Posted Sep 29, 2013 by Martin Armstrong
The diminishing (non-existent ?) possibilities for Americans to invest outside the US is not just in Europe. I don’t live in the US but have a US passport and after a recent sale of a property, I was looking into diversifying the proceeds with investments in different countries around the world. I was turned down everywhere – but not just in Europe. All the hedge funds, investment advisers, and private banking entities in Singapore also turned me down because of my passport. I was shocked.