23 Trillion $ in Off Shore Accounts

The Paradise Papers have revealed the amount of money hidden in tax havens with the most recent estimates at a mind boggling 23 trillion dollars. If a million dollars was an inch this would be a stack about 362 miles high. There is a modest 5 story building in the cayman Islands that is headquarters to over 18,000 corporations.
And they say crime doesn't pay.

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urwutuiss avatar Politics
6 8

What is your source for your number of 23 trillion?

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:) I never said I didn't "believe" the numbers. I just wanted the source so I could read up on it. (Which you graciously provided)


I wonder how much of that is "political" accounts, from all countries. Politicians have to hide the graft they get from corruption somewhere.

Sounds like a good place for a cat 5 hurricane to visit. Maybe it will blow some of the money where it will do some good. :)

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