Did anyone hear about this?
Someone I know mentioned it and I was looking into it more. I can't say I am surprised. What worries yet fascinates me is this mention of a "shadow economy". I always felt like there were things going on that we everyday people have no clue about. The fact that the middle class is disappearing in places like the US, UK, Canada, Australia, etc. really makes me question if this has anything to do with it.
Someone I know mentioned it and I was looking into it more. I can't say I am surprised. What worries yet fascinates me is this mention of a "shadow economy". I always felt like there were things going on that we everyday people have no clue about. The fact that the middle class is disappearing in places like the US, UK, Canada, Australia, etc. really makes me question if this has anything to do with it.
Offshore havens and hidden riches of world leaders and billionaires exposed in unprecedented leak - ICIJ
The Pandora Papers reveal the inner workings of a shadow economy that benefits the wealthy and well-connected at the expense of everyone else.
www.icij.org
The secret documents expose offshore dealings of the King of Jordan, the presidents of Ukraine, Kenya and Ecuador, the prime minister of the Czech Republic and former British Prime Minister Tony Blair. The files also detail financial activities of Russian President Vladimir Putin’s “unofficial minister of propaganda” and more than 130 billionaires from Russia, the United States, Turkey and other nations.
The leaked records reveal that many of the power players who could help bring an end to the offshore system instead benefit from it – stashing assets in covert companies and trusts while their governments do little to slow a global stream of illicit money that enriches criminals and impoverishes nations.