• gandalf_der_13te@feddit.org
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    11 days ago

    They can’t move a lot of it. It’s mostly shares in companies, bonds, commodities, all traded on public markets. Some is in private markets. But that’s still all managed by banks. Banks all around the world started sharing data in 2016. So governments now have access to people’s international holdings.

    oh that’s interesting. i would like to know whether somebody has actually written a detailed step-by-step guide to assess people’s net worth, because i haven’t seen any so far. so i’m interested in seeing it practically done.