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  1. GeneralGogol

    Billionaire investor Mark Mobius says China is not letting him take money out of the country

    https://markets.businessinsider.com...ting-outflows-markets-strategy-jinping-2023-3 I have to admit I do have some schadenfreude to see that the guy that spent decades saying that the West is bad and Emerging Markets are good, gets burned Let's also take some time to enjoy his god-awful...
  2. GeneralGogol

    700 people bought passports for a fake "San Giorgio" Antarctic Country

    https://en.mercopress.com/2022/08/2...izenship-of-an-invented-country-in-antarctica OK guys, spill the beans... which one of you bought it? ;)
  3. GeneralGogol

    Lightyear Bank - Estonian IBAN + 3.50% on USD Deposits

    Did anybody here try out Lightyear? They offer Estonian IBAN and pay 3.50% on idle USD balances, 1.25% on idle EUR balances. Rest of the prices seem pretty cheap as well. Might be useful for people that need Estonian IBAN for their Estonian companies too. https://golightyear.com/eu/pricing
  4. GeneralGogol

    Dubai royal family investment fund Up 28,000% in 5 years?

    IHC ”” majority owned by Royal Group ”” has catapulted from a little-known investor focused on fish farming to become the UAE's most-valuable listed company. It's worth more than blue chips such as McDonald's Corp., Nike Inc. and Blackstone Inc. But that size hasn't enticed international...
  5. GeneralGogol

    British tourist murdered by prison guards in Dubai

    This Arab dictatorship sounds like a nice place Also interesting that he stayed in Burj Al-Arab hotel, definitely not some poor backpacker. https://www.dailymail.co.uk/news/ar...died-beaten-starved-Dubai-police-station.html
  6. GeneralGogol

    Chinese Stocks Crash 25%- Hong Kong Index reached 1996 Levels

    https://www.forbes.com/sites/dereks...3rd-term-puts-market-on-edge/?sh=ef2ec806ad32 Could be a bargain if one believes that investing in dictatorships is a good idea...
  7. GeneralGogol

    Platform for Investing in Farmland

    https://acretrader.com/investments/primary-offerings Not really my thing but I figured it would be interesting for some people here.
  8. GeneralGogol

    Offshore Banks that Pay INTEREST on Deposits

    So it seems we are living in a new world where money actually has a price! And the news has hit some offshore banks. I've started making a list of banks that pay interest rates for deposits\idle balances: CIM Banque (Switzerland): 4.50% in USD for 12 months deposit and 2.25% on EUR...
  9. GeneralGogol

    Credit Suisse going bankrupt?

    Credit Suisse has strong capital base and liquidity -CEO memo There are rumors the bank is not doing so well. Whenever the CEO needs to calm people about the capital base of the bank it's a very bad sign... https://www.reuters.com/business/fi...g-capital-base-liquidity-ceo-memo-2022-09-30/...
  10. GeneralGogol

    China deploys tanks to prevent people from withdrawing money from crisis-hit banks

    https://economictimes.indiatimes.co...nmen-square-incident/articleshow/93023031.cms https://au.news.yahoo.com/grim-tank...Q-KCFCbJB30Tutdz4JjpXHEqn3Ymzf_mTbw1zllCqupbu Things are looking great for the Chinese banking system and the status of the RMB as a reserve currency

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