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Treasure Islands: Uncovering The Damage Of Offshore Banking And Tax Havens (2011)

by Nicholas Shaxson(Favorite Author)

4.21 of 5 Votes: 1

ISBN

0230105017 (ISBN13: 9780230105010)

languge

English

genre

Nonfiction

publisher

Palgrave Macmillan Trade

review 1: This is no rant about a few greedy people sticking their money in the Caymans to get around the IRS, but a full-blown expose of the most insidious and least understood sector of global finance on the planet today. The world's "off shore" banking system has been growing exponentially since the 1970s and today plays host not to billions, but trillions of dollars. Dollars that would otherwise be moving through your national economy, propping up your revenue base and allowing for much needed investment, or the reduction of national deficits. The book is meticulously researched and beautifully written, presenting both facts and enough clear examples to allow anyone with a median understanding of economics to fully appreciate the extent of the problem. I would strongly urge anyo... morene with an interest in this field, or concerns about the state of the global economy, to get this book under your belt. If you have an account at Audible, I can personally testify to the quality of the audiobook version.
review 2: The book left me angry, appalled and even less likely to trust anyone who can call themselves wealthy. I no longer believe that the a free market capitalist economy, and also that this never existed anyway. The playing field is so far from level that the 'haves' will always remain 'haves' while the rest of the world 'plebs' [ie most of us] will continue to struggle. Interesting, Depressing, Anger making, essential reading.The reason I only gave 3 stars is that in some areas, it appears to lose its way, perhaps just a fraction shorter would have covered the subject for financial morons like me. less

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