A CNN International report just now described hawala as "an ancient banking system that relies entirely on trust." The reliance on trust was meant to be taken as a remarkable feature.
As opposed to modern banking systems, in which people place paper currency in well-supervised financial institutions that could never possibly go completely pear-shaped.
As opposed to modern banking systems, in which people place paper currency in well-supervised financial institutions that could never possibly go completely pear-shaped.
No comments:
Post a Comment