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Flag flown upside down as sign of distress outside of US State Department building today
(lemmy.world)
this post was submitted on 05 Feb 2025
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It reinforced the need for non-central-bank digital currencies.
I never understood exactly what they did? Did they freeze all their assets, including stock portfolios, lines of credit, etc? I would have thought that would never happen in the US, but who knows. I wonder if they could freeze access to offshore accounts, e.g. Switzerland. I'm guessing Canadians affected by the freeze have moved a lot of their assets to offshore accounts now.