Financial risks in 2026

I asked the banker who is my reference at the bank something like this:

Give that we are talking about the consequences of the tantrum of a fascist foreign government, what happened to them (who are also people close and dear to me), in some future can very well happen to me.

Suddenly my risk profile shot up under the roof.

What do you suggest me to do? Should I find a trusted source of gold bullions to bury under the cellar at home?

The answer was something like this:

Sadly YES, given that the USA have a sort of financial monopoly they can entitle themselves to arbitrarily define a person/organization as a terrorist without any trial or judicial course, and as a consequence apply sanctions that cannot be effectively counteracted, not even abroad.

I didn't have this in my 2026 bingo card, but here we are.

For more details, see:

• the A/I press release under "12. Banca Etica: the sanction also affected an Italian bank account"
• the public statement from the bank (in Italian)

For some broader context on this kind of actions from the USA, see also:

• The same sactions against UN Special Rapporteur Francesca Albanese
• Executive Order 14203 titled "Imposing Sanctions on the International Criminal Court"