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Moneyland
Moneyland: The Inside Story of the Crooks and Kleptocrats Who Rule the World | Oliver Bullough
8 posts | 8 read | 1 reading | 6 to read
"If you want to know why international crooks and their eminently respectable financial advisors walk tall and only the little people pay taxes, this is the ideal book for you. Every politician and moneyman on the planet should read it, but they won't because it's actually about them." John le Carr, author of A Legacy of Spies An investigative journalist's deep dive into the corrupt workings of the world's kleptocrats. From ruined towns on the edge of Siberia, to Bond-villain lairs in London and Manhattan, something has gone wrong. Kleptocracies, governments run by corrupt leaders that prosper at the expense of their people, are on the rise. Once upon a time, if an official stole money, there wasn't much he could do with it. He could buy himself a new car or build himself a nice house or give it to his friends and family, but that was about it. If he kept stealing, the money would just pile up in his house until he had no rooms left to put it in, or it was eaten by mice. And then some bankers had a bright idea. Join the investigative journalist Oliver Bullough on a journey into Moneylandthe secret country of the lawless, stateless superrich. Learn how the institutions of Europe and the United States have become money-laundering operations, attacking the foundations of many of the world's most stable countries. Meet the kleptocrats. Meet their awful children. And find out how heroic activists around the world are fighting back. This is the story of wealth and power in the 21st century. It isn't too late to change it.
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review
Abailliekaras
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Pickpick

A great exposé of how the super-rich and corrupt politicians avoid tax and the countries who help them. Bankers, lawyers, real estate agents and the tax haven bureaucrats turn a blind eye as they take commissions on dirty transactions. The scale of offshore wealth is disturbing. Well-written & relevant to much of what‘s happening in the world today.

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ChelseaM6010
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#TemptingTitles
Day 23. With Money
#WithMoney

Eggs Sounds good 👌🏼 2y
14 likes1 comment
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DGRachel
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Mehso-so

The banking systems, secrecy laws, and lack of consistent international regulations that allow the super rich to hide their assets are complex. This book goes into excruciating detail of those systems. The fact that these various elements conspire to enable corrupt officials to loot their countries without consequences is obscene. I was simultaneously bored by the textbook-like dry prose, and infuriated by the subject matter.

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iread2much
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Pickpick

This fascinating and depressing book examines the legal, political, and social structures that allow very bad people to steal money from their country, their employees, and all kinds of people, and get away with it. It discusses the history that put these structures into place, the often futile fights to break them, and how new structures are built. 4/5 stars, read this for a depressing and enraging look at the super wealthy.

26 likes1 stack add
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BethM
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vivastory Truth!! 5y
DieAReader Completely agree!! 5y
Geenie 🤣🤣❤️👌 5y
51 likes3 comments
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IReadThereforeIBlog
Pickpick

Oliver Bullough is a journalist and writer specialising in Russian history and politics. In this well-researched, easy to follow book that left me incredulous and furious, he sets out how the international finance system (facilitated by Western bankers, accountants and lawyers) permits the rich and the crooked to hide their money while still benefitting from it. It‘s jaw dropping stuff that makes you realise that money conquers all.

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Sarah83
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Well.... I was so happy, that I didn't fall into a bookshop yesterday and saved some money for my bookish trip to Mainz at the end of the month....

And what happened today???? 😭😭😭

I was too tired to read today and instead I went book shopping and bought several bookish items... Well I think, I should have gone to the bookshop yesterday. It would have been cheaper. 😭😭😭😭

#bookishproblems #sorrynotsorry ?!?

Moony Ohhh yes it's a #sorrynotsorry problem. I know it very well.... 5y
Sarah83 @Moony I really think, if I will have a look on my bank account tomorrow, I will regret it. 🤢 5y
63 likes2 comments