At the demise of empire, City of London financial interests created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it behind obscure financial structures in a web of offshore islands. Today, up to half of global offshore wealth may be hidden in British offshore jurisdictions and Britain and its offshore jurisdictions are the largest global players in the world of international finance.
How did this come about, and what impact does it have on the world today? This is what the Spider’s Web sets out to investigate....Rigged Game
The Spider’s Web: Britain’s Second Empire
Don Quijones
Of course government privileges for the usury cartel, "the banks", rig the game in favor of the banks themselves and in favor of the most so-called "credit worthy", typically the rich, of what is then, in essence, the public's credit but for private gain.
ReplyDeleteBut I guess some rigging the game is good, eh MMT cohorts?