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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (71449)	4/1/2015 11:51:10 AM
From: pcstel	1 Recommendation Recommended By greatplains_guy Read Replies (1) \| Respond to 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

To: LLCF who wrote (71449)	4/1/2015 9:31:04 PM
From: pcstel	1 Recommendation Recommended By greatplains_guy Read Replies (1) \| Respond to 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.> Interesting.. Yet on another thread.. You claim that the "smart foks" have a lot of money away from harms way Yea, the fed has been rewarding them with nice returns and punishing people that save... OTOH... at some point here stock holders will get wiped out as well.... of course the really smart folks have a lot of money away from harms way. You've been implying that I am not so smart keeping my money out of "harms way" in a Swiss Bank Account denominated in Swiss Francs. But, then you turn around and claim the "smart people" are doing just that.. I think you are envious. PCSTEL