Border police are always on the lookout for the next big catch. I’m sure every border cop dreams of being the next hero to arrest someone with a stash of drugs, or a ton of hidden cash.
But I bet nothing prepared Italian border police for what they discovered earlier this week – 2 Japanese men trying to pass into Switzerland with $134.5 Billion in US bonds.
With the recent economic malaise, people were joking that Billion is the new Million – but that may not be too far from the truth after this find.
Of course, the big question is whether the bonds are real, and what exactly these 2 Japanese gentlemen were doing trying to bring them into Switzerland. $134.5 Billion of our (borrowed) money is a lot to have moving around the globe.
The funniest part is that if the bonds are real, the Italians may be eligible for 40% of the haul thanks to their strict money laundering laws. Which would probably solve their deficit problems for the next couple of months.