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Also, as an aside, it is easy to grasp at a narrative alleging vaguely illicit Russian "grey" money when we don't know much about how this is different from trillions of other "investment" money looking for a home all over the world. If the Russians had put their money in senior bonds (like German banks?) rather than into deposits, would this have made it less grey? Is Russian or German money in Swiss banks any less grey?
It seems to me that individuals with some but not a huge amount of wealth are more likely to put their money into deposits rather than bank bonds - which are more the preserve of the seriously rich - but what do I know... this is a different world to the one which I inhabit.
Index of Frank's Diaries
by Frank Schnittger - Sep 18 63 comments
by Luis de Sousa - Sep 13 33 comments
by ARGeezer - Sep 7 67 comments
by Frank Schnittger - Sep 8 82 comments
by Frank Schnittger - Sep 4 18 comments
by Frank Schnittger - Sep 1863 comments
by Luis de Sousa - Sep 1333 comments
by Frank Schnittger - Sep 882 comments
by ARGeezer - Sep 767 comments
by Frank Schnittger - Sep 418 comments
by Frank Schnittger - Aug 3014 comments