“We are not so interested in celebrating the demise of tax havens as we are in drawing the appropriate lessons from this event. The first lesson we can draw is that the world is a lot more coordinated than is ordinarily admitted. How is it possible that countries around the world have come up with the same legislation at the same time focused on destroying offshore banking once and for all? The idea of one coordinated world has long been scoffed at as a kind of conspiracy theory. But these days, conspiracy theory seems to be chasing actual facts. The facts – in fact – are not in doubt. Post-Cyprus is surely a different era.”
http://www.thedailybell.com/29061/A-Modest-Monetary-Proposal
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