Panama Papers

In what's being called as the greatest leak in data journalism, the Panama Papers outline how many of the leaders of state and other power players from across the globe hide their money from the tax man. 400 journalists from over 100 different outlets in 80 different countries worked on all this as a united front.

 

Could be some really interesting developments.
http://panamapapers.sueddeutsche.de/articles/56febff0a1bb8d3c3495adf4/

 

Wait, you're telling me the system is rigged? Who would have thought?

 

A press release to talk about the size of the data files? This is going to be a flop.

I have no doubt that shady transactions happen all the time and everywhere, but this sounds silly.

 

The system? This is about cheaters and their enablers actually beating the system.

 

What is your take on the oil price fixing scandal?

 

I really don't have one. There are cheaters on all fronts. Our job is to make the place as close to a true market as possible and we should endeavor to do that and that alone.

 

Apparently Bernie Sanders predicted the Panama Trade Deal would lead to this 5 years ago. Pretty good for someone who allegedly doesn't know anything about trade or the economy.

 

I predict it will rain on June 16th, 2034.

Meteorologist?

 

Lead to what exactly? This was occurring without any trade deal.

 

Predict what? It's been going on for more than 5 years.

 

Icelands PM is resigning.
http://mobile.nytimes.com/2016/04/0...and.html?_r=0&referer=https://www.google.com/

 

I missed Russia and Iceland being a part of that.

 

In Panama?

 

That it would get far worse with that trade deal. And it did.

 

Wow, trade deals leading to advantages and abuse by elites. What a visionary that Bernie is.

 

I didn't see anyone else in Congress, including Clinton, saying shit about it.

 

Can you quantity "far worse"? I just don't see how you're getting to that conclusion.

 

What's he going to pronounce next? Water is wet? Why does it have to be someone in government? Any number of people could have made that call, and most know diddly about trade. For all his government power and influence, Bernie affected what percentage change with this dire warning?

 

Easier to do, more widespread, and in greater volume after the trade deal.