From: Not a lawyer 
Newsgroups: uk.legal uk.finance
Subject: Re: Opening a foreign bank account with no foreign address/job yet
Date: Tue, 21 Aug 2007 19:09:37 GMT
Bytes: 2985

sk8terg1rl wrote:
> Hello, thanks for replying,
> 
> Not a lawyer wrote:
> 
>>sk8terg1rl wrote:
>>
>>>Thanks for any advice :-). Any other info you think would be relevant
>>>would also be great!
>>
>>Might be best to avoid the US dollar, even though you want to go there,
>>until much nearer the time, then convert to USD when needed, but not all
>>in one go. Keep Sterling and buy some Swiss Francs maybe? Euros as well
>>possibly, but I expect the USD to continue to decline. Also some gold,
>>say 10%.
> 
> 
> I'm curious to know what your logic is in saying that the USD will
> continue to decline.

Well, I'm pessimistic on the USD because of the present Bush Admin as 
well as their ballooning debt with war without end. I don't see the 
dollar recovering. Suppose it's a matter of opinion.

> If I get a job in Canada instead, do you also think the Canadian
> dollar will decline? 

Seems to have done quite well against the dollar recently, problem is, 
Bush et al want the equivalent of the EU for North America: Mexico for 
cheap labour, Canada for its resources, and their aim is to extend that 
into South America (long term).

One thing about the US I'm hesitant about is the
> (also) creeping Orwellianism. You get mug-shots taken the moment you
> land :-(

And fingerprints, with a National ID card next year. In some respects, 
the US is worse than Britain, some nutters want bush president for life. 
Oh, and they can lock you up for life, with no trial etc. and even if 
you are innocent, mistaken identity or someone snitching on you could 
result in the same bad outcome, but that's more down the road.