Will the corruption come to halt if the swiss banks are closed?
There is rampant corruption in the world. Is it becasue there is a place to hide the money and keep it safe and confidential. If the scams and corruption should vanish should we first demolish all the places where money can be hidden?
No, it will not halt corruption. Sadly, the clever "D's" will find an alternative.
Don't think closing of banks can halt corruption. Money can be hidden anywhere, within each country of origin or outside of the country. Also, don't believe, corruption can be halted completely - putting it as sustainable level, maybe, but not likely in developing countries.
The problem is that the average person no longer has any way to hide his money and keep it out of reach of the corrupt officials in his own country.
BTW, the United States is one of the most corrupt countries in the world. The U.S. is one of the biggest violators of the AVERAGE person's right of personal and financial privacy and ability to safeguard and transfer funds.
Switzerland and other countries, at one time, were places where even average people could stash some funds (or precious metals). Now only the super wealthy and politicians can do that,
The problem is not the Swiss banks, it is that the average person doesn't have access to them.
by Mathi P 8 years ago
ha ha LOL - are u know ?
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