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Unless their reserves are in vault cash, it could be vulnerable to an assets freeze.

They are, of course, not likely to hold much reserve in accounts under US sovereignty, which would explain why a principle focus of their policy is to prevent other nations from succumbing to US pressure to freeze assets held in those countries.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sat Dec 31st, 2011 at 02:54:36 PM EST
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