Full Disclosure with James O'Brien cover image

Feargal Sharkey

Full Disclosure with James O'Brien

00:00

Is It as Simple as That?

The last estimate we have what ar companies have no taken 74 billion in dividends and interest payments onder those companies. So there was clean enough money in the system. And by the way, what was the regulate? I give you one example. They were owned by someone who set up a bank account in the camon islands that give a loan on paper to a uk. Water company of then ten billion pounds. It's now 14 billion pounds. That meant that they could then charge that water company, the camen island owners, between 14 to 20 % a year interest on that loan. This was during all the naughties, when interest were one percent. Result. 30 years

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