Friday, February 4, 2011

Capital Controls imposed in Egypt

Capital controls and travel bans for significant govt. and business figures have been imposed in Egypt overnight. As is common in such situations of regime change, South Africa comes to mind, such measures are only introduced after the elite have already moved the gold and fled the country, such controls are only ever to stop the "dumb" money from fleeing. As reported earlier in this blog here, here & here, the elite and the gold has already fled.

No comments:

Post a Comment