Loss of financial freedom
Nothing really new here, after all, most Americans have already been forced into a modern day version of indentured servitude most of their adult life. Just a brief discussion of a few ongoing losses to your financial freedom and self determination. keywords: economic meltdown collapse dollar hyperinflation bank loans tax federal reserve deflation control freedom loss stocks us
Tagged with: bank • collapse • control • deflation • dollar • economic • federal • freedom • hyperinflation • loans • loss • meltdown • reserve • stocks • tax • us
Filed under: Financial Freedom Resources
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“Raw Land” near Urban Growth is King for transferring your fiat money. Secondly, and more important,…it’s been confirmed that the geo-mineral experts have concluded that the first element to be consumed-exhausted off the periodic chart will be Ag (Silver) this will occur in 14 to 22 years at present consumption. Regards, SilverFinger
If you are in any kind of financial distress, please post your situation at MoneyLoansCredit (.) com, a site where people help people… Don’t wait.. Investors and givers needed as well.
ok.. second video where I though “huh.. this guy knows what hes talking about” I must say I’m not at your level yet (you got me at a disadvantage me being 18) but my dad knows more about what your talking about that you.. You should hear him go on… and on.. and on.. :)
Anyway… World is going in good way.
Mr. Lorax, I’d like some more videos about what real wealth actually means as opposed to what we have right now.
Hi Aztec,
Interesting topic, I’ve been visiting Baja for 15 years and although I love it there, I’d personally never buy land. Practically every American I know down there eventually lost their lot. It didn’t matter which area, if they were held in trust, owned with a Mexican partner, nothing seemed to work long-term. Then again, $10,000 for an ocean view is worth the risk I guess.
very informative video.
More banks will be closing soon.
Thanks!
You know what you can still do? MOVE. To another country. Thank you, Lorax.
Mexican taxes on land are very low. last year I paid an average of 20 dollars per lot, for 2007 year. The other nice thing is that Baby boomers are moving to coastal Mexico. Those who have moved are also very satisfied.
otherwise your videos are very great.
why don’t you have any videos about sex and how to pick up hot chicks? :D
You have to pay taxes on your land, so I don’t see that as much of a way to protect your wealth (i.e. hedge against inflation)
I live in San Diego, CA. and I was able to buy land in Mexico. Some lots I bought for about $10,000. Other lots I bought have ocean view. It takes me less than 15 mins to get to my Mexico lots from San Diego.
Excellent summery of the present situation. Gold
will probably be outlawed again. Canadian silver
stocks are finally taking off but convertible to
what?
The noise in USA has affected other banks too, Iceland went head on into the ditch – because of one single rodent that bought the media there an ran his scam so now they want to “sell” Iceland to the EU..
One may ask oneself if that was the plan from the start, or if this was just a financial maverick that “got lucky” and managed to buy off a truckload of people and the media.
I’ve put together some thoughts on what we can do in a video on my channel called:
“The Buck STARTS Here”.
Take a look.
but what are we supposed to do? is there ANYthing we can do? :(
This is a very good point you make for how people are trapped into federal reserve notes.
5/5
Great analysis! Spot on. :)
insightful as always lorax. keep ‘em coming in 2009. its gonna be an interesting year.
The US is going to collapse like the Roman Empire, Ottoman, and British empire. The more the state attacks its own citizens the less power the state has to wage a global empire. The government is like a dog biting the hand that feeds it.
Happy New Year!
lorax, at about 3min40sec you mention inability to invest in tax havens, you can put money in foreign banks, you must declare the income from those type of accounts. That does not seem wrong to me.
another topic for your awesome repetoire- bank secrecy laws. I am not in favor, this helps money laundering and crime, I would prefer total transparency with banking highly regulated.remember when banking was in state only? interesting religious history on banking and usury.