Thursday, March 06, 2014

Dark matter in global imbalances

Tax Havens Make US and Europe Look Poorer than They Are, Exaggerate Size of “Global Imbalances” by Yves Smith

P.S. This probably means that the top one percent have even more wealth than we thought and this effort  UK seeking to ensure Russia sanctions do not harm City of London
For a quick overview of Shaxson's book, see David Runciman review

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