Its government can demand that foreign economies freeze this $ 200 billion in flight capital and the assets into which it has been converted. (michael-hudson.com)
The tendency is for banking systems — and the currency — to collapse after such bubbles, as falling prices for their real estate collateral (aggravated by an exodus of flight capital) hollow out the banking system's balance sheets. (michael-hudson.com)
Preserving wealth means owning productive land locally, and having flight capital abroad. (alephblog.com)