this post was submitted on 14 Mar 2025
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Economics
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Numbers like this really put the £36 trillion sitting liquid in tax havens into perspective. If you think about what "money" is supposed to represent as a social construct, all the efforts and suffering in it's name, I call that £36 trillion the "Well of Souls."
Imagine if even half of that money had been distributed to the people who earned it by working hard.
An almost unnoticeable 1% of that is £360 billion, imagine what could be done with just that! Half would probably propel humanity forward, says everything you need to know about these wealth hoarders.