9 years ago
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Wealth doesn’t trickle down – it just floods offshore, research reveals
A far-reaching new study suggests a staggering $21tn in assets has been lost to global tax havens. If taxed, that could have been enough to put parts of Africa back on its feet – and even solve the euro crisis, writes Heather Stewart.
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http://www.theguardian.com
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Wealth is getting stuck on a closed circuit in the financial markets while the real economy suffers and the governments sing praise to the Holy Friedman and his prophet Reagan.
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