[Pearls Before Swine]

So where is this hot money going to? Singapore, Panama, Isle of Jersey, Cayman Islands? What’s the in place for hot money these days?

Yes, second that, as inquiring minds want to know.

Ironically, the "hot money" is really mostly "hot data bits." Kind of strange, isn't it? The new vault is a redundant disk array.

[ken5050]

Just you wait..the Caymans will sink into the Caribbean from the combined weight of all that new money/precious metals landing there

[dennisw]

All I know is 20 years after Noriega, Panama is a large banking center. My guess for Latin American money that is sent offshore. You live in Argentina you bank some money in Panama... if you can get it out of Argentina