Relevant and even prescient commentary on news, politics and the economy.

The Price of Offshore

Via The Guardian, Tax Justice Network has a report showing maybe 21 trillion of wealth in “offshore economies”. (hat tip Stormy) A global super-rich elite has exploited gaps in cross-border tax rules to hide an extraordinary £13 trillion ($21tn) of wealth offshore – as much as the American and Japanese GDPs put together – according […]