The wrong question to ask about offshore banking

Sometimes I wake up and I’m just astounded at how quickly things are unraveling.

Just look at a few big picture points:

The Russians are now wagging their fingers at Europe, comparing the EU to the Soviet Union for trying to plunder Cypriot bank accounts. This on the heels of a wealthy celebrity ‘defecting’ from the high-tax West to low-tax Russia.
Even the chairman of the Federal Reserve acknowledges that, while the US stock market is at an all-time high, adjusted for inflation it is “some distance from the high…”

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