Daily Archives: May 11, 2019 at 08:12 am EDT

Book Bits | 11 May 2019

Moneyland: The Inside Story of the Crooks and Kleptocrats Who Rule the World
By Oliver Bullough
Review via Inc.com
Hang onto your metaphorical hats, because this is the most eye-opening book that you’ll read all year. Moneyland documents exactly how the ultra-rich — especially dictators and criminals — structure shell companies in multiple countries (including many US states) so that they can stash, mostly in the U.S. and the U.K., a trillion dollars of ill-gotten gains every year. It describes how the real-estate business in both countries caters to these money and how the moguls in those industried (many of whom are highly placed in our government) therefore have a vested interest in keeping those dictators in power. A must read for anyone who wants to understand how the real world of wealth works.
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