Countries Stashing the Most Wealth Offshore
Key Stats
- Chinese Hold Over $2 Trillion Abroad
- No India there in the top 10s.
- Switzerland and Cayma. Islands are favourite US destinations for srashing Wealth offshore.
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21 sats \ 3 replies \ @DesertDave 2 Oct
Doesn't matter unless it's Bitcoin.
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11 sats \ 2 replies \ @Recongraves 2 Oct
🫡⚡. What the cheapest way to run a node?
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21 sats \ 1 reply \ @DesertDave 2 Oct
An old PC probably is the cheapest way to start. I am using a raspberry pi with umbrel os. Which is more energy efficient.
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0 sats \ 0 replies \ @Recongraves 2 Oct
Thank you looking into it.
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10 sats \ 0 replies \ @023ad18700 2 Oct
Damn china is beating us in everything
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10 sats \ 1 reply \ @Coinsreporter 2 Oct
India isn't there because there's not much to put offshore and those who have it are hiding it. You must ght ha e listened Modi winning the first term because he said that he would bring back all the black money back to India.
Then, that again erupted with Demonetization but nothing's back. There was news that some of the Indians might hold billions in Swiss banks but as you know Swiss banks won't reveal their names. Modi tried to get it back or not is another matter but where do his party's people hold money, they do offshore.
It's all crooked here. India has a lot of money offshore but almost 90% of it is undeclared. You can imagine the rest.
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0 sats \ 0 replies \ @Signal312 2 Oct
Yeah, wouldn't most of this offshore money, from most countries be undeclared? I wonder how they make a chart like this. I'd be interested in the origin of these numbers.
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0 sats \ 0 replies \ @Satosora 2 Oct
Does it really matter how much wealth they have if their economy is suffering?
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