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Where would capital move?
by rorykoehler 7y ago
Where would capital move?
- AdrianB1 7y agoIf that is the only argument, it does not hold.
- rorykoehler 7y agoI'm not sure if you are replying to me or the parent but I'm asking a genuine question. If capital needs to move from investments where would it go?
- stickfigure 7y agoAnywhere? Panama, Cayman Islands, bitcoin, foreign real state, gold... take your pick. Wealth is pretty fluid these days, even for people who live under Chinese-style capital "controls".
- rorykoehler 7y agoTax evasion is not a valid answer. The others are issues though gold would be subject to the same taxation. Moving money abroad is a major issue but its already a major issue (see apple in Ireland or Chinese in Australia).