WARNING: Govt. Shutdown Bank Account during Our Retire Early Expat Life

WARNING: Govt. Shutdown Bank Account during Our Retire Early Expat Life! Sharing insights and information about taking (special) care of your finances at home or overseas. This certainly does not apply just to expats living overseas. Here is the outline for this video.
Govt. Shutdown Bank Account
00:00 - Banking is supposed to serve the people
00:30 - Opening a bank account in Ecuador
01:55 - People go abroad for freedom and lower costs
04:10 - Buy and sell among people and history of banking
05:42 - Banking is turned upside down
06:12 - Payment processors threatening to shutdown account
08:24 - Banks have the power to shut you down at anytime
09:01 - Lesson I learned being self employed vs. having a job
10:10 - Beware risk to freedom by third parties
11:10 - Europe bank account shutdowns
11:25 - Good vs. evil, know the difference
11:52 - Shutdowns, closures, seizures happening in all countries
12:35 - I've learned, don't keep all your eggs in one basket
13:00 - Biblical evilness at our door-stay aware!
13:48 - The idea behind community is the ability to buy and sell
14:39 - Being a loner in these times is not a good idea
16:04 - Thanks for watching
As always take care, keep safe and enjoy your family.
Frank and Angie's videos provide real life experiences, insights and entertainment about everything traveling and living overseas in Europe, South America, Mexico and Beyond! Our mission is to show you "what it's really like to live abroad" without any agendas! Live Abroad Like a Pro: http://www.gringogoodsamaritans.com/p/blog-page_6.html

Join Our Free retire earlier retire better Facebook group: https://www.facebook.com/groups/791893957843581/

MUSIC: No Starlight Dey Beat by Nana Kwabena

We welcome applicable and respectful comments. Off-topic comments may be removed.

How You Can Avoid Gringo Gouging with Simple Rule of Thumb (rule of 3 and 4)
https://www.discovercuencaecuador.com/2012/05/rule-of-3-4-in-cuenca-ecuador.html

TRAVELING TO ECUADOR? Let our DIY guide books show you the way and help you save money!
DIY CUENCA LANDING GUIDE - https://goo.gl/n411mA
DIY QUITO LANDING GUIDE - https://goo.gl/dRtavh
DIY ECUADOR COAST GUIDE - https://goo.gl/knVkpT

DISCOVER CUENCA ECUADOR since 2011 with over 2000 article and video posts TELLING IT LIKE IT IS about life abroad! http://www.DiscoverCuencaEcuador.com

Do You Love an Alcoholic? Allow us to offer encouragement. We've been there and done that and now we share with you the positive results of an addiction healed and a marriage saved!
The Alcoholism Trap - https://goo.gl/35S45w
Detach from an Alcoholic Spouse - https://goo.gl/mvjHn9