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The London laundromat is a well known issue that the UK government refuses to fix as the people in power benefit from it. Same as all of Switzerland's business
by lock-the-spock 4y ago
The London laundromat is a well known issue that the UK government refuses to fix as the people in power benefit from it. Same as all of Switzerland's business logic. But this does not represent the average administration in an average EU country - there is still fraud, favouritism, etc, even in the model countries, but the share of fraud is well below what you find in other countries.
- buran77 4y ago> this does not represent the average administration in an average EU country You are right, it's mainly the bigger economies. That was actually the point, the bigger the economy, the more money floats around towards pockets it shouldn't be in by virtue of the fact that it's hard to notice. Things work so it's the perfect cover. UK isn't really the exception, it's not like Germany doesn't have similar issues even if little to none of this can be proven formally. In what might be the only report of its kind in the EU the level of corruption was estimated at well over 100bn EUR. And that's the conservative estimate. The consensus is that the problem isn't with small bribes but with the ties between the political class and industry. The stronger the industry, the bigger the corruption. Look at representative leaders in the EU. People like Madame Lagarde, convicted of misuse of public funds (the lighter version of a corruption charge which allowed her to walk away because she had too massive strings attached), or Ursula von der Leyen, twice investigated for corruption, twice the evidence was mysteriously destroyed, twice got away. They're all inevitably corrupted by private economic interests that are enabled by the sheer financial power they have. And that financial power comes both from doing a good job, and greasing the wheels where needed with more money than an average person can even imagine. Money begets money.