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Scott's Book Review

Moneyland

Moneyland

Oliver Bullough

Egghead Choice - Crack open for a hard boiled think

Bullough traces the ways in which, over the last three decades, a criminal class of politicians and ‘businessmen’ have been able to move their stolen fortunes around the world, by ‘offshoring’ and shell companies, and have seen those fortunes settle in the places that have the highest-paid lawyers and accountants. Some economists estimate the amount of money secreted in this way at £15 TRILLION. None of that money is available for national or local government spending in the countries where it was generated. Bullough describes the new world in which the get-rich-quick bankers and kleptocrats exist as ‘Moneyland’.