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Remember about 10 years ago when Cyprus started confiscating money held in private bank accounts to settle government debts and the people holding cash kept the
by ashwagary 4y ago
Remember about 10 years ago when Cyprus started confiscating money held in private bank accounts to settle government debts and the people holding cash kept their money because it was physically in their possession and harder to confiscate?
Remember earlier this year when people in Lebanon had to hold bank managers at gun point to try and withdraw money from their own accounts so they could buy basic goods as the economy collapsed?
The "CaSh hAZ nO PuRpOSe eXCePt fOR cRImE" crowd in this comment section have massive blind spots due to a general ignorance of monetary history. I'm not surprised politicians are laughing while taking advantage of it.
- landemva 4y agoThe politicians are definitely laughing at the workers. Panama Papers showed part of the politician's stash of corrupt funds. https://www.occrp.org/en/the-pandora-papers/pandora-papers-reveal-offshore-holdings-of-ukrainian-president-and-his-inner-circle https://www.occrp.org/en/the-pandora-papers/pandora-papers-r... "Ukrainian President Volodymyr Zelensky rode to power on pledges to clean up the Eastern European country, but the Pandora Papers reveal he and his close circle were the beneficiaries of a network of offshore companies, including some that owned expensive London property."