The US Closing Borders For Americans

We’ve reported over the years how the US government has instituted nefarious capital controls via the Foreign Account Tax Compliance Act (FATCA) which makes it very difficult for Americans to open bank accounts outside of the US.  And currently thrown into the Developing a Reliable and Innovative Vision for the Economy Act (DRIVE) act is an inclusion…

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Baltic Index Warns of Disaster Closing In

ZeroHedge carried an article on the Baltic Dry Index which measures global trade and announced, “It’s Official: The Baltic Dry Index Has Crashed To Its Lowest November Level In History.” The Baltic Dry Index measures freight travel around the world. If freight is not traveling from one country to another, then economic activity is probably…

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