"With the Foreign Account Tax Compliance Act (FATCA) coming into full effect on January 1, 2016, and the US government actively prosecuting banks, only savvy Americans will be able to find financial institutions abroad to service them. We saw this coming at The Dollar Vigilante Blog, and have written about it extensively. Europe will not be a better place to be than the US, and not just because the US sees itself as the world's police officer. The European Union wants to steal the savings of Europe, and are currently paving the way to make this possible, just like the US. Only the most astute of money managers will survive The End Of The Monetary System As We Know It (TEOTMSAWKI). That means being sensitive and open-minded to the changing economic climate and being very aware of all of the rapid changes descending upon the world banking system."