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Simple English definitions for legal terms

capital flight

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A quick definition of capital flight:

Capital flight refers to the movement of a lot of money that people have invested out of a country. This usually happens when there is a lot of political unrest or a very bad economic situation. It's like people are scared and want to take their money somewhere else where they think it will be safer.

A more thorough explanation:

Capital flight refers to the movement of a significant amount of investment money out of a country. This usually happens when there is political instability or a severe economic downturn, causing investors to panic and withdraw their funds.

For example, during the 1997 Asian financial crisis, many investors withdrew their money from countries like Thailand, Indonesia, and South Korea, causing a massive capital flight. Similarly, in Venezuela, the ongoing political and economic crisis has led to a significant capital flight as investors fear for the safety of their investments.

Capital flight can have severe consequences for a country's economy, as it can lead to a shortage of investment capital, a decrease in the value of the country's currency, and a rise in interest rates.

capital expense | capital gain

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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