blinki.st/c87019b62fd6?b…
Today's free blink is Moneyland (2018) by @OliverBullough. Some of the stuff that people do to avoid paying back to society, and some of the stuff they get away with seems outrageous to me after listening to this book summary.
Today's free blink is Moneyland (2018) by @OliverBullough. Some of the stuff that people do to avoid paying back to society, and some of the stuff they get away with seems outrageous to me after listening to this book summary.
blinki.st/c87019b62fd6?b…
This book seems to be about how the rich keep getting richer.
This book seems to be about how the rich keep getting richer.
blinki.st/c87019b62fd6?b…
After WW2 governments tried to regulate money, but banks and rich people soon found loopholes.
I think this is the problem with laws - people try to break them, especially if they are not invested in the social contract. #capitalism #greed
After WW2 governments tried to regulate money, but banks and rich people soon found loopholes.
I think this is the problem with laws - people try to break them, especially if they are not invested in the social contract. #capitalism #greed
blinki.st/c87019b62fd6?b…
Bullough outlines various offshore tax havens including Nevis and Jersey.
Bullough outlines various offshore tax havens including Nevis and Jersey.
blinki.st/c87019b62fd6?b…
Bullough outlines the story of a corrupt Angolan government official's daughter, and the price of a wedding dress she chose on a reality TV show. It revealed he was probably siphoning off money.
Bullough outlines the story of a corrupt Angolan government official's daughter, and the price of a wedding dress she chose on a reality TV show. It revealed he was probably siphoning off money.
blinki.st/c87019b62fd6?b…
"Corruption doesn't respect national borders". Nor do the rich. They seem to play by a different set of rules.
New word here:kleptocrat- "ruler who uses their power to steal their country's resources."
"Corruption doesn't respect national borders". Nor do the rich. They seem to play by a different set of rules.
New word here:kleptocrat- "ruler who uses their power to steal their country's resources."
blinki.st/c87019b62fd6?b…
Bullough writes about Swiss bank accounts and the US response - Common Reporting Standard to try to stop people hiding money.
Bullough writes about Swiss bank accounts and the US response - Common Reporting Standard to try to stop people hiding money.
blinki.st/c87019b62fd6?b…
US states like South Dakota and Nevada have become tax havens.
US states like South Dakota and Nevada have become tax havens.
Years ago, I was very pro-free-market, pro-hands off. Over the past few years, I've changed my mind. There is a place for regulation. But I think there needs to be common ground and an explicit social contract.
Anyway, interesting blinks.
Anyway, interesting blinks.
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