Today, a 3rd of all wealth in the world is in offshore banks in
Monaco, Cayman Islands, Bermuda, Bahamas, and Isle of Man.
About $1.4 trillion is held
in offshore banks in Cayman Islands alone.
According to Forbes magazine, a total of 15 to 20 trillion
dollars are in offshore bank accounts, brokerage accounts and hedge
fund portfolios.
All the world's biggest banks have branches in these tax havens
to ensure that taxes on their ultra-rich clients are as light as
possible.
Governments around the globe are missing out from this tax
avoidance, at least in the hundreds of billions of dollars every
year.
When the global elite want to do some "social engineering" in
countries where they operate, they set up tax-free "charitable
trusts" that aren't very "charity-oriented" at all. Rather,
these "charitable trusts" push radical political and social agendas
of these elitists.
Examples include The Rockefeller Foundation, The Ford Foundation
and The Gates Foundation. George Soros uses entities like
these to push his various political agendas.