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Protect Your Money
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Sooner or later everything comes down to money. Your first order of business should be to get a bank account outside the US and move a significant portion of your assets outside the US. The US financial system is on shaky ground, and don't think for a minute that FDIC or FSLIC will mean anything when things get ugly.
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Financial Transactions In Venezuela
Banking in Venezuela can be challenging, frustrating, and quite irritating- especially if you have to stand in line for an hour to cash a check or make a deposit. However, once you've got a checking account and credit cards, you'll have to deal with the finer points of the Venezuelan Banking system and their security measures. . . . keep reading
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Bolivar vs Dollar: Current Exchange Rate Issues
5 October 2006
Moving money from a liquid foreign currency to the Venezuelan Bolivar can be a frustrating experience. The difference between the official rate and the parallel market rate is significant. Currently the difference is significant and the market is volatile: here's what you need to know about exchanging your money . . . keep reading
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U.S. Spying On Money Transfers Causes Fear
Recent reports of the U.S. Government spying on international wire transfers appears to be only the tip of the iceberg, with new allegations of domestic spying on financial activity. There is one agency that would love to access this data, and the big question is how long before the IRS gets this financial information. . . . keep reading
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