The Real Story Behind Britain's Offshore Tax Scandal | Britain's Second Empire | Timeline

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  • Опубліковано 9 чер 2024
  • How Britain transformed from a colonial power into a global financial power. At the demise of empire, City of London financial interests created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it behind obscure financial structures in a web of offshore islands.
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КОМЕНТАРІ • 2 тис.

  • @eastafrica1020
    @eastafrica1020 2 роки тому +216

    Wow, I truly learned something totally new about London and the City of London today. I never new they were basically two different entities with different laws. Otherwise this is a documentary that should be showed at prime time television around the world so that voters can recognize what is happening.

    • @sun2020able
      @sun2020able 2 роки тому +7

      even I didn't know that

    • @rosemarygraves780
      @rosemarygraves780 2 роки тому +22

      Dear East Africa
      Sadly, we are aware. But there is absolutely nothing we can do. The world of finance is largely, should I say wholly, untouched by voters at the ballot box.

    • @zoomerboomer3109
      @zoomerboomer3109 2 роки тому

      Yeah, it is insane how much power these bankers are. In the city of London even if your a British citizen and haven't committed any crime other than perhaps trespassing climbing up some bank building you can get entirely banned from the city of London and if you re enter it even when travelling though the subway underneath you can be thrown in prison. That's happened to several parkour and roof climber guys and probably many more people. Its possible a similar thing could happen to people if they go into the city of London to protest this evil usurious banking system that holds us hostage.

    • @jeremyh.pritchard5325
      @jeremyh.pritchard5325 2 роки тому +16

      Washington DC, Inner City London, The Vatican - independent city states. What is the UN status of Ukraine?

    • @italktoomuch6442
      @italktoomuch6442 2 роки тому +12

      Okay, this documentary is fine and all, but it's not done it's research properly. The City of London is not run by a private company, and does not have a private police force. Every municipality in Britain - Glasgow, Manchester, Bognor Regis - used to call it's public municipal authority a corporation and every corporation used to have a police force. It's not that the City is a private entity, it's that the public entity of the City Corporation is run solely by and for representatives of private businesses who have successfully lobbied for it to be left in the 19th century. It gets away with it because its resident population is negligible and its population of huge corporations is enormous. But a lot of London's dodginess doesn't even take place in the City - a lot of it is in the Docklands, in an area run by a very much "normal" council.

  • @Ltw001
    @Ltw001 Рік тому +72

    I always wondered how the UK is still such a large global financial player. I knew that offshore tax Havens existed but had no idea of the extent of their existence and their importance in relation to the strength of the pound and the British economy. Absolutely fascinating, and very well made, thanks for opening my eyes to this.

    • @OrangeNash
      @OrangeNash Рік тому +8

      The UK doesn't produce much anymore. Arms deals , some tourism and that's about it. As unethical and shady as these financial dealings are, the UK could well collapse without them, as there doesn't seem to be much else of real value being produced here. The Funny Money comes in, sloshes around and keeps most of us going...for now.

    • @marmedli9124
      @marmedli9124 Рік тому +2

      @@OrangeNash Technology in uk is right up there.

    • @drewross3240
      @drewross3240 Рік тому

      Your eyes are open, now time for you to do absolutely nothing about 🤡

    • @BharatkaEkBeta
      @BharatkaEkBeta Рік тому +7

      @@marmedli9124 What technology? Britain doesn’t have any. Most technological innovations today come from other parts of the world.

    • @coolatta702
      @coolatta702 Рік тому +1

      lol you like a lot of us obviously with this information detailing...we don't know much about London and Great Britian or their colonies or their former colonies, at all. It's like saying we understand all the parts of the universe outside the Milky Way.

  • @johannsteve
    @johannsteve 2 роки тому +26

    The title is very misleading, the "Empire" has not ended at all, it simply morphed. The footage here is borrowed from "The Spider's Web: Britain's Second Empire" .

  • @historyonthego
    @historyonthego 3 роки тому +82

    So many people suffer because of this, a small amount of people have so much power.

  • @antonvernooy6186
    @antonvernooy6186 2 роки тому +417

    I have just stumbled upon a bunch timelines about economics which I'd never seen before I've always seen the war ones but these economic ones are just phenomenal

  • @jenmb2679
    @jenmb2679 2 роки тому +20

    Wow.I was never taught this in school,nor anywhere else. They don't want us to know how greedy they are

  • @stephaneperron9852
    @stephaneperron9852 2 роки тому +230

    The title incorrectly uses the past tense. It should be "How Britain's Bankers Make Billions From The End Of Empire"

    • @Sammyli99
      @Sammyli99 2 роки тому +16

      No its correct..past tense billions...present tense trillions, and common cents...zero.

    • @guychase8611
      @guychase8611 2 роки тому

      That’s exactly what I messaged my brother when forwarding . . .
      British Crown
      Rothschilds
      Vatican
      and all THE other BLACKROCK MEMBERS 🧐100%

    • @411jamal
      @411jamal 2 роки тому +14

      This comment is top tier. The title could also be: how colonialism reinvented itself

    • @carlmack2188
      @carlmack2188 2 роки тому +7

      how morally bankrupt can people be?

    • @tigeratlas
      @tigeratlas 2 роки тому

      That’s what’s happen in the USA now. End of empire, the elite scum is stealing everything.

  • @sannej
    @sannej 2 роки тому +17

    This certainly explains the 'special' relationship between the UK and the US as well as Brexit.

  • @spikedpsycho2383
    @spikedpsycho2383 2 роки тому +74

    Books about World War I are not popular in the USA because they are depressing. The world’s great European powers destroyed a generation of men in pointless bloody battles. Few Americans realize that World War I was America’s worst foreign policy blunder that killed millions and set the stage for World War II.
    When the “Great War” began in 1914, royals and generals hoped for swift victories. However, advances in technology, mostly machine guns and artillery, allowed concentrated firepower to annihilate attacking formations. The war in France bogged down into a bloody stalemate and the construction of fortified positions ensured that any offensive would grind to a stop. The king of England and Germany were first cousins who grew up together, so a peaceful resolution was likely in 1916.
    The problem was that British bankers had loaned its government lots of money and most could not be repaid. They wanted to win the war so they could loot Germany by requiring Germans to pay reparations so the British government could repay them. If they could lure the powerful USA to join the war, victory was assured. They blocked peace efforts and used their agents of influence to manipulate the USA into joining the war. Soon after President Wilson was elected with the promise to stay out the war, he worked with Congress to declare war.
    As a result, the war dragged on for two more bloody years before enough American men and material arrived in France to turn the tide. The war was unpopular back home, leading Wilson to censor the US mail by blocking anti-war newsletters and magazines. He threw thousands of political opponents in jail, implemented a draft to fill out the Army, and sent these reluctant Americans into battle with little training and poor equipment. The Americans fought bravely, but the Germans had three years of combat experience and chewed up American units foolishly thrown into frontal attacks that had little chance of success. After four years of war, the Germans had no more manpower to replace losses, and surrendered based on a just peace promised by President Wilson. That never happened and Germany was looted and humiliated, which led to the rise of the Nazis and World War II.
    So this Memorial Day, remember the 116,516 Americans President Wilson killed in that senseless war. Moreover, the American intervention extended the war and resulted in World War II. American GIs slaughtered Germans so British bankers could collect debts, with interest! I was inspired to write this blog post after reading the brilliant David Stockman’s recent essay about America’s disastrous intervention in World War I. The “Suez Crisis” is considered the official end of the British empire. The British weakened by idiotic World War I that led to bloody World War II. At the end of that war, the British were bankrupt but needed to deal with rebellious colonies. The British still had many troops in Egypt and Middle East. American President Eisenhower and his bankers refused to lend yet more money to an arrogant, overextended and dying empire. This led to a British financial crisis and a controlled collapse.

    • @DachampsterStudios
      @DachampsterStudios 2 роки тому +3

      and what did America gain for all of that WW1 idiocy?

    • @juanmillaruelo7647
      @juanmillaruelo7647 2 роки тому +7

      @@DachampsterStudios They prevented the rise of a countervailing power on the other side of the Atlantic with the potential to give the United States a run for its money. Germany would have absorbed Flanders, the industrial belt in France, Luxemburg and Wallonia. It would have taken over France's colonies in West Africa and the Caribbean.
      This was a daunting prospect for the few hardnosed strategists who perceived this and for corporate America swiftly expanding over the world, suddenly faced with a technological and industrial giant.
      Wilson had an idealistic view of a world conference where disputes could be prevented or settled (perhaps with the aid of American leverage). Wilson's worldview ultimately failed (for reasons too complex to include here) and the League of Nations collapsed.

    • @JeepersCreepers2013
      @JeepersCreepers2013 2 роки тому +5

      Your comment about American GIs "slaughtering" Germans is pretty ridiculous. People die in war and I'm don't believe that any US troops or any of its allies operated inside of Germany. The western front was frozen in France and Belgium for years and moved very little until the Germans retreated back into Germany. Yes WWI lead to WWII but whose fault was that? Maybe the allies should have occupied Germany the way they did after WWII to ensure they couldn't rearm which is exactly what they did. The American military went home and was basically went home and the went back to work. At the beginning of WWII the US had a relatively small army and didn't ramp up its industry to build planes, tanks, etc until the need arose again due to the Germans declaring war on Europe again and the Japanese swept across Asia and the Pacific. You can draw any conclusions you wish about the fallout of WWI but America didn't get involved directly until the last year of the war... even after having merchant and passenger ships sunk by u-boats, Germans literally blowing up docks in New York to destroy good and supplies to be delivered to the UK, etc. I really think the US showed great restraint through the first half of the 20th century. George Washington himself said in his farewell address that it was better that the US stay out of any European wars, but how long can you watch from across two oceans while people are tearing the world apart and not do anything? Especially when you have the resources to do something about it.

    • @bryanmauser9993
      @bryanmauser9993 2 роки тому +2

      Your comment and the responses it's drawn have been so interesting!

    • @creature57
      @creature57 2 роки тому +2

      Which David Stockman essay are you referring to? Where can I read it?

  • @bangbangninergang7573
    @bangbangninergang7573 2 роки тому +40

    18:35 they legit used South Park characters in a presentation, awesome!

  • @huwzebediahthomas9193
    @huwzebediahthomas9193 2 роки тому +23

    This is excellent - very depressing, but excellently informative and instructive.

  • @ecoideazventures6417
    @ecoideazventures6417 2 роки тому +32

    @1:00:23 - "We need the citizens to understand what is happening, that they are carrying the burden.
    Ordinary people are paying taxes, rich people are not, so this is inequality and this is leading to populism. It shows so clearly that people today leading the world are not taking care of the interests of ordinary people" - Eva Joly, French MEP

    • @johndoe-ss9bz
      @johndoe-ss9bz 2 роки тому +2

      US Oligarchs are the Lowest Taxed Tycoons on the Planet. They Corrupt the Elected Legislature ro Lobby-Loophole US Tycoonery into "TYCOON-TAX-FREEDOM".

  • @NickMusselle
    @NickMusselle 4 роки тому +184

    and people think there is no corruption in UK government, doesn't this prove it is up to its neck in this? this needs sharing

    • @davidcolwill860
      @davidcolwill860 4 роки тому +9

      Do they? I mean really?? Where do you find these people? I have some perpetual motion machines at very reasonable prices, they might be interested.

    • @EddyTeetree
      @EddyTeetree 4 роки тому +12

      Only people who don’t think at all would think that! When have they NOT been corrupt?

    • @dognostix2628
      @dognostix2628 4 роки тому

      ua-cam.com/video/lq6lJsBz9UY/v-deo.html

    • @simonmilton5201
      @simonmilton5201 4 роки тому +12

      The UK Government are the most Corrupt in the world !

    • @matty6848
      @matty6848 3 роки тому +7

      Yes it makes me laugh when we comment on how corrupt the likes of Russia & Putin is, when the U.K is just as bad. Our government condemned the Sailbury poisonings when our secret service has done exactly the same to British agents or spies who have defected!

  • @johnmcclellan9020
    @johnmcclellan9020 3 роки тому +229

    The rich seek the safety civilized societies provide but they don't want to help pay for it. When Rome collapsed and Byzantium fell there were a lot of very rich people who lost their safety.

    • @evankelly4346
      @evankelly4346 2 роки тому +16

      Pretty much sums up human behavior in general. We want what we can get at the lowest price. In a globalized world rich can probably find somehwere to get to thats stable

    • @Nonamearisto
      @Nonamearisto 2 роки тому +32

      Many of the rich fled to Constantinople when Rome declined, and many in Constantinople fled to Italy when the latter fell.

    • @coimbralaw
      @coimbralaw 2 роки тому +2

      Are you a communist?

    • @johnhedges5619
      @johnhedges5619 2 роки тому

      B

    • @mattja52
      @mattja52 2 роки тому +31

      @@coimbralaw What is a communist? According to Lenin, Socialism is the goal to Communism. Even tyrants who use the title don't know the definition. Stalin wasn't a communist, note the acronym, U.S.S.R. ( Union of Soviet Socialist Republics, it ended in 1991 ). Stalin wasn't even a socialist ( another confused word people use ). He was a despot that used the title. I have not seen an authentic communist, socialist, country in the world only tyrants using the title. Why do people use words they can't define? Those words they use are not practiced! Does anyone read!

  • @aGr3atD4y
    @aGr3atD4y Рік тому +7

    Wow, this was an eye opening and rage inducing documentary. I knew that Britain was corrupt but i didn't know it was to this extent, so thank you for shedding some light on it!

    • @LonnieHalouska
      @LonnieHalouska Рік тому +1

      London has been the financial fraud, money launderying and tax evasion capital of the world since the end of WWII.

  • @chrissimiyu5484
    @chrissimiyu5484 2 роки тому +25

    This is why i love UA-cam. Keep up the good work guys

    • @richardanderson4920
      @richardanderson4920 2 роки тому +4

      This documentary has nothing to do with UA-cam directly. They are only the vehicle for publication. You need to praise the publisher and/or the creators, of you feel so incline.

    • @yannick245
      @yannick245 2 роки тому +1

      What does it have to do with UA-cam?
      _Edit: I see, Richard Anderson said it first._

    • @gagarinone
      @gagarinone 2 роки тому +2

      Save the documentaries you consider important. Tomorrow they may be away from UA-cam.

  • @XIXjlo
    @XIXjlo 2 роки тому +85

    I’ve never seen anything like this since I watched “The Godfather” and even then the godfather looked like Sunday school compared to these Gangsters.

    • @dorseyjack3206
      @dorseyjack3206 2 роки тому +1

      If we threw them out plenty of other countries would take them.
      I know it's sad but it's true.

    • @tiitola
      @tiitola 2 роки тому

      😂😂

  • @leowanker2186
    @leowanker2186 4 роки тому +76

    Great documentary, thanks so much to anyone who contributed to it. It deeply saddens me that this will not reach its needed audience.

    • @tag1343
      @tag1343 3 роки тому

      If you wish to know more about the ugly truth of WW2 then watch this:
      altcensored.com/watch?v=OfdOCGsbQVw

    • @destubae3271
      @destubae3271 2 роки тому

      @@tag1343 Lmao David Irving? Really?

    • @peaceformula5830
      @peaceformula5830 2 роки тому

      @@destubae3271 Is he the world renowned historian?

    • @queenb2421
      @queenb2421 2 роки тому

      Of course not because the mass peasants are being entertained by social media, nonsese on Netflix and newspapers the modern colosseum Don't get fooled the money of the corrupt politicians, royal family etc..... is also going to these banks!!!! Only fools, goverment slaves pay taxes and the ones that are scared are being legally robbed by the corrupt goverments.

    • @incubator6916
      @incubator6916 2 роки тому +3

      Share it wide .

  • @dianamincher6479
    @dianamincher6479 3 роки тому +30

    Cayman Islands are paradise and secrecy jurisdictions.

  • @dax1776
    @dax1776 2 роки тому +52

    This was truly and eye opener for me. Much appreciation to the team involved in the making of this documentary

  • @mattja52
    @mattja52 2 роки тому +29

    Those that make the rules win the game and the people are pawns of the game.

    • @jamesmacneil38
      @jamesmacneil38 2 роки тому +4

      Don't play by the rules. Rules are only guidelines for idiots.

    • @nomdeguerre7265
      @nomdeguerre7265 2 роки тому +2

      Governments make the rules. Think about that.

  • @jsgdk
    @jsgdk 2 роки тому +123

    “The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.”

    • @MrLeighman
      @MrLeighman 2 роки тому +4

      Thats what the uninformed think. No, it is more like the people versus the crown and the Vatican. The two pillars of power. The pillar of faith and the crown. Ultimately Banks are just a tool controlled by these powers. Who ultimately has the authority to issue fiat money? - The crown does. Who has to ask permission to enter the city of London? The queen does (the crown) Who owns the city of London? Not the crown, then who? The corporation does. what is the corporation?

    • @shaunpmartin1256
      @shaunpmartin1256 2 роки тому

      LOL d

    • @thomasjamison2050
      @thomasjamison2050 2 роки тому +11

      Yes. The banks rule the governments through debt. Greed is marvelously simple to subvert. So easy, it usually subverts itself.

    • @Japs_Eye_Of_The_Tiger
      @Japs_Eye_Of_The_Tiger 2 роки тому +3

      Henry Ford was right.

    • @jsgdk
      @jsgdk 2 роки тому +2

      @@Japs_Eye_Of_The_Tiger He was not entirely wrong.

  • @sarfrazmh31
    @sarfrazmh31 2 роки тому +135

    The off-shore Tax havens mentioned in this eye- opener documentary , such as British Virgin Islands, The Cayman Islands, Cyprus, Singapore, Hong Kong, Switerland, Abu Dhabi ,and City of London, are some of the same territories listed in the web of financial transactions of the notorious criminal cases of financial scandal involving Malaysia's 1MDB, a govt owned corporation, gauranteed by the Malaysian Ministry of Finance for loans taken from Goldman Sachs, banker of New York. The U.S. Dept of Justice, after 2015, and Malaysia Attorney General (between 2018 and 2019) framed criminal charges against influential politicians, their family members , officials and advisors of 1MDB.

    • @peterummur6799
      @peterummur6799 2 роки тому +6

      Sarfraz MH
      Was the attorney general successful? These things takes years and never seem to get anywhere It's about time they have some success

    • @Veldtian1
      @Veldtian1 2 роки тому +5

      Welcome to the party pal.

    • @matildamarmaduke1096
      @matildamarmaduke1096 2 роки тому +1

      @@Veldtian1
      I baked a cake just for the occasion 🎂.......

    • @matildamarmaduke1096
      @matildamarmaduke1096 2 роки тому +2

      We are closely watching them ..... We 👀and are taking notes .
      CONSPIRafacts or CONSPIRACIES
      SEEMS PRETTY CLEAR DONTCHA THINK?????

    • @sarfrazmh31
      @sarfrazmh31 2 роки тому +4

      @@peterummur6799 The Malaysian govt (2018-2019 ) which framed charges against ex-P.M. Najib and members of his family , and other bodies alleged to have receive 1MDB proceeds illegally, was overthrown by defections, and the old govt , including Najib's Political party UMNO, came to power since 2020.
      So just a merry go round now, of court cases, sadly.

  • @1956paterson
    @1956paterson 2 роки тому +142

    The problem with an economy driven by financial services is that very little economic value for workers is created. Britain would be far better off becoming a manufacturing centre again of high technology like Germany, Austria, Switzerland, Sweden and other countries.

    • @1956paterson
      @1956paterson 2 роки тому +6

      @Dan2314 Wonderluck this is why universal basic income will be necessary with increasing automation.

    • @1956paterson
      @1956paterson 2 роки тому +15

      @Dan2314 Wonderluck times are changing even in the US. We must have mass demonstrations demanding changes. Don’t believe the arguments from scarcity especially in the US. We raise military spending to ever high levels and no politician ever asks the question how will we pay for it? Only when we demand Medicare for All do we hear the question how will we pay for it? We are the world’s reserve currency so we have fiat money.

    • @eddypowell9736
      @eddypowell9736 2 роки тому +15

      The UK does well in Pharmaceuticals (see the COVID vaccine), arms manufacturing, Finance, space travel, AI, law, education, computing (design not manufacturing), creative services, tourism and green technologies…
      The UK has already deindustrialised, so there is no time bomb like there is in the US’s rust belt. However automation and AI is going to take jobs from everyone from taxi drivers to lawyers. Universal benefit is going to be essential; we’ll all have enough but only a few will have a purpose. This cultural shift will be fascinating to watch.

    • @1956paterson
      @1956paterson 2 роки тому +6

      @@eddypowell9736because automation and AI will be so efficient and profitable for businesses then the benefits of this technology ought to have the widest possible distribution among the people and that will mean a universal income so that needs of the people are met, no one is impoverished, and people can use their free time for recreation and creativity.

    • @eddypowell9736
      @eddypowell9736 2 роки тому +9

      @@1956paterson I totally agree with you, that’s the utopia. However Western nations developed over 500 years on the notion that work is a necessity of existence with a reward in the afterlife. And a strong work ethic is still considered an admirable trait. To remove the necessity of work will be a huge cultural shift…also, one wonders if governments and businesses will really share the enhanced benefits for the situation you describe…I hope so, but there will be a battle to ensure the shareholders of said businesses do not just enrich themselves.

  • @zehrajafri9252
    @zehrajafri9252 2 роки тому +18

    The tragedy of war is that the people alway's suffer from the killing game, even the soldiers that are sacrificed to profit are also ordinary people from ordinary families, though they do get some perks. Despicable.

    • @od-gunners768
      @od-gunners768 2 роки тому +4

      This is one of the reason why I don’t really appreciate what soldiers does anymore. They create war and send our uncles, brothers, sisters out there to slaughter them. I think I high time people wake up and stop fighting rich man war. My opinion though.

    • @junglie
      @junglie 2 роки тому

      @@od-gunners768 Bill Hicks summed it up better than i could.......

  • @andrewgordon235
    @andrewgordon235 2 роки тому +76

    This is great reporting it confirms what I've always thought about the rich they make us pay taxes while they don't. Rules for thee but not for me over and over again.

    • @cookiekaramello7498
      @cookiekaramello7498 2 роки тому +2

      The rich pay an absolute insane amount in taxes. Elon Musk just paid the largest personal tax bill in the history of the United States. The problem isn't the amount of money the rich are paying in taxes, it's the amount the unemployed are paying in taxes.

    • @shaguyemanning6143
      @shaguyemanning6143 2 роки тому

      @@cookiekaramello7498 bingo

    • @PatrickBatefan
      @PatrickBatefan 2 роки тому +1

      @@cookiekaramello7498 lol

    • @Deidarc
      @Deidarc 2 роки тому +1

      @@cookiekaramello7498 you must be invested in Tesla.

    • @cookiekaramello7498
      @cookiekaramello7498 2 роки тому +2

      @@Deidarc Nope, I actually don't even like Elon Musk. It's just a simple fact, rich people pay an absurd amount of money in taxes.

  • @tomthumb2361
    @tomthumb2361 2 роки тому +29

    The financial establishment did what establishments always do, at the end of Empire they found a way of retaining control. The public-school-, Tory-party-centred nexus of semi-informal relationships is the core of the establishment and it works for the benefit of a small minority of "the public". Trusts, of a somewhat different kind, were used to secure aristocrats' hold on their wealth after the war within the UK, as well: "We don't own this wealth any longer, so can't be taxed - we just still control the trust, though, so we still enjoy many of the benefits of this wealth." The powerful few.

    • @therealtea9786
      @therealtea9786 2 роки тому

      It could get messy(no pun intended)😆

  • @sstarklite2181
    @sstarklite2181 2 роки тому +4

    Thanks Timeline! Keep up the great work!

  • @Ridesharereflections
    @Ridesharereflections 2 роки тому +85

    Rich people and corporation don’t pay taxes they never have, that shouldn’t come as a shock to anyone who knows anything about history. They’re supposed to but they always find a way around it. Paying taxes is for the working class, the indentured.

    • @tensevo
      @tensevo 2 роки тому +4

      Also, Jesus was crucified because he refused to pay the Roman state taxes.

    • @chacesimpson2856
      @chacesimpson2856 2 роки тому +4

      @@tensevo clown comment

    • @WLHS
      @WLHS 2 роки тому

      “Actual rich people “ mostly don’t use the same space as we do although often the rich people are building & designing the areas we consider public. Often….

    • @the_real_economics
      @the_real_economics 2 роки тому

      Anything taken away from you against your will is a theft. Taxes are theft. It is politicians who decide to tax you, it is politicians who create system in favour of the rich and big corp. On top of that, corporation is not a living person - if you put taxes on corporations, you only shift this burden onto shareholders, employees, customers etc. of this corporation. Get real.

    • @incubator6916
      @incubator6916 2 роки тому +5

      It's called robbery not taxes.

  • @goo8295
    @goo8295 2 роки тому +28

    The string of coups and assassinations post-1960 in developing countries were always linked to Europe eliminating good leaders from developing their countries...

    • @markgolding71
      @markgolding71 Рік тому

      Yes, no surprise there. London has been the centre of global interference on many levels for many centuries. The war on terrorism was virtually run from London in terms of financing terrorists to do some dirty work in Iraq and Syria.

  • @MrDavidJMa
    @MrDavidJMa 3 роки тому +81

    Over 70% of the FTSE are registered in Jersey! Including the LSE itself. I know, I worked for the company who set them up!

  • @love_fleurette
    @love_fleurette 2 роки тому +35

    I never knew that the city of London was its own entity up until a few years ago.

    • @BigMeech1
      @BigMeech1 2 роки тому +1

      Was equally surprised

    • @lordbru
      @lordbru 2 роки тому +2

      never heard of it's existence until today

    • @pixel8ated
      @pixel8ated 2 роки тому +1

      Yep and if you think the Mayor of London runs London then check out the 'Lord Mayor of London' and you realise we get a cardboard cutout version of their City within a City power structure.

    • @italktoomuch6442
      @italktoomuch6442 2 роки тому

      Okay, this documentary is fine and all, but it's not done it's research properly. The City of London is not run by a private company, and does not have a private police force. Every municipality in Britain - Glasgow, Manchester, Bognor Regis - used to call it's public municipal authority a corporation and every corporation used to have a police force. It's not that the City is a private entity, it's that the public entity of the City Corporation is run solely by and for representatives of private businesses who have successfully lobbied for it to be left in the 19th century. It gets away with it because its resident population is negligible and its population of huge corporations is enormous. But a lot of London's dodginess doesn't even take place in the City - a lot of it is in the Docklands, in an area run by a very much "normal" council.

    • @kiwitrainguy
      @kiwitrainguy Рік тому

      I've heard that the British Monarch has to ask permission to enter The City of London. Also in The City of London they refer to William Duke of Normandy by that title, they don't call him William The Conquerer as he never conquered The City of London.

  • @CarlinConnolly
    @CarlinConnolly 2 роки тому +13

    If you wondered why British banks wanted us out of the EU then watch this video and you'll have a pretty good idea!

  • @landsea7332
    @landsea7332 2 роки тому +37

    In 2020 , the Barbados transitioned from being a Constitutional Monarchy to a Republic - because it wanted to shed its colonial roots . However , its quite interesting that the Barbados has no problem retaining its offshore banking system
    holding billions in British pounds and billions in other currencies .

    • @photoisca7386
      @photoisca7386 2 роки тому

      Barbados has merely transitioned from a Constitutional Monarchy to a Chinese Dictatorship. Corrupt politicians taking Pekin's shilling. Jamaica next and so on. The good days will last about as long as a Chinese-built road or Condominium.

    • @delharry4392
      @delharry4392 2 роки тому +2

      Who do you think still benefit from this ,
      Silly thing to say , what the local bajan or foreign own Corporations
      Silly nonsense

    • @alfredroyal3473
      @alfredroyal3473 Рік тому +1

      Without asking their people if they wanted rid of the monarchy

  • @jerryware1970
    @jerryware1970 2 роки тому +29

    Central banking coordinates creating economic bubbles then popping them at an opportune time. Through their policies wealth and political power are redistributed and concentrated.

    • @jansegal6687
      @jansegal6687 2 роки тому +1

      so does the climate change scheme

  • @uselessinventor4030
    @uselessinventor4030 2 роки тому +5

    It's so obvious yet so unknown. I wish more people knew about this.

  • @marygarrapa3537
    @marygarrapa3537 2 роки тому +65

    Thank you for a very thoroughly researched and enlightening video. What a pity these things didn't come to light much earlier. Far more difficult to reverse things now.

    • @DeMarrJames
      @DeMarrJames 2 роки тому +3

      "*impossible to reverse things now."

    • @stanrothfuss2737
      @stanrothfuss2737 2 роки тому +1

      Really ironic how they count private African money as public money that should just be confiscated and given all the payoff African debt. To add even more insult to their audience thinking they're a bunch of idiots. In one sentence they say that the African nations added after this banking system is set up. Totally ignoring the fact that the African nations were poorly run, corrupt and ran up their own debt. I'm not saying the banking system isn't wrong but don't just b******* us and think we are just another set of rubes just like the banking system has treated us.
      People in charge African countries if you don't do business with them you don't get the business and believe me China and Russia has no problem paying them off.
      Everybody says we shouldn't do nation building. Then want to get involved in changing after up country or somebody with different values to our standards. Are concerning another country is not change them but what benefit do we have in doing in doing business with them. That also includes what does the working class step have to mean from doing business with these countries and it's just cheap labor it's to the destruction of established Western cultures to do business with these countries. I covered a lot of points probably seem to conflict under the established that I don't just support big business to the destruction of its own people. I just don't believe in moralizing all other countries to our standards. That is for their people not us.

    • @tensevo
      @tensevo 2 роки тому +1

      I like how they put the scanlines and audio filters on so that you know when a "bad guy" is speaking.

    • @marygarrapa3537
      @marygarrapa3537 Рік тому

      @Justin Mccarthy I'd like to think that you are being ironic. Do you know much about secret societies? Are they always for the benefit of the community or just their own members?

    • @saraswatkin9226
      @saraswatkin9226 Рік тому

      @@DeMarrJames A British Republic is not impossible. The counteries looting is done by 1% Elite from 99% of the public to keep them harnessed in lifelong poverty.

  • @ThisFinalHandle
    @ThisFinalHandle 2 роки тому +33

    That Jersey stuff is right out of Hot Fuzz.

    • @andrewgordon235
      @andrewgordon235 2 роки тому

      You know everybody and their moms is packing in the country.

    • @bobbowie5334
      @bobbowie5334 2 роки тому +1

      Tell me that the police chief there isn't going to retire with a chalet in Switzerland on his $55,000 dollar a year salary.

  • @mhow4967
    @mhow4967 2 роки тому +19

    I waked up and depressed after I watched this video.
    Thank you 💞 anyway because our future generations will have a better understanding of the world.

    • @AmianteTarvoke
      @AmianteTarvoke 2 роки тому +1

      You're right, it only got this bad because people chose comfortable ignorance rather than fight for justice.

  • @darwincity
    @darwincity 2 роки тому +11

    Quite thorough and enjoyable for the duration, but if you want a longer version of that same story, "The Mayfair Set" by Adam Curtis is a strong contender.

    • @cricketman1322
      @cricketman1322 2 роки тому

      Yes that was a great documentary series!

    • @cricketman1322
      @cricketman1322 2 роки тому

      David Sterling, Jim Slater, James Goldsmith and Tiny Rowland!

    • @KINGCABA-if4nk
      @KINGCABA-if4nk 2 роки тому

      Thanks planning to watch it

  • @NickMusselle
    @NickMusselle 4 роки тому +63

    Can people please try and get this into the public domain beyond youtube, ie. real-tv documentary, but also publicise it. i am not sure how to do it. thank you

    • @swunt10
      @swunt10 4 роки тому +4

      I've seen it on amazon prime video a day ago^^

    • @helenhood69
      @helenhood69 4 роки тому +3

      Share on Facebook....😅😅😅

    • @budte
      @budte 4 роки тому +1

      @@helenhood69 Yes, but if it disappears from here, it disappears from Facebook also.

    • @giovannimichaellucaterrano2345
      @giovannimichaellucaterrano2345 3 роки тому

      I would also like to get it into the public domain that this was a self published/funded video posted almost a year before and this is blatant plaguerism.

    • @endthe.1245
      @endthe.1245 2 роки тому

      These people run the world which means easily the media and the school systems and that’s why people don’t know

  • @skalet66a
    @skalet66a 2 роки тому +51

    This is the main reason for the super rich to bring Brexit about. The EU was about to close the money laundering (corrected) in the off-shore dependencies, or at least make it harder.

    • @moneyobsessed
      @moneyobsessed 2 роки тому +5

      bingo bingo bingo

    • @cookiekaramello7498
      @cookiekaramello7498 2 роки тому +10

      You think the super rich wanted Brexit? LOL. The indoctrination is strong in this one.

    • @ccahill2322
      @ccahill2322 2 роки тому +1

      SH Possibilia, Would you like to buy London Bridge?

    • @skalet66a
      @skalet66a 2 роки тому +1

      @@cookiekaramello7498 I don't "think so". I know.

    • @cookiekaramello7498
      @cookiekaramello7498 2 роки тому

      @@skalet66a lol. Yeah, the super rich HATE the free flow of capital and labor. They just hate it. Give your head a shake.

  • @battambangscooterandmotorc460
    @battambangscooterandmotorc460 Рік тому +1

    Fantastic! Incredibly insightful

  • @mandelbro777
    @mandelbro777 2 роки тому +53

    *Transparency* . . . the only word which actually gives elite accountants, bankers, white-shoe lawyers, bureaucrats, politicians, and offshore trust beneficiaries, sleepless nights.
    Great doco. Treasure Islands by Shaxson was a great book, a recommended read.

    • @lours6993
      @lours6993 7 місяців тому

      Hence, Brexit in the face of EU financial transparency directives.

  • @AlexandraNMorgan
    @AlexandraNMorgan 3 роки тому +17

    Great documentary, thank you!

  • @nelsongonzalez4533
    @nelsongonzalez4533 3 роки тому +4

    Insightful and shocking.

  • @hojoinhisarcher
    @hojoinhisarcher 2 роки тому +2

    Enlightening. You guys are getting to It. Thanks.

  • @joetkeshub
    @joetkeshub 2 роки тому +2

    Instructive. Thank you very much.

  • @pmclean1980
    @pmclean1980 2 роки тому +9

    Excellent video. Outstanding reporting! Thank you for telling the truth. This should be shown in schools. Things have to change, our society is not sustainable.

  • @SecondTake123
    @SecondTake123 4 роки тому +53

    I saw another documentary about the City of London a few years ago and was fascinated!

    • @johannsteve
      @johannsteve 4 роки тому +3

      Would you be able to named the referenced documentary for the record?

    • @bicyclemanNL
      @bicyclemanNL 3 роки тому +5

      Secret City?

    • @SeasiderPhil
      @SeasiderPhil 3 роки тому +2

      From what era???

    • @celestinekhasatsili9814
      @celestinekhasatsili9814 3 роки тому +3

      London is different from The City of London

    • @jamesunsworth6865
      @jamesunsworth6865 2 роки тому +3

      All of the financial cheats, and thieves , it will not matter, when the world is 10 metres underwater, due to inaction over climate change.😡😢greed will ultimately destroy civilisation.

  • @Justme-to6yu
    @Justme-to6yu 2 роки тому +16

    The problem with bcci was that they had to allow their high priority entities time to extract their money before common people in expense of the common people. These high priority entities include powerful people and people who are dangerous. The head of bank of England would have a target on his head if he did the “right” thing.

    • @robbrown4621
      @robbrown4621 2 роки тому +3

      There truly is a world order and we are not in it. So, we root for football teams and wave our national flags...

  • @robertmiller2173
    @robertmiller2173 Рік тому +2

    Excellent program, well worth watching.

  • @denziljoe
    @denziljoe 2 роки тому +15

    I'm convinced that the real motivation for Brexit is to maintain this situation and protect the tax evasion opportunities for the elites

    • @jackmcnally9237
      @jackmcnally9237 2 роки тому +1

      The E U were to address this financial skulduggery and close it down. Our " elites " weren't having it !

    • @eduardtarniceriu102
      @eduardtarniceriu102 Рік тому

      Exactly

  • @predamihailescu6820
    @predamihailescu6820 2 роки тому +5

    The disaster is that such films prepare the end of the second empire, but at the same time prepare the next one, since unless the crack goes to the root, they are already producing the next model to keep their control.

    • @taf4939
      @taf4939 2 роки тому

      No this is just historical the British empire ended in the 60s. The American empire on the other end is nearing its demise

  • @ravipeiris4388
    @ravipeiris4388 2 роки тому +7

    It's important that brits learn this history.

  • @leonw1710
    @leonw1710 2 роки тому +7

    Until this problem is removed, the world will only become a harder place to live in for the average worker. Such a shame we live under the feet of economic mobsters.

  • @kabiam
    @kabiam 3 роки тому +19

    Where do I apply for my Errors and Omissions.

  • @j.s511
    @j.s511 4 роки тому +21

    You forgot Australia where's our gold in their vault

  • @TheNatty88
    @TheNatty88 3 роки тому +69

    Great, if slightly depressing documentary, thank you for sharing! It goes a long way to explaining Brexit and the extent the establishment has gone to attack and discredit Jeremy Corbyn.

    • @TheMindOrchestra
      @TheMindOrchestra 3 роки тому +7

      absolutely !...... the whole reason they supported brexit and tried to make it out to be for the working mans benefit.

    • @moneymayhem2000
      @moneymayhem2000 3 роки тому +6

      Corbyn's an idiot though

    • @doctorcrichton
      @doctorcrichton 3 роки тому +8

      Nah He did that himself with a total misunderstanding of basic domestic and global economics.

    • @doctorcrichton
      @doctorcrichton 3 роки тому +2

      @@TheMindOrchestra Rubbish. Not the whole reason at all. No conspiracy here my frieind.

    • @TheMindOrchestra
      @TheMindOrchestra 3 роки тому +5

      @@doctorcrichton well as an expression it signifies a major contributing factor or one of significance . I don’t remember mentioning or utilising the word conspiracy. Conspiracy kind of implies a secret that’s been outed and discovered , I don’t think these people made any attempt to hide their motivations or intentions way too arrogant for that. If you think there is no correlation between the content of this documentary , the political and power broking class of the country and Brexit then I quote your use of the word rubbish straight back at you hence.

  • @CoreyChambersLA
    @CoreyChambersLA 2 роки тому +3

    Sounds like Jersey has a bit of a corruption problem. They had better correct that if they want a brighter future.

  • @j0nnyism
    @j0nnyism 2 роки тому +5

    London is still the centre of the worlds financial system. These historical stories affect the world to this day

  • @rondiebold2474
    @rondiebold2474 3 роки тому +5

    Impressive!!

  • @ubda1
    @ubda1 2 роки тому +9

    I cant watch this, it always brings me down :-(. And, we cant do anything about it. Its the perfect crime, that hurst so many people 😢

  • @elaineburnett5230
    @elaineburnett5230 3 роки тому +10

    Yikes. I worked in Chase Manhattan Bank, the Southeast Asia Zone during the sixties!

    • @SKBhunia
      @SKBhunia 3 роки тому

      Details please. Thanks.

  • @musicmania1959
    @musicmania1959 2 роки тому +7

    The US did not join because they had a broader interest in the area. It centered around oil, Israel and shifting finance domination to New York.

  • @blackfreud9048
    @blackfreud9048 2 роки тому +17

    Now I understand the meaning to the Beatles song "Taxman."

    • @PNETriffid
      @PNETriffid 2 роки тому

      Pity Ringo doesn't, he's got millions tucked away in overseas tax havens. Mind you George wrote the song.

  • @oldmikie
    @oldmikie 4 роки тому +1

    Nice work

  • @fffradioalcatrazjohntrudel1889
    @fffradioalcatrazjohntrudel1889 4 роки тому

    Excellent info

  • @johndoe-ss9bz
    @johndoe-ss9bz 2 роки тому +6

    That is like saying if All Crooked Politicans were Jailed there could be no Government.

  • @paulmakinson1965
    @paulmakinson1965 2 роки тому +6

    Secrecy breeds corruption.

  • @jpp9876
    @jpp9876 3 роки тому +61

    One of the sad consequences of banking accounts that are able to hide account owners is it becomes a vehicle for politicians on the take to hide illicit monies they get. This especially hurts poor and developing countries because it takes money out of their economies.

    • @TheNonplayer
      @TheNonplayer 2 роки тому +5

      it doesn't just take money from poor countries, it takes money where ever it can be found
      ...think your pension is safe? ...lol

    • @cookiekaramello7498
      @cookiekaramello7498 2 роки тому

      How do bank accounts take money from the poor? LOL. One of the biggest issues with the poor in America is economic illiteracy. You see "check cash" places throughout every ghetto. Those places "take your money".

    • @tensevo
      @tensevo 2 роки тому

      I think you are missing a part of the puzzle. That is, the solution they are angling for, is a more totalitarian centrally planned government, which they promise to end corruption, but if we know anything from history, all you are doing is shifting the problem of who controls the money and power.

    • @angelacamargo4309
      @angelacamargo4309 Рік тому

      @@cookiekaramello7498 u are the illiterate, a lot of corrupted politicians, mafia and terrorist take money from poor countries to store it in the no-taxes paradises, so of course this money could not be reached by poor people in any way. Also, money politicians stole from these countries that were for basic infrastructure or education or public health, it directly affects development of this population and keeps them in the abyss where u don’t live.

    • @programmingwithsunny6121
      @programmingwithsunny6121 7 місяців тому

      ​@@cookiekaramello7498shouldn't have skipped the parts of video

  • @flybobbie1449
    @flybobbie1449 3 роки тому +15

    Go Monaco street view at the harbour. All the yachts are flying British ensign.

  • @thepanel2935
    @thepanel2935 3 роки тому +16

    It's a bit like a large company getting a smaller/distant subsidiary company at arms-length to do the dirty work or the controversial stuff.

    • @ewalker1057
      @ewalker1057 2 роки тому +1

      The large company being the government that needs funds for its wars.

  • @Bigglesworthicus
    @Bigglesworthicus 3 роки тому +5

    If you want to know more on this, read The City by Tony Norfield.

  • @davidthomas1070
    @davidthomas1070 2 роки тому +1

    I was still in high school when the whole BCCI scandal hit. Looking back, that set up reminded me of SD-6, in JJ Abrams' Alias.

  • @joshbeaulieu7408
    @joshbeaulieu7408 2 роки тому +3

    I love how the older fellow (economist? Lawyer? Both?) used characters from south park in his presentation 🤣😂🤣😂🤣😂 19:01

  • @timoglock07
    @timoglock07 4 роки тому +5

    A true eye opener

    • @tag1343
      @tag1343 3 роки тому

      If you wish to know more about the ugly truth of WW2 then watch this:
      altcensored.com/watch?v=OfdOCGsbQVw

  • @saltydunmer3453
    @saltydunmer3453 2 роки тому +3

    People talking about tax evasion, as if it was something evil. It is literally the ultimate deed of any hero.

    • @saltydunmer3453
      @saltydunmer3453 2 роки тому

      @Tom Smith Now imagine you being low-income and not having to give half of your salary under threat of violence by the state, to a bunch of war mongering champagner socialists. Taxation kills low-income people, you genius.

  • @ChristopherPisz
    @ChristopherPisz Рік тому

    I love the music at the first minute of this video. I'd be interested in getting the full track by itself.

  • @geoffreyreeks2422
    @geoffreyreeks2422 2 роки тому

    Thank you.
    Regards,
    Geoff. Reeks

  • @rozniyusof2859
    @rozniyusof2859 4 роки тому +150

    "You will never find a more wretched hive of scum and villainy."

    • @thetessellater9163
      @thetessellater9163 4 роки тому +16

      How about 'Islamic State' ?

    • @StevieK14
      @StevieK14 4 роки тому +6

      "We must be cautious"

    • @paulgreen2416
      @paulgreen2416 3 роки тому +10

      Wretched hive of scum and villainy. Sounds like the Houses of Parliament.

    • @paulgreen2416
      @paulgreen2416 3 роки тому +6

      @@johnbinnie5697 what are you on about? Have you read the Quran? It's full of hatred towards non Muslims and orders Muslims to violently subjugate and/or kill all those who reject the Quran. FYI I have read the Quran before you ask.

    • @blindspotclinic
      @blindspotclinic 3 роки тому +4

      Where Brittain goes, goes the world.

  • @johnchuttlesworth6419
    @johnchuttlesworth6419 2 роки тому +165

    three sovereign city states: vatican city, london city, and....dc

    • @eddiewallace3362
      @eddiewallace3362 2 роки тому +18

      A lot of people seems to dismiss the connection.

    • @T.v.d.V
      @T.v.d.V 2 роки тому +11

      And the world is doing great.
      Imagine how many wars and destruction would ravage rhe earth.
      But the three crowns out of law have saved us untill now.

    • @RM3MB3R
      @RM3MB3R 2 роки тому +6

      @@T.v.d.V the three crowns out of law? What does that mean, please?

    • @Cunning.Stunt7
      @Cunning.Stunt7 2 роки тому +30

      @@T.v.d.V Those three sovereign cities keep the 1% extra rich. They have their own laws, banks, police force! Just to name the obvious few.
      It's absurd you believe its for our own good frankly!

    • @TheRatlord74
      @TheRatlord74 2 роки тому +3

      Isn't the Kremlin the same?

  • @pimpinaintdeadho
    @pimpinaintdeadho 2 роки тому +2

    *Love it* 👍

  • @TheToltec
    @TheToltec 2 роки тому

    Great video

  • @renzob.4501
    @renzob.4501 Рік тому +7

    The United States became the new Switzerland thru the use of each state having its own trust laws which is why the Wyoming and Delaware, Massachusetts and New Mexico or among the favorites. Fun fact the private trust is considered offshore. There also is an island I forget the name but you gotta have an registered office physically there to bring a legal action against a trust domiciled there

  • @scotlandstonic8757
    @scotlandstonic8757 3 роки тому +19

    Last person to enter The Palace of Westminster with good intentions was Guy Fawkes

  • @moonpeach4684
    @moonpeach4684 2 роки тому

    Good work....p2 p3 .....continue👍

  • @josephshattuck5210
    @josephshattuck5210 3 роки тому +1

    I love all your content

    • @tag1343
      @tag1343 3 роки тому

      If you wish to know more about the ugly truth of WW2 then watch this:
      altcensored.com/watch?v=OfdOCGsbQVw

  • @shesaknitter
    @shesaknitter 2 роки тому +3

    Excellent documentary about the New Imperialism which is not that different from the Old Imperialism.

  • @HMJM9
    @HMJM9 4 роки тому +19

    I can't believe that all this happens in the Country which I have been told is the ancient democracy and the most civilised Nation of the World. This system is destroying not only Africa and the so called less developed countries, it is also disintegrating England.

    • @courtneywalcott513
      @courtneywalcott513 3 роки тому

      You are right

    • @sands7779
      @sands7779 Рік тому

      Successive UK governments and lobbyists have decided to prioritise financial services over all other sectors including industry.

  • @jenmb2679
    @jenmb2679 2 роки тому +1

    Very interesting.never heard that about London

  • @bravosierra2447
    @bravosierra2447 2 роки тому +2

    The sad fact is that society is too apathetic towards this kind of disclosure.

  • @cetGT3
    @cetGT3 4 роки тому +4

    1:07:35 i thought it was quite some what a scene from the "Eyes wide shut"

  • @lolbored801
    @lolbored801 2 роки тому +4

    Money is power and power is everything. It always has been and always will be.

  • @TenggisKhan
    @TenggisKhan Рік тому

    fantastic doc

  • @SportsIncorporated
    @SportsIncorporated 2 роки тому

    Thanks!

  • @hehno1
    @hehno1 2 роки тому +7

    "Setting spider webs", in other words stealing other countries' resources

    • @leonhenry4861
      @leonhenry4861 2 роки тому

      You mean they’re doing what they’ve always done.

    • @councilestateproduct
      @councilestateproduct 2 роки тому

      The original title of this vid was *the spiders web* or similar when i first watched this documentary a year or two ago. Not sure why it was changed.

  • @burneggroll
    @burneggroll 2 роки тому +7

    When was this made? (released 2019?) Closing credits say based on the film "Treasure Islands" by Nichlas Shaxson. As far as I can tell, that film was never been released to the general public. The eponymous book was published 2011.

    • @markgolding71
      @markgolding71 Рік тому

      The general public only gets to see heavily sanitised stuff. 🙂

  • @uzzyonline
    @uzzyonline Рік тому

    My favorite documentary.

  • @miklmiklmtrcycl6009
    @miklmiklmtrcycl6009 2 роки тому +2

    My mind, blown!