Screenshot by Dandelion Salad via Flickr
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by Michael Hudson
Writer, Dandelion Salad
September 23, 2018
“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.”
Michael Hudson – Interview from The Spider’s Web Documentary
Independent POV on Sep 11, 2018
Cutting Room Floor
The Origins of Offshore (The Spider’s Web deleted scene)
Independent POV on Oct 7, 2017
Deleted scene from The Spider’s Web documentary. Michael Hudson explains the origins of offshore.
The Sandstorm Report (The Spider’s Web documentary deleted scene)
Independent POV on Oct 7, 2017
Deleted scene from The Spider’s Web documentary. Prem Sikka’s court case for the release of the Sandstorm Report. The Sandstorm report was the name of the secret report submitted on June 22, 1991 by financial consultants Price Waterhouse to the Bank of England, showing that the Bank of Credit and Commerce International (BCCI) had engaged in widespread fraud, and that organizations regarded as terrorist groups had maintained several accounts in BCCI in London, with the apparent knowledge of the British and American intelligence community. Sandstorm was Price Waterhouse’s codename for BCCI. The British government attempted to suppress the release of the Sandstorm Report.
Sandstorm Report is available here: http://visar.csustan.edu/aaba/BCCISandstormRelease.html
Rest of bonus material is uploaded here: http://hushhushvideo.com/blog/the-spiders-web-bonus-material
The Film
The Spider’s Web: Britain’s Second Empire (Documentary)
Independent POV on Sep 14, 2018
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.
Sponsor the next film on Patreon: https://www.patreon.com/independentdocumentary
[…]
Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of …and forgive them their debts, J is for Junk Economics (2017), Killing the Host (2015), The Bubble and Beyond (2012), Super Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy (1992 & 2009) and of The Myth of Aid (1971), amongst many others. He can be reached via his website Michael Hudson, mh@michael-hudson.com.
from the archives:
When And How The Economy Will Collapse Is Now In The Hands Of Central Bankers by Ellen Brown
Michael Hudson: Jesus Would Have Cancelled The Debt But Obama Bailed Out Wall Street
Meet the One Percent: Peter Phillips’ Giants: The Global Power Elite by Marc Eliot Stein
Chris Hedges and Nomi Prins: How Central Bankers Rigged the World
We Now Live Under The Rule Of A Rentier Capitalism by Paul Street
The Life and Times of Michael Hudson: From Trotsky’s Godson to Modern Monetary Theory
The Rich Are Only Rich If We Let Them Be by Dariel Garner
Chris Hedges and David Harvey: Enough is Enough of This Capitalist Fraud
“Creating Wealth” through Debt: The West’s Finance-Capitalist Road by Michael Hudson
Mystery: How Wealth Creates Poverty in the World by Michael Parenti
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It is encouraging to see “The Spider’s Web: Britain’s Second Empire” go viral on the internet. Even though production costs were very low and crowd-sourced, Michael Oswald’s brilliant expose of off-shore tax evasion widely practiced by the world’s wealthiest should rightly earn an Academy Award. People might consider sharing the film with their family, friends, associates, email contacts … and simply everywhere.
Thank you, Jerry. I so agree, more people need to be informed about this important issue. I’m angry after watching it. Hope others get angry, too.