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created at
2025-07-31 03:46:56
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title
Consider an Offshore Bank Account in Mainland China
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Americans might be justifiably worried about their own government, but for many non-Americans, the US is a place to keep all sorts of legitimate or illegitimate money for safe keeping. Which country can twist the arms of the US? Far from the control of their own governments, Ecuadorians, Russians, and Chinese quite understandably find the US a safe place to park their money. In designing a stock portfolio, in the game of chess, and in securing your life, you must play scenarios and look for options and diversification strategies that give you the best benefits, not only in terms of the upside, but also in terms of survival. You must stress-test your affairs. There is no guarantee of success, but all you can try to do is to not only improve the probabilities, but also to minimize the impact of tail risks, which, as Nassim Taleb showed, are not all that uncommon. If you’re an American, as a part of your diversification needs you should consider jurisdictions where the heavy hand...
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intman18
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2026-01-25 19:21:47
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