Thousands of offshore companies with UK property still not stating real owners
https://www.theguardian.com/uk-news/2023/jan/30/offshore-companies-with-uk-property-not-stating-beneficial-owners?CMP=Share_AndroidApp_Other
The financial architecture for global aid needs an urgent overhaul
The financial architecture for global aid needs an urgent overhaul – https://on.ft.com/3IlUSmL via @FT
Pension Funds in Historic Surplus Eye $1 Trillion of Bond-Buying
An important insight into the correlation of interest rates and pension fund deficits. The Powell Tightening as completely reversed pension deficits and created bond buying demand at warp speed. Find full article here
UK admits it has no idea how much tax is being evaded through offshore assets
People in the UK are struggling, yet the UK blindly ignores the vast tax avoidance happening under their nose. If the UK doesn’t know how much their own tax havens rob from the national treasury, imagine the rest of the world
College graduates are dramatically overestimating the salaries
New students in for a shock and further debt problems. Responsible debt use requires accurate expectations of income. #StudentDebt #studentloans #collegestudents #personalfinance. https://www.cnbc.com/2022/04/29/study-says-college-graduates-overestimate-starting-salaries-by-50000.html
Sanctions are neither new nor guaranteed to work – just look at Cuba
https://www.theguardian.com/business/2022/mar/01/sanctions-are-neither-new-nor-guaranteed-to-be-effective-just-look-at-cuba?CMP=Share_AndroidApp_Other
How can the retirement system help more people afford retirement?
https://www.brookings.edu/blog/up-front/2021/08/03/how-can-the-retirement-system-help-more-people-afford-retirement/?utm_campaign=Economic%20Studies&utm_medium=email&utm_content=146193414&utm_source=hs_email
Lord of the Roths: How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank — ProPublica
When the wealthy use legal means to avoid taxes via massive loopholes, do we blame the wealthy or those in charge who choose to permt the loopholes to continue https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank
BBC News: ‘I never dreamed I was entitled to benefits’
BBC News – ‘I never dreamed I was entitled to benefits’ https://www.bbc.co.uk/news/business-57484790
NYTimes: Stimulus Checks Substantially Reduced Hardship, Study Shows
Stimulus Checks Substantially Reduced Hardship, Study Shows https://nyti.ms/3yW8nSX