I have been warning that U.S. Foreign Account Tax Compliance Act is fundamentally destroying the world economy and is shrinking the US ability to expand business internationally. This is becoming wider known as people are just now starting to report the impact. Next year it will turn really bad all because politicians are broke and will destroy the economy before they will ever restrain themselves or reform the monetary system. This is MASSIVELY DEFLATIONARY and historically is how Rome itself committed suicide. This is one reason I said you will PRAY for HYPERINFLATION by the time these people in Washington are thrown out for destroying the global economy. The only way out is for Americans to marry foreigners and resign their citizenship. The days of marrying an American to get in have reversed. Now the number of people resigning their citizenship is at record highs.
