No matter where US citizens live, they remaim married: To the IRS.
Thai Banks fearing that the new administration will impose an "automatic reporting system" to the IRS for every US citizen living outside the US. Fearing that they would not be able to comply 100%. Thus fearing "repercussions" from the US, hampering their international banking activities.
I'm 100% short Chinese tech right now. Seen the HSI lately? I did hear that the Chinese have finally decided to pull out the big guns and throw 1.4 trillion at the problem. There might be a bit of a bounce but it could be a dead cat. The tanking oil price is due to this narrative of expectation of reduced Chinese demand. Big time.
It only seem like a step up from the advance passenger information system the airlines already send when booking and checking in - people with multiple passports has reported being met with raised eyebrow and questions at arrival immigration counter when switching passports in the air now - so the system is ready - it's a matter of the 'custome facing' e-visa site that might need to be worked on
Recommended Posts