4.6 • 1.6K Ratings
🗓️ 25 January 2022
⏱️ 24 minutes
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0:00.0 | Hey everybody, this is Giltown and this is Danielle Towne. Welcome to the |
0:08.5 | invested podcast where we're coming to you from Zurich, Switzerland and South |
0:14.2 | of Atlanta, Georgia. Indeed. Farm out there, which shows you the value of getting |
0:20.7 | infrastructure, code words for internet, deep into the rural parts of the world, |
0:28.5 | deep into Zurich, hidden in the mountains in Europe. That's right. No one can |
0:37.9 | find filled with underground bunkers filled with Nazi gold and all sorts of |
0:46.0 | ill-begotten gains covered up with cows and happy beautiful. You better find |
0:54.8 | that stuff and give it back to its rightful owners. That's right. That's right. It's the |
1:01.1 | constant joke in Europe that Switzerland is like the evil money hoarders and I |
1:08.2 | shouldn't even say this stuff publicly because it's just like a little, it's a |
1:11.4 | little Swiss joke. Yeah, there goes your Swiss citizen. Yeah, exactly. Yeah. I don't |
1:16.6 | need your type around here. That's right. Well, we are obviously talking about that. They're doing, |
1:21.8 | let me just say they're doing a very good job around Switzerland of complying with the |
1:26.5 | various money laundering requirements worldwide. Excellent job. I know many people in |
1:32.4 | the banking industry and it is their full-time job to comply with these things. Doesn't |
1:37.4 | it seem unfair though if you're going to go to all the risk of being a drug dealer murdering |
1:41.2 | kidnapping kind of person that you can't hide your money anywhere? That doesn't seem fair. |
1:46.8 | It's so much trouble. I have heard stories from friends who are in the banking |
1:57.8 | industry about how it like the stories are true. People used to like show up with |
2:02.8 | duffel bags filled with money and they would put them in their number of accounts and you |
2:07.5 | can't do that anymore. You know, those days are gone. I think in general the governments |
2:15.7 | have a surveillance process that is becoming more and more sophisticated all the time and it |
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