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by functional_dev 71 days ago
or rather "move when?"

Moving 1,400 tonnes might take years. The window to act is closing.

1 comments

Window is not closing.. the stonk market would go to zero. Any doubt about being able to move assets out of the US would cause a run on US stonks.

Also the US has fairly strong private property rights.

We've seen time and again that rights and laws mean shit to the current administration.
My point is: Blocking withdrawal of financial assets from the US would be wall street ending.

No foreign investors would put money into US stonks.

It's not impossible, sure, but probably worse than the great depression.