I've crossed the border between Canada and the US dozens of times; crossed a lot of international borders over the years; been asked lots of questions. Even had our dog food confiscated by US Homeland Security once (It wasn't halal or something).
Which brings us to the latest news.
Two Japanese citizens were detained in Italy after allegedly attempting to take $134 billion in U.S. bonds over the border into Switzerland.
Italian police apparently found the bond certificates concealed in the bottom of their luggage.
Anything to declare? "Nope".
The fine for saying nope could be 40 percent of the total. Let's see. 10% of 134 is 13.4. 13.4 * 4 is 53 and change. That's a possible 53.6 billion dollars.
Ouch!
53.6 billion buys a lot of dog food.
And that's the way the have-you-got-anything-to-declare? Ball bounces.
1 comment:
you sure they are worth that much? never know, the italians in the future might have been wiser to give them more out of thier own treasury. LOL
Brad Maynard
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