4 ms·
Completely agree. While I'm very interested in the data and I'm sure there is a significant amount of implied evil deeds going on, I think notion that there is
by fixxer 11y ago
Completely agree. While I'm very interested in the data and I'm sure there is a significant amount of implied evil deeds going on, I think notion that there is a conspiracy to protect the 1% is sophomoric enthusiasm at best (and idiocy at worst).
People move money around for a variety of reasons. Tax fraud, sure. Capital flight for protection of assets from instability or fears of nationalization (Cyprus, for example) is another completely valid reason and I don't see anything wrong with that. At different scales of wealth, a shell company isn't that different from hiding cash in the mattress.
Now, if you're talking about dictators in resource rich banana republics siphoning off riches of their country, then by all means, let those be prosecuted... But how likely is that?