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Investment Analysis Clubs / Macro Economic Trends and Risks


Subject:  Re: Swiss banking secrecy caving in Date:  10/4/2008  8:13 PM
Author:  miro26 Number:  257646 of 536675

<The only thing that I can think of that would change things is if the US started to look like it would restrict the transfer of money abroad, it would cause me to, in fac, transfer everything (shortly followed by yours truly) abroad. That single action would be interpeted by me as a direct attack by my country on my interests and force me to re-prioritize my relationship with it.>

Currency and capital controls would be a major bummer and a deal breaker for me too.

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