Hot money and the politics of debt
- ISBN: 9780773527430
- Editorial: McGill-Queen's University Press
- Fecha de la edición: 2004
- Lugar de la edición: Montreal. Canadá
- Edición número: 3rd ed
- Encuadernación: Rústica
- Medidas: 23 cm
- Nº Pág.: 536
- Idiomas: Inglés
Explains the origins of a pool of hot and homeless money, its uses and abuses and how the world of high finance, corporate and governmental, became hostage to it A ball of hot money rolls around the world. It seeks anonymity and political refuge. It dodges taxes and sidesteps currency controls. It rolls through offshore shell companies and secret bank accounts, phoney charities and fraudulent religious foundations. It is kept rolling by white-collar criminals, gun-runners, drug dealers, insurgent groups, scam artists, tax evaders, gold and gem smugglers, and, not least, secret service agents plotting coups and financing revolutions. R.T. Naylor explains the origins of this pool of hot and homeless money, its origins, its uses and abuses, how the world of high finance, corporate and governmental, became hostage to it, and the price the world is paying and will continue to pay until the hostages are released.