Insane Risk

Low interest rates are leading investors to take insane risks.   A  Wall Street Journal article “A Battle Brews Over Negative Rates on Mortgages” (1) tells that due to European interest rates  near or below zero there are proposed laws in Spain and...

Quantum Wealth & Independence

This is the official holiday for the 4th of July so here is a thought about independence and freedom. Technology has robbed the world of a lot freedom… just as it has added great freedom in other ways. Technology allowed me to live in Hong Kong in the 1970s....

Bank Privacy Gone

The problem of getting Bank Privacy is gone.  Now the problem is being able to get a good international bank at all. The problem is that Americans have lost control of their wealth. An insidious form of of loss has been taking place for decades and now we are in the...

Multi Currency Bank Risk

Multi currency investing and multi currency banks reduce risk. During this current credit crisis, it makes sense to pay attention to ways to bank risk as well as investment and multi currency risk. Eleven US banks have failed in 2008, seven of them since mid July. Now...