£13tn hoard hidden from taxman by global elite

'Study estimates staggering size of offshore economy.  Private banks help wealthiest to move cash into havens.'  The Guardian

'Wealth doesn't trickle down – it just floods offshore, new research reveals.

A far-reaching new study suggests a staggering $21tn in assets has been lost to global tax havens. If taxed, that could have been enough to put parts of Africa back on its feet – and even solve the euro crisis'   The Guardian


Price of Inequality By Joseph Stiglitz - Book


What is 'trickle down theory'?  Wiki!