4 ms·
Instead of a big selloff they can probably do what the soviets did. Move their assets to a foreign bank and then the foreign bank stor its assets in the US. Any
by runarb 10y ago
Instead of a big selloff they can probably do what the soviets did. Move their assets to a foreign bank and then the foreign bank stor its assets in the US. Any assets in the us is then owned by the foreign bank, and can not be taken.
This did becom so popular that we still have something called an Eurodollar: https://en.wikipedia.org/wiki/Eurodollar https://en.wikipedia.org/wiki/Eurodollar