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World Governments Agree To Automatic Information Sharing

Tyler Durden's picture





 

Submitted by Simon Black via Sovereign Man blog,

It’s like 34 drunken sailors holding each other up. That’s the best way I can think of to describe the latest product from the good idea factory that is the OECD.

Over the weekend in yet another cushy five-star hotel, representatives from this unelected supranational bureaucracy announced plans for world governments to exchange all their citizens’ tax and financial data with one another.

The 34 members states of the OECD are enthusiastically supporting this measure. And it constitutes the end of whatever remains of financial privacy.

The premise behind the OECD’s destructive pipedream is, as usual, to stamp out ‘tax evasion’. But this is a misnomer to being with.

Just about every multinational company out there employs strategies to reduce their current tax liabilities that are perfectly legitimate based on existing tax laws.

This is why companies like Google and Apple famously earn billions in profits but pay almost no tax. They’re vilified. But it’s legal.

These companies have shareholders from all over the world. And their solemn responsibility is to maximize shareholder value… not maximize the amount of funds that politicians in a single jurisdiction get to blow on wars and welfare.

There are also isolated individuals who are sitting on undeclared income stashed away in an overseas bank somewhere. But the aggregate amount is tiny compared to the $60+ billion that Microsoft alone has stashed away overseas, untaxed.

You’d think they’d get at the root cause of the problem and try becoming more competitive… lowering tax rates and streamlining government operations (shocker!)

But no. Instead they resort to even more Draconian tactics to lord over private citizens’ financial records and unilaterally set aside long-standing international treaties.

It’s a pathetic display of exactly the sort of tactics that governments embrace when they go broke. And most of these OECD countries ARE broke– Italy, Japan, the US, Spain, Greece, etc.

So what we have now are a bunch of bankrupt member states who think that they are helping the other bankrupt member states raise revenue by terrorizing citizens (rather than actually fixing the problem).

It’s genius. But what else can one expect from the OECD?

This is the same organization which said, in the same meeting over the weekend, that Germany should accept higher inflation so that the rest of Europe wouldn’t suffer from deflation.

The arrogance is astounding.

This is the same logic as borrowing your way out of debt and spending your way out of recession… brought to you by the same guys who completely missed all the warning signs of the Global Financial Crisis. Along with the IMF. The Federal Reserve (and every other central bank in the world). And every government out there.

Yet these are the rocket scientists who pull the levers that control the system.

It behooves anyone who can see the big picture to distance yourself as much as possible from this system.

This means, for example, keeping a portion of your savings in real assets that they cannot control, as opposed to paper assets that they conjure and manipulate.

Most importantly, it means not having all of your eggs in one basket. Bankrupt governments will resort to any measure they feel is necessary to maintain the status quo.

And if you live, work, invest, bank, run a business, own real estate, etc. all in one of these bankrupt countries, you are really taking on tremendous risk.

 


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Mon, 02/24/2014 - 17:36 | Link to Comment Flakmeister
Flakmeister's picture

Cue NWO outrage....

Now!

Mon, 02/24/2014 - 17:37 | Link to Comment somecallmetimmah
somecallmetimmah's picture

I am seriously worried about you, man.

Mon, 02/24/2014 - 17:42 | Link to Comment fonestar
fonestar's picture

It's okay if they agree to global information sharing.  Citizens of the world have global P2P and Bitcoin.

SATOSHI YOU ARE THE LIGHT OF THE WORLD.

Mon, 02/24/2014 - 17:49 | Link to Comment ForTheWorld
ForTheWorld's picture

Holy shit.

To make sure of an oft-repeated phrase - "NEVER go Full Retard!". Either someone else is using the fonestar account, you've suffered some severe mental or physical trauma, or you've just decided to go absolutely crazy and start ranting like a lunatic.

No, this ISN'T a slight against BitCoin, Satoshi, P2P or whatever - this is an observation of the content of your posts.

Mon, 02/24/2014 - 17:57 | Link to Comment fonestar
fonestar's picture

In an act of supreme faith fonestar sold everything he owned over a year ago (minus one IBM laptop) and went full retard into Bitcoin.  So far it has been working great for him.  Everything fonestar does, he only does in the name of Satoshi Nakamoto.

MY BOSS IS A JAPANESE CRYPTOGRAPHER.

Mon, 02/24/2014 - 17:59 | Link to Comment ForTheWorld
ForTheWorld's picture

Lunatic. Check. ;)

At least you're good for a laugh.

Mon, 02/24/2014 - 18:07 | Link to Comment bonderøven-farm ass
bonderøven-farm ass's picture

"Everything fonestar does, he only does in the name of Satoshi Nakamoto."

Slaves are made in such ways..... 

Mon, 02/24/2014 - 18:11 | Link to Comment fonestar
fonestar's picture

We are slaves of freedom.  We are slaves of passion.  We are shackled to the blockchain gang.

SATOSHI TOOK ONE BYTE FROM THE BLOCKCHAIN AND BROKE IT INTO MANY BITS.  THE PEOPLE REJOICED!

Mon, 02/24/2014 - 18:14 | Link to Comment bonderøven-farm ass
bonderøven-farm ass's picture

You can't eat code, foney....

Mon, 02/24/2014 - 18:26 | Link to Comment fonestar
fonestar's picture

No, but you can always fone for takeout and delivery.

Mon, 02/24/2014 - 18:30 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

But if your code is good, you can be well paid for it.

Mon, 02/24/2014 - 18:37 | Link to Comment fonestar
fonestar's picture

SATOSHI IS CODING FOR US WHAT WE COULD NOT CODE FOR OURSELVES.

Mon, 02/24/2014 - 22:19 | Link to Comment unrulian
unrulian's picture

If your Bitcoin is worth 500 bucks, if i finish my sudoku can i get enough for a pizza?

Mon, 02/24/2014 - 18:43 | Link to Comment bonderøven-farm ass
bonderøven-farm ass's picture

Honestly, it's just a little humor at foney's expense. I sincerely wish the BitCoiners all of the luck in the world....it's another middle-finger to the cartel and I hope it succeeds.  

Personally, it's not for me. 

Mon, 02/24/2014 - 22:15 | Link to Comment MontgomeryScott
MontgomeryScott's picture

Dear world governments:

My name is General Keith Alexander, current director of the NSA.

     As you know, my administration (and the government of the United States, Incorporated) has come under fire recently for our ability and implementation of OUR ability to compile all types of information from all sectors of everyone's personal, medical, communication, and financial data around the world. I know you think we were 'invading your privacy' here, but let me explain. I'm sure you'll understand, and, in fact, thank us for taking these first bold new steps in to a better tomorrow.

     As I see, you are now seeing the benefits of inclusion of every human on the earth in this new paradigm of command and control (we only did what we did to demonstrate our power to do so). Our new facility in Utah, USA, is being equipped with the finest state-of-the-art computers, in order that you may avail yourselves of this ability to track those pesky humans (oops, I mean, so-called 'scofflaws') in your individual countries' borders, and render whatever it is that you render. Im MY nation, we like to call this 'rendition' and 'waterboarding' (of course, again, these are simply examples).

     As to the pesky insect called 'BitCoin' (which seeks to replace the fedscrips worldwide), well, we already have a plan in order to deal with this threat, as well. You see, these fools actually think that we will LET THEM USE OUR INTERNET AND POWER GRIDS, but it is a given that WE also control access to these things, as well.

    AGAIN, thank you for listening. If you need further information, please avail yourselves of the ability to contact one of many of our public/private corporate sponsors.

     Keith

     (666)

Mon, 02/24/2014 - 18:22 | Link to Comment tickhound
tickhound's picture

Geezus and all you people out there used to bitch and moan about Trav hijacking every thread. Instead now we get this shit all the time...

Mon, 02/24/2014 - 18:24 | Link to Comment fonestar
fonestar's picture

REJOICE FOR SATOSHI HAS COME TO FREE THE FIAT SLAVES!

Mon, 02/24/2014 - 18:38 | Link to Comment tickhound
tickhound's picture

If this is the communication style that works best for u then fine... Just try to throw in some freaking CONTENT once in a while, a stale joke.. There's no reward for being the Donald trump of space around here... You can begin this exercise by occasionally using DIFFERENT words.

Mon, 02/24/2014 - 18:40 | Link to Comment fonestar
fonestar's picture

The media is the massage.

Mon, 02/24/2014 - 18:43 | Link to Comment CPL
CPL's picture

Happy ending.

Mon, 02/24/2014 - 18:44 | Link to Comment tickhound
tickhound's picture

I like it. And efficient to boot. + 1 trillion.

Tue, 02/25/2014 - 07:36 | Link to Comment samcontrol
samcontrol's picture

phone shit, stop ruining the articles I want to use .. you,re done ,, just to stupid to know ..

I had something to say about offshore accounts, but you fucking ruined it, you almost make me puke every morning you tard.

Mon, 02/24/2014 - 18:17 | Link to Comment outamyeffinway
outamyeffinway's picture

Take anything out of context lately?

Mon, 02/24/2014 - 18:23 | Link to Comment bonderøven-farm ass
bonderøven-farm ass's picture

Never.....

"It's difficult to free fools from the (block)chains they revere" ~ Voltaire 

Mon, 02/24/2014 - 18:38 | Link to Comment fonestar
fonestar's picture

We will see who the lunatics are when Bitcoin goes into five, six and seven figures!  Satoshi is invincible!  Bitcoin is the deflationary tiger who stalks the Earth!

Mon, 02/24/2014 - 18:56 | Link to Comment lordylord
lordylord's picture

For that to happen, bitcoin would actually have to be adopted and used by a significant number of the world population.  I don't see a reality where that happens.  I think it's silly for you to tell people to buy and hold bitcoin becuase it is going to 7 figures.  It's better to tell people to buy bitcoin and actually buy goods/services with it.  However, it really doesn't matter because people who accept bitcoin transfer it right back to fiat.  Bitcoin is a service to be used with extreme caution.

Mon, 02/24/2014 - 18:58 | Link to Comment fonestar
fonestar's picture

fonestar will tell all the people that he sees!

Tue, 02/25/2014 - 05:06 | Link to Comment silvermail
silvermail's picture

"MY BOSS IS A JAPANESE CRYPTOGRAPHER."

Dear fonestar,

Yes, of course, we all know about it.

But tell us please, what room number in the hospital, where undergoing treatment your boss and also who is his doctor?


Mon, 02/24/2014 - 18:02 | Link to Comment Indian_Goldsmith
Indian_Goldsmith's picture

So, the only way to be safe is to be a roadside bum without any family or money. LoL. The great western civilization... I hereby renounce all my plans to be of value. Because if there is something valuable here, the thugs will come for me. But if I am  bum, I will be safe. 

Mon, 02/24/2014 - 18:08 | Link to Comment mvsjcl
mvsjcl's picture

Not even then because after all those measures of disinvestment, you appear as a "black hole" on the screen of existance, identified not by what you have, but what you don't have. Indeed, this is alarming to those whose job it is to look at the screen.

Mon, 02/24/2014 - 18:09 | Link to Comment logicalman
logicalman's picture

The man who has everything has everything to lose!

Mon, 02/24/2014 - 18:28 | Link to Comment fonestar
fonestar's picture

WHAT HAVETH A MAN WHO SELLS HIS BITS ONLY TO FIND THERE IS NOTHING GREATER THAN BITCOIN?

Tue, 02/25/2014 - 07:38 | Link to Comment samcontrol
samcontrol's picture

##++¥£^%#}{{{{

M F

la concha de tu Hermana , puto de mierda.
Me tenes la bolas llenas con tu shitcoin.

Mon, 02/24/2014 - 18:41 | Link to Comment 0b1knob
0b1knob's picture

So, the only way to be safe is to be a roadside bum without any family or money who reliably votes democrat.

There fixed it for you.

Mon, 02/24/2014 - 18:26 | Link to Comment Whalley World
Whalley World's picture

that approach is not working out that well for the homeless in Japan who are now temporarily skimming Plutonium for slave wages in the Fuk

Wed, 02/26/2014 - 09:46 | Link to Comment StandardDeviant
StandardDeviant's picture

Just be careful with that shirt.

Mon, 02/24/2014 - 17:51 | Link to Comment LawsofPhysics
LawsofPhysics's picture

well, at least until the grid goes down.

Mon, 02/24/2014 - 17:56 | Link to Comment TheReplacement
TheReplacement's picture

We can only hope...

that the grid goes down.

Mon, 02/24/2014 - 18:01 | Link to Comment fonestar
fonestar's picture

....all around the world.  All at once.

Oh, and hope that everyone doesn't see a point in fixing that.

Mon, 02/24/2014 - 18:44 | Link to Comment ForTheWorld
ForTheWorld's picture

The entire electrical or telecommunications grid doesn't need to go down. Localised outages work just as well. Consider a list of the typical pieces of hardware that your request passes through just to present you with the ZeroHedge page:

1. You -> PC Device -> Network Interface -> [Router/Firewall] -> Modem -> Cell Tower/Telephony Exchange -> Telephony Exchange -> ISP
2. ISP -> DNS Servers -> Router -> Router -> Router -> Router -> Router -> Network Interface -> Destination
    2.1. [Network Interface -> Router/Firewall -> ISP -> DNS Server -> Router -> Router -> Router -> Network Interface -> Destination
    2.1.1 [Network Interface -> Router/Firewall -> ISP -> DNS Server -> Router -> Router -> Router -> Network Interface -> Destination]]
3. Network Interface -> Router -> Router -> Router -> Router -> Router -> DNS Server -> ISP
4. ISP -> Telephony Exchange -> Cell Tower/Telephony Exchange -> Modem -> [Router/Firewall] -> Network Interface -> PC Device -> You

(Step 2 could have hundreds of sub steps thanks to one site connecting to multiple distributed services)

Thanks to the proliferation of Software as a Service products running within a virtual machine as one of perhaps one hundred virtual machines on a single server, the number of points of failure increases exponentially as people become more dependant on being connected to the Internet and demand more services become available via the Internet.

Than, factor in traffic disruptions caused by 400Gbps DDoS attacks that are starting to occur, and will increase in regularity, and you're going to find that there's going to be more outages in the future. One DDoS attack could, in theory, bring down entire data centres (and thousands of sites affecting millions of users) if they are directed well enough.

To understand the physical links, go here: http://submarinecablemap.com - these are only the major international links, and there's a lot of points of failure just there. It's just like a fractal image - the more you zoom in, the more and more links that are available for tampering with.

Mon, 02/24/2014 - 19:02 | Link to Comment fiftybagger
fiftybagger's picture

Hmmmm.  I wonder who is behind those DDOS attacks?

Mon, 02/24/2014 - 19:12 | Link to Comment ForTheWorld
ForTheWorld's picture

Kids. No, seriously - kids. Brian Krebs at http://krebsonsecurity.com has a detailed article about it, and he gave a presentation about it recently which is available via Youtube.

If there's someone else telling the kids to do it, that's another matter.

Here's the specific article with links to other articles within it: http://krebsonsecurity.com/2014/02/the-new-normal-200-400-gbps-ddos-atta...

Mon, 02/24/2014 - 18:22 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

.

We can only hope...

that the grid goes down.

Seriously, it's a literal miracle that the US grid hasn't gone down already. Something as small as a five-year-old's bedtime prayer that the grid go down might be all it takes to tip the balance.

Mon, 02/24/2014 - 18:29 | Link to Comment quasimodo
quasimodo's picture

Message to self......make this part of 6 yr old's bedtime prayer. Oh, and that I have the sense to keep a cool head if it happens.

Mon, 02/24/2014 - 18:32 | Link to Comment fonestar
fonestar's picture

Tell your six year old Satoshi has come!

Mon, 02/24/2014 - 19:31 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

LoP, note that Nazi Germany, the GDR's Statis and Stalin's KGB did just fine w/o the Grid.

We may "have guns", but their populace did not buy into the Propaganda of their Media -- the way ours does.  And so a "freedom fighter" or "libertarian" can simply be relabeled as a DT (Domestic 'Terrarist').  Our populace would not bat an eye with reports of "another DT captured". 

Mon, 02/24/2014 - 18:07 | Link to Comment q99x2
q99x2's picture

MaxCoin if you like to eat crypto try some of that sucker.

Mon, 02/24/2014 - 17:44 | Link to Comment nmewn
nmewn's picture

Well then, how much do you make Flak? ;-)

Mon, 02/24/2014 - 17:57 | Link to Comment Dr. Engali
Dr. Engali's picture

If I close my eyes, put my hands over my ears, and say " there is no NWO agenda" three times it makes all this NWO stuff go away..

Mon, 02/24/2014 - 18:17 | Link to Comment ziggy59
ziggy59's picture

NWO ..backwards... OWN

Mon, 02/24/2014 - 18:44 | Link to Comment fonestar
fonestar's picture

What we are talking about is a Bit World Order.  Good and evil.  Right and wrong.

Mon, 02/24/2014 - 18:21 | Link to Comment ILLILLILLI
ILLILLILLI's picture

Don't forget to click your heels...

There's certain established procedures, you know.

Mon, 02/24/2014 - 18:09 | Link to Comment Winston Churchill
Winston Churchill's picture

Probably not much. Such a poor statist shill can't cost a lot.

Mon, 02/24/2014 - 18:37 | Link to Comment Flakmeister
Flakmeister's picture

In addition to the physical....

CENTRAL FUND OF CANADA CLASS A NPV NON-VTG ISIN #CA153501101 10,000.000 $15.070 $0.20 $150,700.00 $2,000.00

1.34%

Mon, 02/24/2014 - 18:35 | Link to Comment Flakmeister
Flakmeister's picture

Think of me as a director of some kind of surreal real-time play. I was merely providing an entrance for the posts that are  sure to follow...

As for my income, alas, not enough to attract any untoward attention... I think there is still a couple of Swiss accounts but they probably already confiscated whatever was there via "service fees"....

Mon, 02/24/2014 - 18:41 | Link to Comment nmewn
nmewn's picture

lol...fair enough.

I only got one left hangin out there but they know all about that one and agreed on the low profile.

Mon, 02/24/2014 - 21:28 | Link to Comment Jumbotron
Jumbotron's picture

"And they could neither buy or sell without the Mark of the Beast."

Tue, 02/25/2014 - 03:14 | Link to Comment infotechsailor
infotechsailor's picture

What about the drunken sailor outrage!  ?

Oh wait, you might be right

Mon, 02/24/2014 - 17:36 | Link to Comment HedgeAccordingly
HedgeAccordingly's picture

Snowden.. Effect - meanwhile the Spooz reclaimed the old all time high after a half-life of 2 hours -

http://hedge.ly/1cIMFn9

Mon, 02/24/2014 - 17:37 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Ugh.  Coming to even Peru soon enough I imagine.

- 1 to ya world governments!

Mon, 02/24/2014 - 19:34 | Link to Comment CPL
CPL's picture

Oh no, this is going to be hilarious.  It'll be beyond anything any one has ever seen in terms of diplomatic fuck ups in the galactic history of diplomatic fuckups but from this side it'll be pretty funny.

The one thing that governments really suck at is information classification as it relates to cultural bias and financial classification.  Cultural bias being the obvious one.  Financial classification, the accounting industry loves acronyms and standards as much as engineering.  "Lots of standards" to pick from, sprinkle in another culture, various acronyms from the local professional guilds that define the cultural process of accounting to a local professional dialect and tax code.  

So watch the news in those countries as FOIA's are launched all over the place.  Then something slips, because these guys still operate under a beggar thy neighbour but some good comes from it...

What they will understand real quick though is they are all beyond broke and it was only a lie that kept the cheques from bouncing for the past 13 years.  What they won't understand is how they've been harpooning each other with materials pricing, manipulation and how the banks have been fucking them all in the ass for a long time.

Either they'll cry or laugh their asses off once they review everything and learn the important lesson of the role of what a government is supposed to be by it's people.  You know, that crazy idea that governance happens and the role of a government is to manage common elements everyone wants in a society to make it run well by examining the noted requests.

In IT we use ITIL to manage this stuff, it's ugly doing it the first time, gets easier the second time. 500 ft view, Service desk obtains the request from their users then it goes in the sausage maker and at the other end a delivered widget/process/service.

After a while of doing that, the IT delivery people understand what common elements need more attention than other things.  It takes a bit of time to do, but once it's done no one should have much to complain about on how well things run.  Right now though that won't happen until they wake up by seeing how hosed they are and that they've all been taken for a ride.  Then hopefully...for the first time in 100 years they'll listen with their ears and not their mouths. 

And just maybe...they'll see the Truman show they've created for themselves and break out by turning the tables with their own processes.  If they needs to hedge and create buffer time while sorting things out there is one thing government does excel at. 

And that would be waiting.  While it appears to be a major annoyance externally, it serves as an amazing defensive position to re-prioritize direction without having anyone to blame.  Throw in a reorg on top of that and nothing is going to get done.

"I'm so sorry.  It's in the system, department is going through a reorg and half of everyone is off on stress leave/sick/pregnant/sex change/whatever/at pub/tree planting."

See how well that works at buying time?  Otherwise keep an eye on the news papers it's going to get so weird.

 

Mon, 02/24/2014 - 19:49 | Link to Comment trader1
trader1's picture

best post of the day, week, year?

you even said shit was going to get weird last summer, and you were quite right i'd have to admit...

are we getting close to the liminal experience?

The concept of a liminal situation can also be applied to entire societies that are going through a crisis or a “collapse of order”.[47] Philosopher Karl Jaspers made a significant contribution to this idea through his concept of the “axial age,” which was “an in-between period between two structured world-views and between two rounds of empire building; it was an age of creativity where ‘man asked radical questions’, and where the ‘unquestioned grasp on life is loosened’”.[48] It was essentially a time of uncertainty which, most importantly, involved entire civilizations. Seeing as liminal periods are both destructive and constructive, the ideas and practices that emerge from these liminal historical periods are of extreme importance, as they will “tend to take on the quality of structure”.[49] Events such as political or social revolutions (along with other periods of crisis) can thus be considered liminal, as they result in the complete collapse of order and can lead to significant social change.[50]

Liminality in large-scale societies differs significantly from liminality found in ritual passages in small-scale societies. One primary characteristic of liminality (as defined van Gennep and Turner) is that there is a way in as well as a way out.[51] In ritual passages, “members of the society are themselves aware of the liminal state: they know that they will leave it sooner or later, and have ‘ceremony masters’ to guide them through the rituals”.[52] However, in those liminal periods that affect society as a whole, the future (what comes after the liminal period) is completely unknown, and there is no "ceremony master" who has gone through the process before and that can lead people out of it.[53]

In such cases, liminal situations can become dangerous. They allow for the emergence of “self-proclaimed ceremony masters”, that assume leadership positions and attempt to “[perpetuate] liminality and by emptying the liminal moment of real creativity, [turn] it into a scene of mimetic rivalry”.[54]

 

capitalism and schizophrenia - worth a revisit

Mon, 02/24/2014 - 20:18 | Link to Comment HardAssets
HardAssets's picture

trader1 - - - - the short version - - -

'We're screwed'

Mon, 02/24/2014 - 17:38 | Link to Comment buzzsaw99
buzzsaw99's picture

no links he stinks

Mon, 02/24/2014 - 17:39 | Link to Comment somecallmetimmah
somecallmetimmah's picture

Is it such a crime to be sublime?

Mon, 02/24/2014 - 17:53 | Link to Comment pods
pods's picture

I thought it was two in the pink, one in the stink?

Or do I have that backwards?

pods

Mon, 02/24/2014 - 18:12 | Link to Comment superflex
superflex's picture

shockingly correct

Mon, 02/24/2014 - 18:41 | Link to Comment Meat Hammer
Meat Hammer's picture

And don't forget the "windshield wiper" - the thumb back and forth across the clit.

I apologize.

(you know you're doing it right now)

Mon, 02/24/2014 - 21:38 | Link to Comment usednabused
usednabused's picture

Ha, that was  a goodun man!

Mon, 02/24/2014 - 18:05 | Link to Comment trader1
trader1's picture

i broke the story first on ZH if anyone happenned to notice earlier today:

http://www.zerohedge.com/news/2014-02-23/g-20-agrees-grow-global-economy...

 

Mon, 02/24/2014 - 17:39 | Link to Comment Real Estate Geek
Real Estate Geek's picture

Given the information sharing, it seems as if Simon's diversification recommendations are mooted. Same logic that the only reason for gun registration is to facilitate confiscation.

Mon, 02/24/2014 - 17:41 | Link to Comment somecallmetimmah
somecallmetimmah's picture

I recommend buying unsalted crackers.  Hundreds and hundreds of thousands of unsalted crackers.

Mon, 02/24/2014 - 17:40 | Link to Comment kito
kito's picture

oh wow, im so glad i have followed simon blacks advice and have become a global vagabond.............except for my home in the chilean paramo that i bought from simon. he did i tell you that my casita in chile came with free chilean inflation protection bonds. wow, am i lucky!!!!

Mon, 02/24/2014 - 17:43 | Link to Comment somecallmetimmah
somecallmetimmah's picture

Nice!  But how did you get all the dried blood out of those carpets?

Mon, 02/24/2014 - 17:41 | Link to Comment 101 years and c...
101 years and counting's picture

moral of the story: burying your cash in the back yard is safer than in the bank.

Mon, 02/24/2014 - 17:49 | Link to Comment pods
pods's picture

Easy, take small amount of junk silver, put in metal box (fancy one with a lock).  Bury that a foot or two above your stash about 4 inches deep.  Put a couple of rusty nails below the throw away box as well.

There are a thousand ways one can think about hiding valuables in plain sight.  

You don't have to fly halfway across the world to do so.

pods

Mon, 02/24/2014 - 17:43 | Link to Comment world_debt_slave
world_debt_slave's picture

Moar!

Mon, 02/24/2014 - 17:45 | Link to Comment pods
pods's picture

So my gold bars held in trust by a blind third party fiduciary in Sinapore might be at risk?

Well hell, now I have to get anal probed, fly over there, exchange them using some blind BTC custodian, then get it transferred to my secret proxy wallet and make it back.  Then cash in my BTC and go to my LCS, buy back my gold, and then just store it in my house among my kids legos and dog's chew toys?

Or I could have just avoided the 007 route and bought the PMs from my LCS with cash and skipped the anal probe and spy stuff?

pods

 

Mon, 02/24/2014 - 17:47 | Link to Comment somecallmetimmah
somecallmetimmah's picture

What's your address again, pods?

Mon, 02/24/2014 - 17:51 | Link to Comment pods
pods's picture

I actually have a vial of gold (that I myself mined) on my window sill above my kitchen sink.  Fun to look at and good memories.

pods

Mon, 02/24/2014 - 18:01 | Link to Comment CitizenPete
CitizenPete's picture

Prices are back down and supply is good... Acquire MOAR ammo Pods.

Mon, 02/24/2014 - 17:46 | Link to Comment Cacete de Ouro
Cacete de Ouro's picture

If this is the type of info in Simon Black's subscription service, then I'd rather spend the money taking a lady to dinner

Mon, 02/24/2014 - 17:48 | Link to Comment somecallmetimmah
somecallmetimmah's picture

That's no lady.  It's a man, man.

Mon, 02/24/2014 - 17:52 | Link to Comment Cacete de Ouro
Cacete de Ouro's picture

Simon! You down arrowed me. I didn't believe you'd be so cruel!

Mon, 02/24/2014 - 17:46 | Link to Comment smacker
smacker's picture

And exactly WHO gave MY government permission to agree to this policy without consultation??

World governments are OUT OF CONTROL.

They need to be brought to heel.

Mon, 02/24/2014 - 17:56 | Link to Comment ejmoosa
ejmoosa's picture

Well, if you have been determined to have no expectation of privacy, what's to stop your government from sharing you with the world?

Absolutely nothing.

Yes, we need to stop this now...

Mon, 02/24/2014 - 18:16 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

Tax evasion to be redefined as a crime against humanity.

Mon, 02/24/2014 - 18:17 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

...for the cheeeldren.

Mon, 02/24/2014 - 17:50 | Link to Comment LawsofPhysics
LawsofPhysics's picture

Fuck off Simon.

Somewhat off topic, but if I remember correctly, only Russia, China, and Iran don't have a Central bank that is part of the larger western cartel.  Is this still the case?

In addition, you don't hear much about Brazil anymore.  What happened to the "BRIC" countries leading the world out of recession.  Will it simply be the "RIC" countries now?

Yes, a tad bit of sarcasm, still wondering what happened to Brazil?  If they go the way of Argentina, it would seem like the dollar might have more problems keeping the hedgemony going.

Mon, 02/24/2014 - 17:52 | Link to Comment negative rates
negative rates's picture

You forgot North Korea, other than that you have it right.

Mon, 02/24/2014 - 18:04 | Link to Comment Cacete de Ouro
Cacete de Ouro's picture

Libya used to be on the list, but they got nobbled.

Bank Melli (Iran) used to have good relations with the Fed, until the FRBNY stole Iran's gold in a freezing manoeuvre (after the Shah), and had to do a gold swap with the Brits in early 1981 during the hostage crisis to give the Iranian gold back, since the US gold by then was inferior coin bar shit that had been confiscated in the 1930s and melted down. Kit McMahon of the Bank of England flew out to Algeria to make sure the Iranians were not too pissed..

Mon, 02/24/2014 - 17:57 | Link to Comment resurger
resurger's picture

Headshot or cash!! Lol

 

Mon, 02/24/2014 - 17:58 | Link to Comment Winston Churchill
Winston Churchill's picture

What is happening in Brazil LoP ?

Can't seem to find out much.Any sites you might suggest ?

Mon, 02/24/2014 - 18:07 | Link to Comment Cacete de Ouro
Cacete de Ouro's picture

Nothing much is happening in Brazil except same old same old...corruption.... but fun as usual...always fun in Brazil

Mon, 02/24/2014 - 18:15 | Link to Comment Urban Redneck
Urban Redneck's picture

Please keep it that way (since you're never going to get rid of the corruption), and don't sign any agreements with devil up north.

Mon, 02/24/2014 - 18:25 | Link to Comment LawsofPhysics
LawsofPhysics's picture

Well, for one thing, they do keep dollars pretty safe.  Reals, not so much.

Mon, 02/24/2014 - 17:51 | Link to Comment ugmug
ugmug's picture

Let's all play Pin The Debt On The Turkey, Greece, Frank, Yank, Brit, Kraut, Jap, etc.

 

 

Mon, 02/24/2014 - 17:54 | Link to Comment negative rates
negative rates's picture

Lets play "in debt we trust".

Mon, 02/24/2014 - 17:55 | Link to Comment Dr. Engali
Dr. Engali's picture

So basically what you're saying Simon is that this is world wide and all your advice about escaping to Chile, Switzerland, Peru,________ (insert country of choice here) is bullshit.

Mon, 02/24/2014 - 17:57 | Link to Comment g speed
g speed's picture

again i say--gov'ts are obsolete---

Mon, 02/24/2014 - 18:00 | Link to Comment Winston Churchill
Winston Churchill's picture

Not going quietly into the long goodnight without trying the Pol Pot solution first.

Mon, 02/24/2014 - 17:57 | Link to Comment CitizenPete
CitizenPete's picture

Bullish paper and brain wallets (its a BTC thing), PM, geocaches, MOAR ammo, and Asian / South American banks.

Mon, 02/24/2014 - 17:59 | Link to Comment trader1
trader1's picture

simon black is a damn fear monger.  

he's beginning to remind me of the cheney-rumsfeld-bush trio.

how did anyone with an IQ over 100 not see this coming?

 

Mon, 02/24/2014 - 18:04 | Link to Comment CaptainSpaulding
CaptainSpaulding's picture

Who is Simon Black?

Mon, 02/24/2014 - 18:16 | Link to Comment Cacete de Ouro
Cacete de Ouro's picture

I can't tell you or they'd kill me. All I can say is that Simon Black is an anagram for Scam Bilk On, and also Snack Limbo.

Got the message? God's speed!

Mon, 02/24/2014 - 18:17 | Link to Comment trader1
trader1's picture

well, the say a few things about the chap, such as:

"Despite his success, Simon’s ethos is not about the money; it’s about freedom."

and, so why is he charging people for information for which can be googled at will?

http://www.sovereignman.com/solutions/



Mon, 02/24/2014 - 18:33 | Link to Comment Flakmeister
Flakmeister's picture

Ouch....

Mon, 02/24/2014 - 19:10 | Link to Comment Cacete de Ouro
Cacete de Ouro's picture

Looks like Simon is down arrowing everybody. Like a cornered rat

Mon, 02/24/2014 - 17:59 | Link to Comment q99x2
q99x2's picture

What's the best Non-OECD country to live in?

Mon, 02/24/2014 - 18:35 | Link to Comment I Drink Your Mi...
I Drink Your Milkshake's picture

I'd say Croatia, untill they adopt the Euro.

Beautiful coastline, insanely good truffles, improving wine industry and great rock climbing.

And the summer yachet scene rivals Cote Azur.

Mon, 02/24/2014 - 18:01 | Link to Comment Remnant_Army
Mon, 02/24/2014 - 18:02 | Link to Comment Kreditanstalt
Kreditanstalt's picture

Most ZH-ers scream constantly for government protection from labour competition, for strong government borders, for worship of a big military, for more cops, against free trade.

No wonder they like other people to pay their taxes to support a big government...

Mon, 02/24/2014 - 18:14 | Link to Comment ebworthen
ebworthen's picture

Most ZH'ers believe in the U.S. Constitution as written, the enfrocment of the rule-of-law, and sound money.

Since those three have been shredded and forgotten by TPTB there are a lot of diverget paths about "what should be done"; however, most would lead you back to those three.

Mon, 02/24/2014 - 18:24 | Link to Comment Kreditanstalt
Kreditanstalt's picture

Nothing wrong with sound money..  But I have difficulty with the many commenters lately on ZH demanding protectionism.  They want tough border control to keep cheaper, more efficient labour out.  They want neither true free trade nor today's "managed trade" agreements.  They want foreign goods kept out.  They support government-enforced "minimum wages".  They want consumers to pay more. They want to prohibit outsourcing.  They hate "tax evaders" and "evil corporations".

But they love their governments!

Mon, 02/24/2014 - 18:31 | Link to Comment LawsofPhysics
LawsofPhysics's picture

"They want tough border control to keep cheaper, more efficient labour out. "-

Hey dipshit, you get what you pay for. Germany has some of the toughest borders and the most efficient skilled labor around.

Good luck building an advanced economy cooking burritos moron.

There already is a legal path to citizenship and paying taxes.

The fucking wetbacks should try it. 


Mon, 02/24/2014 - 18:43 | Link to Comment agent default
agent default's picture

The reason labour is not competitive IS government.  You cannot have the government impose regulations on you and the open the border and tell you to compete with countries with a completely different set of regulations.  Also note the inconsistency:  They tell you to compete on the open market but playing by their rules, but when it comes to them THEM competing based on tax rules NOOOOO.  Then we have to "level the playing field", then we start talking about "social justice". 

They make you uncompetitive.  They are the reason you lose your job, they are the ones who have created the debt, they are the reason you cannot even plant a fucking carrot in your garden without risking arrest.  They have gone this far.  You tell them to stop debasing the currency and they ignore you. You tell them to stop bailing out useless entities with YOUR money and they ignore you. You  tell them that you cannot take it anymore and they ignore you.  And when they cannot ignore the consequences of you running away from them as best as you can they aggressively attack you as if you owed them something.

And a strong military is one thing, a fucking expeditionary force out there fighting colonial war in Iraq and Afganistan, with bases in places I cannot find on the map let alone whose names I cannot even pronounce, is not something I want to do.

I demand a fucking itemized tax bill God damit, I want to know and choose what I pay for. Otherwise.. I have decided to limit my economic activity to the bare minimum standard of living I want.  Anything more I make will one way or another be taken away from me.  So fuck you.  I hope more people start acting like that.  Atlas must shrug. It is his only way out of this.  Otherwise he will be chained on a rock like Prometheus. \rant

 

 

 

Mon, 02/24/2014 - 18:03 | Link to Comment PaperBear
PaperBear's picture

When will these governments do anything for the people ? Oh silly me, never.

Mon, 02/24/2014 - 18:03 | Link to Comment percolator
percolator's picture

One word describes what this is all about: FASCISM

Mon, 02/24/2014 - 18:53 | Link to Comment agent default
agent default's picture

I suggest you look up the tax rates under Hitler and Mussolini before you call this Fascism.  This is Marxism. Fascism is when the Globalists of the OECD and other organizations that actualy undermine national sovereignty get a jackboot in the teeth. 

Mon, 02/24/2014 - 18:04 | Link to Comment ebworthen
ebworthen's picture

OECD = Organization for Economic Cooperation and Developemnt.

In other words, bankster front men.  Truly pitiful.

http://www.oecd.org/about/

Mon, 02/24/2014 - 18:11 | Link to Comment agent default
agent default's picture

I wonder what the reaction will be when Google, Apple and the rest move their bases of operations in Russia, pay 12% flat and tell everyone to fuck off.  I mean can you imagine the self righteous outrage and endless waffle for our politicians?

Mon, 02/24/2014 - 18:13 | Link to Comment q99x2
q99x2's picture

The OECD nations have shared budgets. The FED will send bailout money to member nations and member nations will buy US Bonds and so on. The citizens taxes of each member country are thus shared among OECD nations.

It is taxation without representation and represents treason by the bankers within each of their respective nations. Unfortunately the banksters have so far been able to control the armies of the nations so there is no way to bring the bankstes to justice at that time.

But things change and not because of fantasy or hope.

Mon, 02/24/2014 - 18:41 | Link to Comment agent default
agent default's picture

"The citizens taxes of each member country are thus shared among OECD nations."

I was not aware of that.  Do you have any documentation on how the system works?  Because whoever put his signature under that agreement is certainly guilty of high treason.

Mon, 02/24/2014 - 18:13 | Link to Comment cherry picker
cherry picker's picture

If my government give my info to a another nation I consider it treason-

We need more Ed Snowdens to let the people know what their governments are hiding.

Time to end the NWO.  This is not the way I want to live.

Mon, 02/24/2014 - 18:14 | Link to Comment NAP
NAP's picture

Has anyone else seen this about Italian capital controls?  http://faneros.wordpress.com/2014/02/22/capital-controls-in-italy-not-wo...

Mon, 02/24/2014 - 18:15 | Link to Comment Johnny Cocknballs
Johnny Cocknballs's picture

OT/

RIP Harold Ramis

 

 

Mon, 02/24/2014 - 18:22 | Link to Comment I Drink Your Mi...
I Drink Your Milkshake's picture

Seems Mr. Black doesn't heed his own advice.

Doesn't he claim to own a farm in Chile? They became an OECD member in 2010.

You packing your bags Simon?

 

Mon, 02/24/2014 - 19:21 | Link to Comment Cacete de Ouro
Cacete de Ouro's picture

They say that Simon's farm rears Vicuñas to make soft scarves and hats for Christine Lagarde and the Chilean and Argentine elites.. But I can't bring myself to believe it! That would be so shocking

Mon, 02/24/2014 - 21:48 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

i nominate CDO for anti-Simon champion of the day. Or, +1

Mon, 02/24/2014 - 18:22 | Link to Comment Zymurguy
Zymurguy's picture

All your money are belong to us.

You have no chance to survive make your time.

Mon, 02/24/2014 - 18:34 | Link to Comment LawsofPhysics
LawsofPhysics's picture

Are you suggesting that bankers earn their interest (for loans created out of thin air- not derived from savings/capital).

 

What do these paper-pushers actually risk (with Uncle Sam BAILING them out)?

What item of real fucking value do they actually create again (other than financial "products" of mass destruction)?

Get long rope, beat the rush.

Mon, 02/24/2014 - 19:28 | Link to Comment trader1
trader1's picture

i applaud the rhetoric, but seriously.  you aren't going to catch me part of some delusional mob of bloodthirsty fanatics.  i'm sorry, but i try to live by the words of jesus, even though i don't consider myself religious or christian...

Mon, 02/24/2014 - 19:13 | Link to Comment samsara
samsara's picture

I love Pre emptive back burning in the morning,  It smells like,  desperation.

Mon, 02/24/2014 - 18:37 | Link to Comment kellycriterion
kellycriterion's picture

ZEROHERO EMERGENCY! ZEROHERO EMERGENCY!

Where are all the comments blaming the banksters, the jews, lobbyists, corps, the wealthy? Everyone knows that politicians and bureaucrats are either corrupt lackeys or well meaning manipulated boobs who have no power.

Mon, 02/24/2014 - 18:52 | Link to Comment fiftybagger
fiftybagger's picture

Neat new list of countries for Expats with money to boycott:

 

AUSTRALIA
AUSTRIA
BELGIUM
CANADA
CHILE
CZECH REPUBLIC
DENMARK
ESTONIA
FINLAND
FRANCE
GERMANY
GREECE
HUNGARY
ICELAND
IRELAND
ISRAEL
ITALY
JAPAN
KOREA
LUXEMBOURG
MEXICO
NETHERLANDS
NEW ZEALAND
NORWAY
POLAND
PORTUGAL
SLOVAK REPUBLIC
SLOVENIA
SPAIN
SWEDEN
SWITZERLAND
TURKEY
UNITED KINGDOM
UNITED STATES

Silver For The People

Mon, 02/24/2014 - 19:47 | Link to Comment smacker
smacker's picture

Thailand and Brazil = good to go.

Mon, 02/24/2014 - 22:25 | Link to Comment laomei
laomei's picture

Thailand has a bit of a civil war festering and waiting.  Standard situation really.  Government makes policy good for the rural areas, not as good for the cities, city folk (despite being the minority) scream bitch and moan and get all bloody with their protests.  If you do it the opposite way, you start getting "terrorism" wherein the rural areas start getting getting very sympathetic to anti-government causes.  No real easy fix to this and it's eventually going to boil over much worse than it has previously given an excuse.

 

Brazil: Massive drought, shit's fucked, I sure as fuck wouldn't pull the trigger on that, also far too close for comfort as it's traditional stomping grounds of the US for when the public needs a distraction. 

 

I'd vote Laos if you just want to escape.  Because no matter what happens in the rest of the world, no matter how things develop, Laos will always be Laos.

Mon, 02/24/2014 - 19:42 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

2 Observations, upon looking at the List of 34 OECD Members:

1. Simon's CHILE is on that list.  Simon, count the days that you'll have "privacy" in Chile.  Look, having visited Chile (nice country!), if I were as "freedom & privacy" conscious as is Simon, I'd avoid the OECD countries entirely.  Especially I had a Plan B, where push came to shove and I wanted to have a stash of cash and a place to live outside the "Uncle Sam hot zone".

2. We know what and how much information is going into Israel, but exactly what type and amount of "information" will come out?  Besides a list of "Palestinians abroad" that we are to observe on their behalf and on our dime?

Mon, 02/24/2014 - 19:56 | Link to Comment 22winmag
22winmag's picture

Maybe Simon isn't that bad after all.

 

This is like when the states started exchanging criminal records and DMV records ~20 years ago, only 100 times worse.

Mon, 02/24/2014 - 22:05 | Link to Comment Spungo
Spungo's picture

"I thought it was two in the pink, one in the stink?

Or do I have that backwards?"

It's 5 in the pink, 5 in the stink. This move is called "the IRS"

Mon, 02/24/2014 - 22:24 | Link to Comment JLee2027
JLee2027's picture

Sharing data would fall under a treaty, and need to be approved by Congress. 

 

Mon, 02/24/2014 - 23:33 | Link to Comment williambanzai7
williambanzai7's picture

Call me when they decide to do a Switzerland on the Caymans.

Tue, 02/25/2014 - 01:25 | Link to Comment Peter Pan
Peter Pan's picture

Forget the exchange of information. Just go for the tax havens. That is where the real money is.

If tax havens are not part of the tax sharing deal then the whole exercise is just a farce.

Tue, 02/25/2014 - 04:49 | Link to Comment Counterfiat
Counterfiat's picture

"These companies have shareholders from all over the world. And their solemn responsibility is to maximize shareholder value… not maximize the amount of funds that politicians in a single jurisdiction get to blow on wars and welfare."

 

Ah globilism, gobbleism, gobble-you-up-foolism, go gault, yo gaulty, you're guilty, you won't be needing this in jail, jail in bail-in.

Do NOT follow this link or you will be banned from the site!