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Seychelles Piracy

A good read about the Seychelles Government seizing large funds from Barclays, on the link above.

The Seychelles government is strapped for cash. Is this just the beginning? Should we all move our money now to countries that will protect your cash? Is this just a taste of what Governments will be doing in the bankrupt future.

In the Seychelles due to the ongoing problem with currency restrictions, such as a ban on more than 2000 rupees leaving the country and a foreign currency wait list that is weighted with friends of government jumping to the head of the list, getting the first chance to purchase foreign currency - this corruption is a daily battle, in all areas.

Is corruption making greed look like a by-product?

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