December 5, 2016

US Dominates as the Global Financial Safe Haven

Money is pouring into the major investment centers the United States from all over the world. Friends of mine in the wealth management business from New York, Chicago, Miami, Houston, Dallas, San Francisco, and Los Angeles tell me they are opening lots of new accounts. I was just in Brooklyn this past weekend for an international meeting. As I was being driven around I saw new building project after new building project. “What is driving […]
November 21, 2016

Will the United States Get Blacklisted as a Tax Haven?

For the world’s tax havens, the United States takes a backseat to no one. Over the last couple of decades, both Democratic and Republican administrations have used America’s superpower status to impose its will on the global financial industry. Using the OECD, IMF, United Nations, and World Bank, and other allegedly nongovernmental institutions, Congress and whatever president then in office has pursued an ever increasing policy of purportedly dealing with tax evasion and money-laundering. As […]