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Wealth

Thinking Allowed

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The Dark Side of Offshore Finance

This chapter explores the complex world of offshore finance, revealing how the wealthy leverage these systems for secrecy and tax evasion. It discusses the ramifications for democracy and capitalism, highlighting the disproportionate power held by ultra-wealthy individuals and the detrimental effects on local economies and governance. The narrative illustrates the moral and economic challenges posed by offshore financial structures, emphasizing the urgent need for oversight and reform.

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