Banking in Canada: Why we opened a bank account in this imperfect country

Sovereign Confidential

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If we didn’t live in a highly imperfect, messed up world, then Sovereign Man would have no need to exist.

If banks were stable, if governments were limited and fiscally sound instead of bloated and greedy, and if societies were geared towards real freedom, then you wouldn’t need to search for solutions to protect yourself, your family and your assets.

But we live in the world we live in. It’s flawed, and it is replete with systems — banking, governmental, and the like — built on unstable foundations and littered with rickety scaffolds.

Solutions, the Plan B steps that we need to take to escape or to mitigate that flawed system, are therefore born of, and must work within, that imperfection.

The result? Imperfect solutions… such as the one we’re writing about today.

I’m going to talk to you about opening a bank account in a country that has the least capitalized central bank in the developed world. It’s a country that has formally codified laws that would seize bank depositor’s assets in case of a banking crisis. It’s a country where I’d never park my own savings over the long haul.

Why would you want to open an account there?

Heck, why did we open a corporate account there?

Because, if you have a very specific purpose, and if you do it right, then this imperfect-but-effective solution can reap some real, tangible benefits.

The benefits to us? Our bottom line. The gains outweighed the risks.

So, if you:

1)   Have a business that transacts in US Dollars; and/or,

2)   Live in the US and want to test the idea of having a foreign bank account by
opening one with a small amount of capital;

then click here and read on about what we’ll call a ‘targeted, limited solution.’

This solution, though it only helps mitigate a tiny part of that flawed system, is nonetheless highly effective in the small purpose it serves.

If we didn’t live in a highly imperfect, messed up world, then Sovereign Man would have no need to exist. If banks were stable, if governments were limited and fiscally sound instead of bloated and greedy, and if societies were geared towards real freedom, then you wouldn’t need to search for solutions to protect yourself,…

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