Under current law, U.S. taxpayers must report certain offshore assets. Each "US person" with an interest in, signature or other authority over, one or more bank, securities, or other financial accounts in any foreign country must file a Report of Foreign Bank and Financial Accounts (more commonly, FBAR) if the aggregate value of such accounts at any point in a calendar year exceeds $10,000.
If blockchain-based technologies and cryptos are used on a large scale, particularly for processing transactions, the BIS (Bank for International Settlements) predicts it will overwhelm the current capacity of the net.
Trouble developing an endogenous manufacturing sector. The U.S. undermined Latin American manufacturing, and then Europe did the same. "With China, it's the same cycle all over again with a different international power,"