“Offshore is not just a place, an idea, a way of doing things, or even a weapon for the finance industries. It is also a process: A race to the bottom where the regulations, laws and trappings of democracy are steadily degraded, as one arrangement ricochets from one fortified redoubt of finance to the next jurisdiction, and the offshore system pushes steadily, further, deeper, onshore. The tax havens have become the battering ram of deregulation.”
~ Nicholas Shaxson, Treasure Islands
~ Publishes on March 18, 2025 at 6:00 PM CST ~
By Catherine Austin Fitts
If we understand the secret world of offshore havens and their essential role in the rise of global crime and plunder capitalism, it is in no small part thanks to John Christensen.
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