Season 2, Episode 3: Casey Michel: American Kleptocracy
Book Club with Jeffrey Sachs
00:00
What's Happening in the United States of America?
The anonymity within things like shell companies is one of the key bed rocks of this broader american transformation. All too often, you can track it back to an american that visited that move there, that set up these systems themselves. And then beyond that, in places like south dakota, with trusts and perpetual trusts, which provide, again, many of the same services all the anonimity. It's a similar dynamic, a similar set up, we see in places like canada, the united kingdom, or australia as well as traditional offshore havens of yore.
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