At some point companies and individuals decide their pain threshold has been exceeded and do something about it. They flee from the oppression and costs of unreasonable government to locations where they are treated better.
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Post Tagged with: "capital flight"
December 5, 2011 08:34
Bank Runs?
With the situation in Europe deteriorating and the increasing recognition that there is no solution, capital will leave these banking systems as well as flee the countries involved. If you fear bank failure, you take your cash out. If you fear currency failure, you put your money into safer currencies, preferably outside of the country.