[Documentary] The Spider's Web: Britain's Second Empire
Apologies if this has been posted before. An excellent expose of how the City of London Corp (within the city of London) have manipulated the financial markets and in particular - tax havens to dominate the global financial markets in secrecy as the British Empire has reduced in size over the years, it has still held dominance in the financial markets by using secrecy and complexity in Jersey, Guernsey, Isle of Man, Bermuda, Cayman Islands, Gibraltar and British Virgin islands.
Also interesting in the context of BREXIT with EUROPE wanting greater transparency and a central world register of offshore companies and Trusts, which the British Establishment don't want to follow especially after the release of the Panama Papers et al.
A good quote shared in the video "Ordinary People Pay Taxes. The Rich Do Not."
Worth getting a coffee, and getting comfy in your favourite chair for this one. Quite enlightening :)
Re: [Documentary] The Spider's Web: Britain's Second Empire
I watched it and it's brilliant. I like the concept as I believe taxation = theft. Taxation, especially in western countries, also goes to the government thieves to enable them to cause murder and mayhem throughout the world. In that sense, we as taxpayers, fund murder and mayhem.
Re: [Documentary] The Spider's Web: Britain's Second Empire
:bump:
Thank you scotslad, and, really no apology necessary :)
Highly recommended viewing. I have seen this before and have had a copy available for the Avalon Library for some time now (this is a reminder for me to get on with putting it there!).
If anybody has yet to watch The Corporation or Four Horsemen, both of which are in the Avalon Library then I'd strongly recommend that those are viewed as well - they work as companion viewing and are highly informative.
Re: [Documentary] The Spider's Web: Britain's Second Empire
The money deposited in the banks of Cayman Islands alone represents no less than 2% of the world GDP. To see the whole picture, the video should have mentioned an estimate of how much money is stashed in other offshore banking places that the financial elite established.