The Panama Papers Stun the World of Finance

[Troy Spiral (13)]

A new term "The Panama Papers"  that is one of history's greatest data leaks, showing crazy no-regulations documents leaked from Panama , showing clearly (not just assumed as all us pessimists do) the richest people in the world used the country's banking system (and related instruments) to hide assets in a way nearly unheard of in the last half century. 

Including well known names like Simon Cowell, Stanley Kubrick, Jackin Chan, Chess genius Bobby Fischer  and many others, far richer, just not as well known. 

http://www.theguardian.com/news/2016/apr/03/what-you-need-to-know-about-the-panama-papers

 

Problem with this is, like most economic issues, its complicated and not many care, and we get SCREWED because of the apathy.   The huge mess from 2008?   Still not fixed, nearly no prosecution, and we are MORE vulnerable for another "depression" than we were then.