Dismantling of the $ System: BRICS, Cyprus, Russian Isolationists' Triumph, Et Cetera

The official position of Vladimir Putin has always been anti-offshore. Not many Western journalists are willing to tell their readers about the following quote from 2002:

“There are reasons to believe that the rules for the offshore funds will become stricter. I am not telling you that your funds will be frozen tomorrow, but if such decision is made, you’ll get tired of swallowing dust in the Western courtrooms, trying to unfreeze your accounts.”

In 2011, Putin repeated the warning, while addressing the participants of business forum:

“I would like to ask the businesspeople to stop hiding their money offshore. The ‘offshore legacy’ of the past is a real hindrance for the development of Russia.”

Most of the oligarchs did not listen. Some members of the political elite din not listen. Somehow, they all believed that only the Soviet State had the privilege of expropriating private property.

http://www.testosteronepit.com/home/2013/3/24/cyprus-crisis-a-triumph-for-russian-isolationists.html