Monday, August 6, 2012

Super-Rich hide $21 trillion offshore

"A new report finds that around the world the extremely wealthy have accumulated at least $21 trillion in secretive offshore accounts. That’s a sum equal to the gross domestic products of the United States and Japan added together."

"enough money has left some developing countries since the 1970s 
to pay off all their debts to the rest of the world."

"The problem here is that the assets of these countries are held by a small number of wealthy individuals while the debts are shouldered by the ordinary people of these countries through their governments,"

More Info/Prior Posts:

No comments: