have only 80K in realtive spending power in a couple of years.

The exchange rate on my deposits coming into Colombia is up 18% this year.

>Complete poppy cock... please list banks turning away US depositors.<

“My U.S. passport has been such a liability,” says a Zurich resident who identifies herself only as “Jeannie.” Not only was she not allowed to open a savings account at any of the four banks she visited last month, but even her Swiss husband was denied a mortgage because Jeannie’s name was on a joint account. “We were told that they don’t deal with Americans because of all the hassle,” she says. “This really makes me mad – how am I supposed to have a normal life if I don’t have access to a bank?”

world.time.com

<Sure, sometimes its worth PAYING to have someone hold your cash... glad you are enjoying it :-))>

Yes, sometimes it is.. like when the exchange rate increases 18% due to the fiduciary safety of the country of deposit.

While those like you PAY YOUR BANKS monthly fees for them holding you cash... , ATM withdrawl Fees, this Fee, that Fee.. All for the privilege of decreasing value.

<Hopefully Swiss banks can intervene before your head is on a stick down there.... :-))<

Yeap!! Very dangerous down here.. You and all the other Americans should STAY AWAY FOR SAFETY'S SAKE..

And so it goes,
PCSTEL
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