Things Just Got Serious in Europe’s War on Cash
Latest salvo on cash: European Commission explores setting a maximum limit on cash transactions, to apply cross-regionally from 2018.
Read more...Category Archives: Garrulous insolence
The Global War on Cash – India’s Demonetization Debacle
India’s demonetization debacle has destroyed growth in what was the world’s fastest growing economy while failing to ferret out black money.
Read more...The Global War on Cash – Lessons from History
Introduction Regular readers will be fully up to speed on the Reserve Bank of India’s botched attempt at a handbrake turn style demonetisation thanks to Jerri-Lynn Scofield’s thorough coverage (see here, here and here for more background on this sorry tale). But the Indian government’s attempt at implementing a strategy of moving an economy away from physical cash […]
Read more...GT Group’s Protean Ian Taylor in the UK: Reuters’ Special Report on 43 Bedford Street, and More
An ignominious decade of UK company registration, illustrated by UK companies formed by Ian Taylor, an old friend from New Zealand
Read more...Japan Isn’t Playing Neoliberalism’s Word Games
Has the progressive left in western democracies forgotten how to embrace the mainstream? When I compare the approach which anti-neoliberal causes take in the U.S. and Europe with the approach taken by the same causes in Asian countries, especially Japan, I can only say yes, it has. One explanation for how pro-labor movements have been […]
Read more...Is Fiscal Policy for Prosperity Back in Place of Austerity?
Austerity appears to be quietly going out of fashion.
Read more...Deutsche Bank and a $10Bn Money Laundering Nightmare: More Context Than You Can Shake a Stick at
Deutsche Bank’s $10Bn: the shell company back story
Read more...Bill Black: Thomas Friedman Wants A “Center-Left” Democratic Party Based on Austrian Economic Myths
Thomas Friedman has managed to outdo himself on the downside.
Read more...Brexit Risk and Nigel Farage: We Know Where His Mouth is (“England”), But is His Money Offshore?
Is Nigel Farage’s wealth offshore? Is that why he’s so calm about Brexit?
Read more...New Zealand: Kea Street Cred and US$1Bn Promise Lures Kiwi to Front Very Peculiar Financial Service Providers
Another duo of wildly offbeat New Zealand Financial Services Providers
Read more...New Zealand: Icon Sachs (Whatever That is), Fennas Finance, a Bank Account at an ANZ Napier Branch, a Conspiracy Theorist And a Ponzi Scheme
Yet more strange sightings in the New Zealand Register of Companies
Read more...New Zealand: the World’s Tiniest Stock Exchange, ‘a Big Ponzi Scheme’, and Other Crazy Tales From John Key’s Financial Services Hub
New Zealand’s Offshore Financial Services Providers: a new sampling of strange creatures
Read more...Ian Fraser: Just How Corrupt is The UK?
Never mind the “fantastically corrupt” Afghanistan and Nigeria. What about the UK?
Read more...#panamapapers: Questioning the Picture Painted in the WSJ’s Interview With Jürgen Mossack
A sceptical look at Jürgen Mossack’s WSJ interview
Read more...New Zealand’s FMA, the Breder Suasso Conundrum, Mossack Fonseca, and #panamapapers
A quick look at Breder Suasso, a New Zealand FSP with historic links to disreputable Panamanian law firm Mossack Fonseca
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