 |
 |
 |
|
|
|
|
panamalaw.org
is our skype name
Yahoo Messenger
with Zfone
panamalaworg
is our yahoo name, click here for instructions
or use our
encrypted email system
Special EU & EURO Warning – December 14, 2011Offshore Jurisdiction Comparison 
Guatemala CorporationGuatemala Bank AccountAnonymous Master Card and VisaHigh Limit Anonymous Offshore Visa & MasterCardAndorra Private Banking Swiss Forex and CFD Trading AccountFOREX and FUTURES Bank Account for BrokersForex Professional Broker Trading Accounts Offshore High Risk Merchant Accounts
Second Passports and Citizenships – Read this First PleaseWhy You Should Use USPensionado/Poor Man's Second PassportPoor Man's Second PassportSecond Passport and Second Citizenship ProgramsGuide to Economic Citizenship Passport ProgramsGetting Out of Dodge – May 18, 2012Getting Out of Dodge – May 14, 2012Getting Out of Dodge – May 11, 2012Getting Out of Dodge – May 9, 2012Getting Out of Dodge – May 7, 2012Getting Out of Dodge – May 2, 2012Getting Out of Dodge – Apr 26, 2012Getting Out of Dodge – Apr 25, 2012Getting Out of Dodge – Apr 23, 2012Getting Out of Dodge – Apr 12, 2012Fall of the American Empire – Update October 22, 2011Fall of the American Empire – Update October 15, 2011Fall of the American Empire – Update October 13, 2011Fall of the American Empire – Update October 12, 2011Fall of the American Empire – Update October 4, 2011Fall of the American Empire – Update September 26, 2011Update on the Panama USA Tax Treaty – Dec. 1, 2010Panama and USA to Sign Tax Treaty for Exchange of Tax InformationRead This Before Considering Panama as a Offshore JurisdictionPanama Ending Anonymous Bearer SharesPrivate Offshore Panama Bank AccountHow to Get a Non– Freezable Bank AccountPanama Virtual Office for Panama Bank DepositsPanama Real Estate Purchaser Legal RepresentationMolotov Cocktail Riots in GreeceIraq Dinar Revaluation – Exercise CautionReduce Legal Bills – Outsource Legal Work to IndiaDon't Travel With Your Gold CoinsSingapore Caves in to OECD Tax TreatiesGoing Off the US DollarOECD Tax Treaty Compliance FailingImportant Banking News Alert – Bank Reference LettersWhat Do You Want To Protect?Private Offshore Panama Bank AccountPanama Virtual Office for Panama Bank DepositsImportant Banking News Alert – Bank Reference LettersReal Estate Asset ProtectionPanama Real Estate Purchaser Legal RepresentationAnonymous No-Name Debit ATM CardThe OECD and the Tax HavensAnonymous Visa Cards (New May 2009)Asset Protection – Gold, Silver, USD, Euro, Yen, Swiss FrancNevis OverviewNevis Economy, Currency Exchange Controls, and Economic LegislationNevis Government and Legal SystemObama Muslims and Women's RightsAmazing Obama Birther Case Hits Supreme Court – 10/5/10Retired Three Star General Pushes Against Birth Certificate Free ObamaObama Wants Your Pension/Retirement MoneyObama and His AgendaElena KaganRetired US General Calls for Resignation of Obama - NowObama Kenya Birth Certificate Pops UpEU Times Online Publishes an Expose on Obama IneligibilityArizona Stands Against ObamaKenyan Government Official Cites Obama as Being KenyanLatest Obama Rumors – Columbia UniversityIs Obama a Muslim?The Farce of the G–20Obama Muslim StampObama and CommunismObama Scary TruthsObama Kenya Birth Certificate ObtainedObama Hidden Tax IncreaseThe Obama Not Qualified CaseObama Birth Certificate FraudObama Playing Golf with UBS America President Robert WolfAsset Protection in the USAWhat Will You Do if the FDIC Fails?Municipal Bonds – The House Built on Sand CollapsingDead Birds and Fish – Is this Bible Prophecy?Student Loan BubbleObama and this Once Great NationAlex Jones Calls the FBI Walmart Hotline to Report Terrorists (Government Officials)Mexico Trying to Cut Back on US Dollar UsageLet's Talk Broke States and Welfare FraudStory of A Police Department Falling ApartPolice Layoffs Ripping Through the USASen Michael Bennet Forget to Close Mic, calls Senate Vote RiggedTake Money Out of Banks to Collapse their SystemReal IRA Threatens to Blow Up London Bankers and BanksFrench Taking Money out of the Banks on December 7, 2010Anti-Austerity Protest Demonstration Spread Throughout EuropeEU Gives Americans Rights to Access All EU Bank AccountsBritish Expats Returning To UKUK Cracks Down on Six Million Tax ExilesFrance Obtains Stolen Bank Data From SwitzerlandEvery 30 Seconds Thugs Attack Someone in UKBritish Police Raid 6,717 Safe Deposit BoxesItalian Police Raid 76 Branches of Swiss BanksNetherlands Closing Prisons due to a Lack of PrisonersUK Parliament Member Verbally Attacks UK Prime Minister Brown (Brutal)EU Civil Unrest Starting!UBS Swiss Bank Closing Accounts of AmericansTranslate this page into...
Spanish
French
Italian
German
Portuguese
Dutch
Russian
Japanese
Korean
Chinese
Introduction – Here we go again more job cuts. Plants are closing and jobs being lost in wholesale quantities. We are hearing reports from the USA that your people are enlisting in the armed forces to be able to feed their families. These people do this knowing that they might wind up in combat in Iraq or Afghanistan. That is how bad it is getting.
We believe the worst will not be until the second quarter this year. Many of the retailers closed down around mid January giving them a chance to participate in the Christmas sales and then they stay open a few weeks into January to handle the returns and exchanges before shutting down to avoid credit card charge backs. This month so far the USA has announced 150,000 job cuts. Jobless claims hit 589,000 this week.
Who is Laying Off in the USA
Pfizer – 19,000 jobs. People do not have money to buy medicines and fewer and fewer people have health insurance.
Sprint Nextel – 8,000. People are not able to pay for their cell phones.
Home Depot – 7,000. People are not improving their homes.
Texas Instruments – 1800 jobs eliminated. People buying less business equipment.
Circuit City – Closing USA stores, jobs lost total 30,000. People are not buying new computers, TV’s etc. They a re keeping what they have longer.
General Motors – Shutting down some shifts and 2,000 jobs lost. People aren’t buying new cars but keeping what they have longer.
Who is Laying Off in the EU
Royal Phillips Electronics NV – 6,000 jobs lost in first quarter of 2009. Consumer electronics sales down since people are keeping what they have longer and repairing things.
Corus – 800 jobs lost. This is a steel maker and low auto sales can be behind this layoff.
Barnes group Inc – 800 jobs lost. Aerospace manufacturer.
Lincoln National Corp – 540 jobs lost. Life insurer. People can’t afford to pay for life insurance.
Brooks Automation – 350 jobs lost. They a re tied to the microchip industry and demand for electronics is down.
Altus Pharmaceuticals – Cutting 75% of its workers. People cannot afford drugs.
IBM – They cut 1400 sales jobs. Who is going to buy business equipment in this market?
Discussion – The layoffs lead to more layoffs. When people lose their job they cut back spending. This causes other industries to suffer and then more layoffs and closures of businesses result. Obama is trying to stop the job loss and business closures with printing more money and creating programs to get things moving. This works in the short run. It will eventually cause a drop in the USD. This will lead to hyperinflation. This will cause problems significantly worse than what they have now.
The EU is suffering because they were tied too close to the USA and now they a re suffering. The USA is going to try to keep its dollar as high as it can hoping to stall or escape the decline, which leads to hyperinflation. The looming fear is civil unrest as in riots, out of control crime etc in the country. The tax revenue for the USA and EU is going to be way down due to closed businesses and out of work people. Central America is doing fine as is a lot of (but not all) South America. The relations between this region and the Bush Administration were so awful that the ties to the USA were greatly diminished and thus many of these nations are doing fine and the effects of the economic collapse are not noticed at all. If you want a place to come to think Central America.
Remember when the unemployment insurance runs out in a few months’ people will be volatile, especially in the USA. They will not be able to buy gas, food, healthcare, cable TV, Internet, phones, electricity etc. Then all it takes is a spark and you are going to have civil unrest. Feel free to call us for any questions regarding relocation to Central America.
 |
||||||
|
*Offshore Legal Associates Law Firm.We have no legal ties or associations with any other law firm or corporation with similar or like sounding names anywhere and should not be so confused with any other entity having a similar or like sounding name.
