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Old 24th Jul 2012, 17:35   #1 (permalink)
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BBC reports "Super-rich 'hiding' at least $21tn..."

Here is the BBC report.

Don't forget to consult the .pdf file upon which this BBC report is based here.

If true, these $21 trillions ($21,000 billions) washing about our economies currently, in great part thanks to the World's most important tax-havens (the UK and USA) followed by all the offshore ones, then Switzerland, Lichtenstein etc., probably very easily explain the World's debt crisis since 2008. Especially that of the Eurozone currently.

If there's any truth to the report of all this huge amount of illegal cash washing about our global economy today, obviously aided by all the International banks including HSBC (most recently brought to attention here), then we should be preparing ourselves for a popular revolution on the scale of that experienced by Czar Nicholas in the early 1900s.

At the least, the Eurozone countries should immediately instigate unilateral capital controls, for a period of at least 12 months, long enough to be able to come to understand and get to grips with this virus. If they're not brave enough, then it's pretty clear whom they're paid by, the popular revolution would be just behind.

I am quite fed up by now, having watched over the past 4-5 years , how taxpayers have had to rescue banks everywhere. How the "markets" have black-mailed whole EU countries into paying more interest on their loans than airship can borrow himself...?!

Nothing washes whiter anymore. Either those who control the $21 trillions ($21,000 billions) get real and come clean, immediately remove all the pressure especially in the Eurozone, or "we" (your worst nightmare) will replace the usual governmental authorities and come after you directly in the form of a revolution even the Russian Czar couldn't see coming...

Your choice mateys...?!
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Old 24th Jul 2012, 17:38   #2 (permalink)

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Yeah, how dare people try to hold onto their money, by God we need Stalin back, he sorted those rich b@st@rdes out.

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Old 24th Jul 2012, 17:44   #3 (permalink)
 
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Yawn yawn yawn.
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Old 24th Jul 2012, 17:54   #4 (permalink)
 
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"The problem with socialism is that eventually you run out of other people's money.''

Margaret Thatcher
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Old 24th Jul 2012, 18:13   #5 (permalink)
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con-pilot wrote:
Quote:
Yeah, how dare people try to hold onto their money, by God we need Stalin back, he sorted those rich b@st@rdes out.
Good for you c-p But, well, back in the early 1900s, they were indeed all sorted out, bloodily, but sorted out nevertheless.

Is that what you want ca. 2012?

If it's of interest to anyone, I reckon that we've reached the limits of capitalism as we know it today. Basically, what's happenned is that the most richest amongst us today basically own 99% of everything in any country. That's almost disregarding all what those $ 21 trillions might own, being illegal funds (an unheavenly mixture of funds, perhaps simply avoiding income taxes, but mixed into all the cash from the drug barons and ME and African dictators etc.)

No reason why these illegitamate funds cause havoc in the Eurozone today (or elsewhere). Freeze those funds, instigate serious capital controls in the EU, unilaterally if necessary. Then we'll see where and what we're left with...?!

PS. "Yawn, yawn, yawn"? It's high time some of us here went to bed perhaps...sweet dreams?!

Last edited by airship; 24th Jul 2012 at 18:17.
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Old 24th Jul 2012, 18:24   #6 (permalink)
 
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HAHAHA

So the rich hiding money are the cause of European Governments spending far more money they could afford to borrow!!

HAHAHA

That one's up there with "movies and video games turn people into mass killers" and anything that was posted by Jane-Doh. Best spend some more on the beurre d'arachide et papier d'aluminium, you're gonna need it!
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Old 24th Jul 2012, 18:36   #7 (permalink)
 
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Hey airship

@15;40 you wrote the following in the Forest Fire thread
Quote:
This is the last time I'm contributing here. Yeah, I know, good riddance etc. Same back to you all...
@17:35 you started this current thread about super-rich and tax-dodging.

Does this mean we can't believe anything you say/write....or is it time for another pastis ?

Last edited by AlpineSkier; 24th Jul 2012 at 18:37.
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Old 24th Jul 2012, 18:39   #8 (permalink)
 
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I'd have thought that if you want to protect money you own, it's only reasonable to hide it from those who would liberate you from it.

Remember that that all-benovolent government can just crank up the presses and turn your funds into wallpaper at a trice. You have to hedge your bets.

I feel very sorry for people who are so jealous of people who are more successful/luckier/happier than they. It demonstrates that they do not recognise that they themselves are better off than someone else - in the case of Europeans, the majority of mankind. They must be very unhappy people.

That makes me feel better again - exuberant, in fact.

SO
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Old 24th Jul 2012, 18:46   #9 (permalink)
 
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Hey, airship? I have a theory.

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Old 24th Jul 2012, 19:05   #10 (permalink)
 
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lets personalise it a little then. Where do you think Robert Mugabe keeps the millions he has stolen from Zimbabwe? or the Castros? do you think they shove it into the local bank in Harare or Havana? Would you feel more indignant if it was a bunch of corrupt Marxist dictators instead of a bunch of corrupt capitalists? or maybe you think it's ok to act that way after all
Quote:
I'd have thought that if you want to protect money you own, it's only reasonable to hide it from those who would liberate you from it.
sea oxen.or
Quote:
Yeah, how dare people try to hold onto their money, by God we need Stalin back, he sorted those rich b@st@rdes out.
Con pilot.
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Old 24th Jul 2012, 19:22   #11 (permalink)

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Quote:
Con pilot.
Jeez, I wasn't serious.
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Old 24th Jul 2012, 19:40   #12 (permalink)
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All jokes aside con-pilot, you'd better make up your mind about which way you wish to go. Sooner, and perhaps much earlier than you think (take Gaddafi for example), simple folks will be clamouring for explanations and will hardly be willing to hear sorry excuses from the like of you (perhaps half-heartedly awaiting rescue from your previous super-rich employers). Take your sides now, or forever hold your peace. Amen.

What with all the God-damned riff-raff who don't understand simple English including AlpineSkier:
Quote:
Does this mean we can't believe anything you say/write....or is it time for another pastis ?
Uhmmm no, what I said was true, it was in another thread. This is a completely new thread. So quit trying to **** my leg like an unruly puppy? OK?!
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Old 24th Jul 2012, 19:44   #13 (permalink)
 
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airship:

I'm sure con-pilot is shaking in his boots right now after your last little tirade. (Which, by the way, could very well be construed as a threat. And the mods don't take very kindly to threats against another member.)

You might think about lightening your load a bit.

(Me thinks we may have seen the last of airship. I hope.)

Last edited by rgbrock1; 24th Jul 2012 at 19:46.
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Old 24th Jul 2012, 20:04   #14 (permalink)
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I hope not. After all, JB is not for the faint-hearted, and what's more, I think he has a point.


The thing is, it's okay to hang on to your money, if you've not harmed people while acquiring it. Sadly, the ordinary working family is being financially raped every single moment of their ever increasingly burdened lives.

Here in America, they've totally lost the plot. One young man shot in the eye by that psychotic gunman, is now thought to have amassed medical bills of over $2,000,000. His partner is giving birth a couple of floors up from his ward. And they thought college fees were going to be a problem.
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Old 24th Jul 2012, 20:05   #15 (permalink)
 
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I'm trying to figure out what is meant by

Quote:
All jokes aside con-pilot, you'd better make up your mind about which way you wish to go. Sooner, and perhaps much earlier than you think (take Gaddafi for example), simple folks will be clamouring for explanations and will hardly be willing to hear sorry excuses from the like of you (perhaps half-heartedly awaiting rescue from your previous super-rich employers).
since c-p was employed by the Government and not by one of them rich people airship is jealous of.....



Vive la revolution?
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Old 24th Jul 2012, 20:16   #16 (permalink)
 
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airship

When people make the kind of comment you made in the Forest Fire thread, it has always previously meant they folded their tents and pissed off entirely.

You apparently think we need a dramatic announcement in any particular thread where we have benefitted from from your insights. Personally I don't care: if it's not you talking shit it will be someone else ( maybe ), so what's the odds?

By the way, got any back up for this..

Quote:
World's most important tax-havens (the UK and USA) followed by all the offshore ones, then Switzerland, Lichtenstein etc
as the US and UK not usually regarded as tax-havens.

If you have any time after that, I am still waiting for answers in other threads about max number of immigrants into the Uk and max amount of medical help for illegal immigrants in UK.

By the way, do you ever return to the UK these days ?
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Old 24th Jul 2012, 20:36   #17 (permalink)

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Quote:
All jokes aside con-pilot, you'd better make up your mind about which way you wish to go. Sooner, and perhaps much earlier than you think (take Gaddafi for example), simple folks will be clamouring for explanations and will hardly be willing to hear sorry excuses from the like of you (perhaps half-heartedly awaiting rescue from your previous super-rich employers). Take your sides now, or forever hold your peace. Amen.

What with all the God-damned riff-raff who don't understand simple English including AlpineSkier:
Are you off your meds again, or is it the cheap Scotch you are so fond of that caused you to write the above tripe?

I've cut you a lot of slack in the past. Keep this sort of thing up and you'll find out that I've made up my mind a very long time ago regarding you.

So I would recommend that you back off, take a break, do some thinking before you respond again and do us all a favor.

Seriously. As I still like you and would like to remain liking you, but you are pushing the limits of friendship. Even internet friendships.

So think about what I have written.
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Old 24th Jul 2012, 21:08   #18 (permalink)
 
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I think it would be interesting to see how much money stored away is done so by folks like the Mad Colonel in Libya, now departed, the towel wearing crook who ran the PLO for decades, now departed, and any number of tin pot dictators. For that matter, George Soros.

Hiding money is a very old game, and one which made the Swiss bankes rich for a century or two.

It is always best to have a bit hidden away for a rainy day. The question that never stops being asked is "how do you know when it's enough?"
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Old 24th Jul 2012, 21:52   #19 (permalink)
 
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My answer is simple shut all the stock markets down, make it illegal to speculate in the means of exchange ie money,make it illegal to speculate or sell on or buy dept,make it illegal to speculate on energy or basic food stuffs.
In fact giving the matter some thought to save time it would be better if we just took everybody who wears braces and goes to work in a suit outside make them dig a hole and nine the feckers in the back of the head,finally confiscate all personal wealth over say ten million,ten million would do me,it should do anybody.
There you are,sorted.
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Old 24th Jul 2012, 21:53   #20 (permalink)
 
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"BBC reports "Super-rich 'hiding' at least $21tn..."

Damn right I am.
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