Ries
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- Mar 18, 2008
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Corrupt politicians in most countries, use the caymans. You dont think Trump has his money at Citibank, do you?As @Quilombo said, this has already happened once. Why risk it again?
To you point that some holders of USD accounts have choices, I would say that is a very small amount. Most of the private USD holdings are businesses that need dollars in accounts in Argentina.
Corrupt politicians don't have dollar accounts in Argentine banks. It's stashed abroad.