Tag: British Empire
At the demise of empire, City of London financial interests created a web of secrecy jurisdictions that captured wealth from across the globe and hid it in a web of offshore islands. Today, up to half of global offshore wealth is hidden in British jurisdictions and Britain and its dependencies are the largest global players in the world of international finance.
Hard Brexit will inevitably mean the worst economic crisis in British history, a collapse of even basic food imports and the rapid departure of Scotland and Northern Ireland from the irreparably Dis-United Kingdom. Brexit dooms Britain to disintegration, crisis and ruin.
Today, it is the United States that is treading down the fateful path that Czar Nikolai, the British in 1914 and the Western Allies in 1939 all followed.
The British, like the Americans today believed in Free Trade as an economic panacea blind to the avalanche of empirical, practical evidence to the contrary.