“They won’t take our bank accounts…they will take our retirement accounts.” – Jim Rogers
As I’ve mentioned time and time again, nations are going bust. And the worse things get, the more desperate their tactics become.
This isn’t the first time that the world has been in this position. This time is not different.
History shows that there are serious, serious consequences to running unsustainably high debts and deficits. And those consequences have almost invariably involved pillaging people’s wealth, savings, livelihoods and liberties… either directly or indirectly.
What’s happening right now is playing out in textbook fashion. More taxes, more debt, more printing, more confiscation, less freedom.
I’m not talking about the end of the world here, I’m talking about difficult times ahead, and the things that go beyond economics. It’s time to face facts and look at how society will change (and has already changed).
Many people will resist the change and instead cling desperately to the old system– the cycle of debt and consumption that provided jobs, stability, and prosperity. These people will have their lives turned upside down because that system is gone forever.
I’m not being pessimistic, and this is not a cause for fear. We shouldn’t be afraid of this change, but rather prepare for it by becoming more self-reliant. Those who are prepared will survive, thrive, and be well-positioned for the enormous opportunities that await.
People are waking up to this reality and are taking action to be on the winning side when the government has played all its cards. Because as always, there will be winners…and there will be losers.
And the key to being a winner in the age of bankrupt nation states is internationalization, which allows you to rise above the politics of the nation state. Whether you’re just getting started with internationalizing yourself and your assets or know a thing or two about it, there’s no other source of knowledge out there that is as in depth and actionable as the Insider Kit from our recent Offshore Tactics Workshop.