Look What the U.S. Gov’t Just Did To the Vatican

In Shocking Move, Pope and Vatican Agree to Turn Banking Records Over to U.S. Gov’t

06.02.2015 by Michael Palmer, Stansberry Research

Pope_Francis_Malacanang_7_cropped (1)Here’s a fascinating new development in the financial world…

One of the most outrageous, over-reaching, and potentially dangerous banking laws in U.S. history continues to send new ripples throughout the global economy.

Just a few days ago, it was reported that the Pope and the Vatican have agreed to comply with a draconian U.S. banking law known as “FATCA.”

RELATED: Devastating New Currency Law Now in Effect

Journalists on the liberal left and conservative right agree on few things these days, but one thing they all seem to agree on is that this new banking regulation is a complete mess…

* The liberal Atlantic Magazine has said, “FATCA seems to be turning into a nightmare and disaster.”

* The New American reports it’s been “an unmitigated disaster.”

* And the typically conservative Economist calls it “heavy-handed, inequitable and hypocritical.”

FATCA was pitched by the government as a way to track down tax evaders. But dig a little deeper, and it becomes obvious that this outrageous new law could spell disaster for every law-abiding U.S. citizen.

SEE ALSO: Guess Who’s About to Go Bankrupt in America?

Some financial experts worry FATCA’s outrageous new rules will eventually have calamitous results, because it will accelerate the collapse of the U.S. dollar, and will eventually lead to the end of the U.S. dollar as the world’s “reserve currency.”

Simon Black, a global banking and privacy analyst says: “FATCA may prove to be the greatest disaster in US history.”

Porter Stansberry, the Founder of Maryland-based Stansberry Research (one of the largest independent financial research firms in the world) says: “This is exactly what you should expect from a broke and desperate government. And believe me, this is only the beginning… it’s going to get much, much worse.”

In fact, Stansberry is so concerned, he recently sat down with 22-year former Congressman Dr. Ron Paul, to talk about what law-abiding Americans should to do protect themselves right now.

ALSO: Ron Paul Issues Major Warning for U.S. Seniors

Dr. Paul’s message should be a wake-up call for anyone holding U.S. dollars. Get the facts for yourself. Learn how to protect yourself, your family, and your retirement. And learn more about FATCA and what it means for you.

Check out Dr. Paul’s message on Stansberry Research�s website, here, which includes the #1 Step Every American Should take immediately to protect themselves and their families…