Military Review

Offshore - the end of an era

Offshore - the end of an eraThe golden age of offshore, if not coming to an end, then at least loses a fair amount of brilliance. Following the collapse of Cyprus, which was largely staged in Brussels and Berlin, problems arose from a long line of other offshore jurisdictions. The International Consortium of Investigative Journalists (ICIJ) announced that it has access to 120 registration data of thousands of offshore companies. Most of them are registered in the British Virgin Islands (BVI / BVI), but the inhabitants of the New Zealand Cook Islands, Hong Kong, Singapore, the Neighborhood BVI neighbor in the Caribbean Nevis and others are also on the list. In total, ICIJ managed to get a quarter of the data on residents of the British Virgin Islands. Globally, 10% of offshore companies suffered.

This is really serious. At the BVI, approximately 40% of offshore companies in the world, this is the largest offshore in which about one million companies have been registered since its inception at 1984 (in Russia this jurisdiction takes the second place after Cyprus). At the same time, unlike many others, he enjoyed the reputation of being absolutely reliable - information about his residents almost never surfaced in the press. However, it is now shown that absolute secrecy is impossible even in the “ideal” case of the BVI.

So far, the attention of the press has been riveted mainly to the revelations of offshore connections by famous politicians. The lists included French President Francois Hollande (ex-treasurer of the Socialist Party who was involved in electing the current owner of the Elysée Palace, was the owner and active “user” of two companies in the Cayman Islands), two daughters of Ilham Aliyev, Georgian Prime Minister Bidzina Ivanishvili, former Prime Minister Malaysian Mahathir Mohammed and dozens of less powerful figures. The largest domestic figures drawn into the offshore scandal were two top managers of Gazprom (deputy chairman of the board Valery Golubev and general director of the construction division of the company Boris Paikin; the organization is building, among other things, Olympic facilities in Sochi), the former director of the state Obronprom Andrei Reus, son of his former head Viktor Khristenko, ex-president of Rostelecom Alexander Provotorov, senator Vadim Moshkovich, who controls Rusagro, brother of senator Mikhail Margelov Vladimir Margelov (policies included in the supervisory board "Defense Systems" - manufacturer of air defense systems). The owner of offshore companies was First Deputy Prime Minister Igor Shuvalov; however, it became known earlier about the offshore activities of the Shuvalovs family.

Nevertheless, the main purpose of the campaign to discredit offshore companies is not to expose the financial tricks of officials and politicians. Actual rates are significantly higher.

According to some estimates, only individuals keep $ 32 trillion offshore, up to 10 million people use offshore services. Meanwhile, $ 32 trillion. - These are two gross domestic product of the United States. However, all private savings, obviously, cannot be compared with the scale of damage that the use of offshore companies by large and largely medium-sized businesses causes to the global financial system.

Let's see what is the "wrong side" of the modern economy. The attachment of domestic business with offshore jurisdictions is well known and has become commonplace. She really is great. For years, offshore accounts for about 70% of foreign direct investment and about the same percentage of foreign borrowed funds in the Russian economy (in a fair number of cases we are talking about “loans” of companies to themselves). Quite a lot has been written about the “national” ownership of the largest Russian raw materials and steel companies. It is less known that the average resident of Russia encounters offshore residents almost every hour. Thus, trading networks are almost entirely owned by offshore companies. “The Seventh Continent” “Cyprus” on 74,8% “Dixie Group” - on 51%, “Victoria” - on 63,4%. “Kopeyka” is roughly divided in half between Cyprus and the notorious BVI. Having bought a newspaper where the “offshore aristocracy” is incomparably exposed, you risk to finance the offshore. So, Dmitry Ananiev, a senator, a billionaire and co-owner (along with a brother) known for his anti-oligarchic pathos “Arguments and Facts”, was listed in the ICIJ.

Such a situation is usually inclined to be considered as “national exoticism,” but this is not quite the case. The peculiarity of the Russian economy is the massive expropriation of asset ownership rights abroad, which really makes it unique in many respects, however, offshore tax optimization schemes are common everywhere. This is a gigantic industry: the Russian Ministry of Finance takes into account 47 low-tax jurisdictions; Deutsche Bank and the largest French bank Credit Agricole provided assistance to the “optimizers”. Damage to the global financial system, caused only by legal options of offshore schemes, is estimated at $ 1,7 trillion per year (OECD data). Accounting for illegal cash flow increases this amount to $ 11,5 trillion, which is comparable to US GDP. At the same time, this is by no means exclusively about the third world countries - on the contrary, the bulk of offshore money is of completely Western origin.

According to experts, only legal schemes cost the US budget $ 190 billion to “zero”. If the standard proportion of legal and illegal operations is observed for the United States, then in general we are talking about trillions of sums. Large and largely medium-sized American businesses practice the most extensive tax optimization with the help of offshore schemes and more. As a result, at a nominal corporate income tax rate of 35%, this leads to the fact that, say, in 2008-2010 for 280 of the largest US companies, the effective tax rate was 18,5%. Specific examples of corporate offshore "creative" make an extremely strong impression.

So, Emerson Electric Co is one of the largest US corporations, entering the top 500 in terms of net profit (an average of about $ 2 billion per year.). In 2012, the company had $ 2 billion in cash in its accounts. However, in order to pay taxes to the government, the company had to borrow from ... the government. The reason is simple - almost all Emerson funds were abroad, despite the fact that the company receives 41% profit in the United States. This seemingly semi-fantastic at first glance situation is quite typical - corporations increase their debts, having enough money in their bills abroad, however, the hand does not rise to return money to the States and pay corporate tax at the standard rate. So, Illinois Tool Works Inc. in September, 2012 had $ 2,1 billion in cash — anywhere, but not in the US, despite the fact that it received 40% profit. The well-known Johnson & Johnson, at the end of 2011, kept $ 24,5 billion in foreign banks, while 54% of this amount was earned in the States. High-tech companies are particularly notable (“Apple”, “Google”, “Microsoft”, “Yahoo”, etc.). The effective tax rate on income from “advanced” corporations is consistently below 10%. “Apple” in 2011 paid US taxes at 9,8%. Last year, the company paid only 1,9% of the profit from operations abroad. At the same time, only in the fourth quarter of 2012, $ 11 billion was withdrawn to offshore.

In this case, we are often talking about astronomical sums. Apple accounts brighten $ 100 billion (profits - $ 45 billion), Google owned $ 44 billion at the end of last year. By a strange coincidence, the scale of damage caused by Apple to the US budget is estimated at $ 94 billion.

However, everything and everyone fades against the background of General Electric. The tradition of tax optimization in a company has an old and respectable history, and the heights of skill achieved over the years, can not fail to impress. In 1980's, the virtuoso optimism of the “electricians” was one of the significant factors that provoked tax legislation reforms. Some time after that, the company meekly paid 32,5%, but already in 2001, the effective corporate tax rate was 11,3%, and in recent years, the company, according to experts, does not pay taxes in principle. Instead, General Electric pays the state - the company unsuccessfully receives subsidies. Making money on the US market for 45% profit, the corporation keeps 2 / 3 of its money ($ 85 billion in 2012) abroad.

Let's go over the ocean and look at “socialist” Sweden and the familiar IKEA. The official legend of the company is modesty, thrift and almost starving top management. The salary of a company director is about $ 1 million per year, which, by the standards of a business of this size, is extremely small. The company's founder, Ingvar Kamprad, states that luxury for him - sometimes to buy a good tie, talks about his chair, which turned 32 of the year, flies in economy class and visits cheap restaurants. The unofficial version says that through the system of offshore companies in the BVI, the company's management receives or received bonuses worth about $ 3 billion per year.

The “Swedish” company itself, as it turned out recently, is owned by the Interogo Foundation registered in Liechtenstein. Until recently, it was assumed that its owner is a kind of organization, also founded by Kamprad, and registered in the Netherlands as a charity foundation of the Stichting INGKA Foundation. The official subject of his concern is to encourage innovations in the field of architecture and interior design, to which $ 36 billion was released with a generous hand. However, it is obvious that the founder’s legendary frugality leads to the fact that every year the foundation spends about one-thousandth of its funds for charity in relation to interiors. mainly engaged in investing. In other words, the main money of Kamprad and K is protected from tax claims, firstly, by the relatively liberal Dutch tax regime, and secondly, by the more liberal taxation of charitable organizations. On the accusations of using offshore schemes, the company's management responded that “tax efficiency” is one of the foundations of the IKEA concept.

This is the business of the “original” Europeans. American companies in Europe often behave in the style of General Electric. Thus, the Starbucks coffee shop chain for 15 has earned in England about 3 billion pounds sterling, but only once indicated in its documents the presence of profit. The rest of the time the company declared losses. Apple caused damage to the British budget in 550 million pounds. Facebook in 2011 paid England 238 thousand pounds - less than the average annual income of a British employee of the company, but 440 million “migrated” to the Cayman Islands. Other prominent defendants in European tax scandals are eBay, Google and Amazon.

In other words, the budgets of the Western countries suffer from the most shameless robbery of large corporations, and in zero this practice has acquired absolutely fantastic proportions. As a result, the governments, with the support of public organizations, began a systematic offensive against “tax havens” in the middle of the “zero”, and after the crisis of the 2008, offshore companies began to undergo increasingly massive attacks. The publication of ICIJ data on a coincidence was hardly coincidental during the preparation period for the EU and the USA for the next round of the campaign. Both the European Commission and the Obama administration plan to apply enough draconian measures to the “offshore aristocracy”.

In other words, in the foreseeable future we will probably see a series of scandals and repeated reproduction of the Cyprus script. It should be borne in mind that both the EU and the States actually have quite substantial reserves for overcoming the current budget crisis, and clearly intend to use them to the maximum. As for the domestic business, it should take into account the lesson of Cyprus (the losses there, despite the welfare of most companies, are obviously massive), soberly assess the prospects - and either “deoffshorize” or prepare for losses. On the “tax havens” a typhoon is coming.
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  1. Nevsky
    Nevsky April 16 2013 10: 12 New
    A new world order is being built, some of the tenets of capitalism: the inviolability of private property and banking secrecy, will be reviewed, if not all capitalism itself is a modern model ...
    1. Prokop
      Prokop April 16 2013 10: 52 New
      Quote: Nevsky
      A new world order is being built, some of the tenets of capitalism: the inviolability of private property and banking secrecy, will be reviewed, if not all capitalism itself is a modern model ...

      In the new world order, as the world’s parasitic elite imagines it, such postulates as the inviolability of private property, banking secrecy, and simply personal secrecy and inviolability should disappear as concepts.
      1. Alexander-81
        Alexander-81 April 16 2013 10: 58 New
        the inviolability of private property, bank secrecy, and simply personal secrecy and immunity should disappear as concepts. To be honestly earned, at least let them spin in the ticker laughing
        1. Geisenberg
          Geisenberg April 16 2013 17: 43 New
          Quote: Alexander-81
          the inviolability of private property, bank secrecy, and simply personal secrecy and immunity should disappear as concepts. To be honestly earned, at least let them spin in the ticker laughing

          A man cannot exist without secrets, this is how his psyche works. It doesn’t matter whether honestly earned or not information is not disclosed.

          Purely my opinion, the Russian branch of this journalistic consortium should be urgently invited for a discussion on the topic "Treason, theory, practice, responsibility." And take a written exam at the end. Successful exam - freedom, failure - landing with confiscation.
    2. Nevsky
      Nevsky April 16 2013 11: 21 New
      Find the difference:

      President of Cyprus: All deposits are frozen; during defrosting, they are cut from 30% to 70% depending on the contribution.


      Mavrodi: deposits are frozen during a panic, during defrosting, you can take no more than 50% of the deposit body.

      1. S_mirnov
        S_mirnov April 16 2013 14: 08 New
        I recommend reading an article by Mukhin, where he talks about offshore and their nature. only on the example of the Russian Federation.
        “As a result, certain officials of the USSR and the CIS began to accumulate huge amounts of cash, and the question arose, how to store it? The question became especially acute when the“ truth serum ”was invented in the form of an electric iron and a soldering iron. Such an anecdote told I was a businessman who bought the values ​​of the USSR stolen in the German Democratic Republic. He handed over to a Soviet Army lieutenant colonel "for services" a diplomat with two million German marks, this lieutenant colonel, I think, was worried about this amount and hid the diplomat so carefully that he himself could not find it later And he went crazy, making it difficult for this businessman to set up a business.
        This, of course, is a matter of bygone days, however, I believe that today the situation has not changed fundamentally - the bulk of Russia’s officials still have the bulk of their income in cash. And where to put them if all the banks in the world do not accept, say, anonymous cash?
        So, Cyprus is the only state whose banks accept unlimited cash from any country. Now it’s clear what kind of holy fools in Russia offended Cyprus, having robbed them of the penny earned by overwork on galleys? This Angelica Merkel, however, was rinsed by our folk favorites, so to speak, "Cyprus in the balls."
        1. Melchakov
          Melchakov April 16 2013 14: 36 New
          Quote: S_mirnov

          Do you live in Russia, or in Russia ?! And about “Cyprus by the balls”, it’s still possible to argue who lost how much.
          1. S_mirnov
            S_mirnov April 16 2013 14: 45 New
            "Do you live in Russia, or in Russia ?!" This was a quote from an article by another author. Nevertheless, I am ashamed to call Russia that gang of traders who rule our country under the trade flag of the Russian Empire.
            "You can still argue who lost how much." - I haven’t lost anything. From the fact that the thieves took a little stolen money, the Russian people did not lose anything (they robbed him before).
            If only they did not introduce a new tax - on "assistance to victims of the Cyprus robbery."
            1. Fox
              Fox April 16 2013 15: 02 New
              Quote: S_mirnov


              plus for the "trading flag" ...
            2. Gregazov
              Gregazov April 16 2013 15: 35 New
              And you often suggest, be sure to introduce, and as a popular initiative
            3. Nevsky
              Nevsky April 16 2013 15: 36 New
              S_mirnov when you change the tricolor to the Soviet flag, huh?
  2. UFO
    UFO April 16 2013 10: 19 New
    Money should "work" for its economy, and not "walk" no one knows where, who does not understand - that is another "Cyprus". yes
    1. Russian
      Russian April 16 2013 10: 49 New
      When will our government understand this ?! And then, at the expense of, among other things, the funds of our oligarchs, America will restore its economy. It is high time to invest in our economy and nationalize the large enterprises of our country, and not vice versa to privatize! Enough before privatized already.
      And more recently, they published a list of how much they receive in our government, so one billion rubles a year earned! It is interesting where this money comes from ?? And everyone complains that the officials have a small salary, it’s funny if it weren’t so sad.
    2. mansur
      mansur April 16 2013 10: 52 New
      According to some estimates, only individuals store $ 32 trillion in offshore companies, up to 10 million people use offshore services. Meanwhile, $ 32 trillion. Are two US gross domestic product.
      However, all private savings, obviously, can not be compared with the scale of damage that the world financial system causes the use of offshore large and largely medium-sized businesses.

      Why do they need so much money - after all, besides a wooden mac on the other side, nothing is needed
    3. Gari
      Gari April 16 2013 11: 32 New
      Quote: UFO
      Money should "work" for its economy, and not "walk" no one knows where, who does not understand - that is another "Cyprus".

      To raise the economy and welfare of their country, so that the material level of their citizens will also rise, so that they themselves can live in their own country and love their family, so that they can safely go out into the streets and walk, so that people know and respect.
  3. Vanek
    Vanek April 16 2013 10: 30 New
    Quote: UFO
    one more "Cyprus".

    Tom - Georges of Miloslavsky laughing

    Sooner or later, but he comes yes
  4. Mikhail Topor
    Mikhail Topor April 16 2013 10: 33 New
    what a strange feeling when the next large company is registered in offshore (large industrial holdings, retailers, etc.). Time to go home :-)
  5. Vovka levka
    Vovka levka April 16 2013 10: 50 New
    They are crooks everywhere crooks, regardless of nationality.
  6. Begemot
    Begemot April 16 2013 10: 53 New
    But Pope Vova warned in advance: bring money from offshore home! He knew to see what he was talking about.
    1. Kaa
      Kaa April 16 2013 11: 19 New
      Quote: Begemot
      Pope Vova

      Dad Vova from the old school - he slowly harnesses, but quickly rides: "Who did not hide
      (he didn’t return the money), I’m not to blame, "the Prosecutor General’s office will figure it out. In general, smart people learn from the experience of others, and fools learn their own way. Our Ukrainian former prime minister asked for political asylum in the United States - and there he was soldered for a term, and several hundred lyam in US income was confiscated - no one attached importance to this example, we thought offshore companies would help them. Now the States will go through all offshore companies - and there is no government debt.
      1. Karabin
        Karabin April 16 2013 12: 10 New
        Quote: Kaa
        Dad Vova from the old school - he slowly harnesses

        It seems so to you. He’s not going to go at all.
    2. Karabin
      Karabin April 16 2013 12: 09 New
      Quote: Begemot
      But Pope Vova warned in advance

      It would be better to put things in order with the ministers of their own government. If deputy prime ministers hide money on offshore companies, how can they observe the interests of the country?
      1. Gregazov
        Gregazov April 16 2013 15: 38 New
        If I’m not mistaken, they found a bunch of bruliks and other pebbles in the safe of Yakov Sverdlov. So what did Stalin plant few people?
  7. mamba
    mamba April 16 2013 10: 54 New
    Profit escapes from taxes and hides in a tax haven. Nothing new and nothing personal. Money does not smell like homeland. Even reputable corporations are not shy about doing this. Our officials and oligarchs have good teachers.
  8. Tartary
    Tartary April 16 2013 11: 08 New
    Quote: Begemot
    But Pope Vova warned in advance: bring money from offshore home! He knew to see what he was talking about.

    I would be glad if suddenly Papa Vova took the assets of offshore companies and nationalized them?
    Personally, I would be very pleased and there would be a sense of justice.
    I don’t need rents for the natural resources of the Motherland! Return (!) The property of the USSR stolen by villains to Russia and the topic is closed - let's go further, into the future ...
    1. Tverichanka
      Tverichanka April 16 2013 20: 50 New
      Quote: Tartary
      if suddenly Papa Vova’s assets would be taken offshore and nationalized?

      One hundred and fifteenth times I ask the same question - HOW? Everyone knows WHAT to do, but no one says HOW! How do you personally imagine this? Putin came to Cyprus, asked the banks for data on respondents, they naturally brought him to this information is in the teeth. Putin puts pieces of paper in the portfolio, everything! The confiscation took place. And then, according to the same scheme, it works in the remaining offshore zones? .. You understand, the system was not built by us, it was created long ago and we won’t be able to break it alone. Or do you think that the Western "partners" do not sleep at night, you think, how would you corruption in Russia? Don't you think so? Well, then why talk about the nationalization of offshore assets? They don’t even give us criminals, contrary to all that would seem to be healthy meaning. But it’s among people that common sense can still be present, but between states, NEVER !!
      1. Tartary
        Tartary April 18 2013 05: 37 New
        Quote: Tverichanka
        You understand, the system wasn’t built by us, it was created long ago and we won’t be able to break it down alone. Or do you think that the Western "partners" do not sleep at night, think, how would corruption be corrupted in Russia? Don't you think so?

        Ma'am, let's be calm - no foam ...
        You fart me, I hope you do not mistake me for a schoolboy?
        We are talking about those assets that are located in Russia, but are registered in offshore ... And nothing more ...
        Send offshore owners to the stump, and nationalize enterprises! After such a clarification, I hope you will become more clear and you will become calmer ...

        Quote: Tverichanka
        Or do you think that the Western "partners" do not sleep at night, you think, as if corruption in Russia mess up? Don’t you think so?

        No! I don’t think so ...
        But I think that the Western "partners" do not sleep at night and still think: - someone else pop. wink

        Forgive me, dear Tverichanka.
  9. Vtel
    Vtel April 16 2013 11: 46 New
    Alexander Khinshtein: “United Russia” is working. She does everything so that life in our country changes. We are told about the "party of crooks and thieves" - I will answer! It is better to be in the "party of crooks and thieves" than in the "party of murderers, rapists and robbers" (alluding to the LDPR). ”

    Here is the "patriot" of Russia. Liberals rule Russia at the behest of the West, not for the sake of the Russian people, but in order to fill up their money in offshore zones and topple their original homeland or nakrynyak to London with a mess. A rich man, a powerful man, occupying a high position in society, is often set up so that he is above all others, and therefore all the lower ones should serve him. This is where the roots of ingratitude lie in human gluttony; no matter how many people receive, everything is not enough for him, he does not thank, but grumbles for not receiving more. Thank God not everyone is like that - there is still a divine remnant who has not sold his conscience for 30 pieces of silver.
    1. Canep
      Canep April 16 2013 12: 01 New
      In Russia, the cost of production is higher than the UAE. But I don’t think it is higher than in the USA. In this picture there is no Venezuela, Kazakhstan, Azerbaijan, Iran, Saudi Arabia, Kuwait, many others. Either in these countries the deductions from the sale of oil to the budget are even lower, or the picture is not reliable.
      1. Tverichanka
        Tverichanka April 16 2013 20: 55 New
        Quote: Canep
        The rate of deductions from the sale of oil to the budget is even lower, or the picture is not reliable.

        Not in the eyebrow, but in the eye!
    2. Tverichanka
      Tverichanka April 16 2013 20: 54 New
      I want to ask about your picture with the schedule, didn’t they borrow it from the NPO? Indicate the source of this information. Do not offer Wikipedia.
  10. krez-74
    krez-74 April 16 2013 12: 06 New
    "Offshore - the end of an era" - well, not always live in prostitution ?! It is clear that there was a period when offshore was needed, and not only did Russia play by the rules and on a par with world players, it needed a presence in offshore, but everything changes. As the threats of all kinds of conflicts increase, the main states will be obliged to curtail their external financial activity, directing it to solve purely internal problems.
  11. Karabin
    Karabin April 16 2013 12: 39 New
    Gracefully and simply a geyropa squeezed out some money from our cunning. Learn the Federal Tax Service of Russia and other interested departments. And then you all refer to imperfect legislation and other crap. It would be a desire, the right law is adopted quickly. In the meantime, it is accepted, deposits are frozen. And not like ours, they will first give the loot to withdraw, let them go to London, and then put on the wanted list. And to hell with thieves' grandmothers, they had already stolen it. What the hell on offshore accounts are the money of state-owned companies such as Sovcomflot? Or are they already not state and 50% + 1 share of the state is fiction?
    1. Tverichanka
      Tverichanka April 16 2013 21: 04 New
      Quote: Karabin
      the money of state-owned companies

      This topic has already been discussed and explained to everyone. But if you don’t know, I’ll tell you a bit. Did you read it carefully? What is said about Western companies? That they practically ALL keep money in offshore. To be able to conclude financial transactions, the partners agree on what how and how it will be. Is this understandable? Let's move on. Since most of the companies in the world (I draw your attention to this fact) are registered in offshore companies and do not show their "affairs" in their jurisdictions, our state-owned companies are forced to have some of their funds in offshore companies. Transactions become impossible due to the above reasons. Now, is it cool? So do not rush to dunk everyone at once in a latrine. Someone is worth it, but someone is not.
  12. Alekseev
    Alekseev April 16 2013 13: 05 New
    Well done Karabin! good
    Taxes at the place of production and not registration!
  13. Gladius
    Gladius April 16 2013 13: 20 New
    I thought the United States would need to unleash World War III to pay off its public debt (of course, without using nuclear weapons - they are not suicides after all). And they won the way they went - they squeeze out the loot, shadow money. Cleverly. Putin must act the same way. All dubious money, the origin of which is unknown tax in Russia, is confiscated in favor of the state. Although even Putin probably can’t do it, they will not be allowed to accomplish anything similar to those in power. The only thing you can try to return the shadow money from over the hill, without asking about their origin with the condition that the money will be invested in the development of the country's economy.
    1. Tverichanka
      Tverichanka April 16 2013 21: 10 New
      Quote: Gladius
      money from behind a hillock without asking about their origin

      Don’t remember how many times the same Putin declared an amnesty to capital? And so? Many people rushed to return the loot? Doesn’t act, it doesn’t work! Everyone thinks that they will not touch me, I’ll definitely get out with such connections. Maybe now they’ll get scared after Cyprus. And that’s not a fact.
  14. taseka
    taseka April 16 2013 14: 04 New
    What - thieves! Noticed sukuki - stolen already and nowhere to go?
  15. arkady149
    arkady149 April 16 2013 14: 52 New
    Offshore "cow" sooner or later slaughtered, there is only a way to choose more hosher. Another thing is interesting, what kind of shibby gesheftmachers will come up with a new way of the world scam, because any capitalist considers it a crime not to extract superprofits if there is at least a slight hint of the absence of serious punishment for any superprofitable business, even if it is a hundred or so immoral and criminal.
  16. Semyon Albertovich
    Semyon Albertovich April 16 2013 14: 54 New
    All financial centers are controlled by the States, and if they press on offshore, then the American oligarchs have already calculated their benefits.
  17. Bandera
    Bandera April 16 2013 15: 37 New
    In the war of corporations against governments, corporations will prevail. They are more flexible in terms of optimization and redirection of financial flows. Their budgets exceed the budgets of many countries.
    What is a government? Are these crystal clear people with an impeccable reputation? Not at all. Bribery and lobbying of their own interests through such people will do their job.
    But then it will be necessary to reduce budget expenditures. The three main black holes are: the state apparatus, military spending and social programs. What will suffer the most? That's right - social.
    The world is moving towards the fact that the social component in government spending will decrease. There is no longer a "socialist monster" in the form of the USSR, which urged the West to improve the welfare of the population. And since there is no ideological need, then it is time to recall the state of the working class at the beginning of the 20th century.

    So the ideas of equality and fraternity are beautiful in words. But in reality, everyone wants a bigger piece and less worries.

    Offshore is just a little puzzle in the unfolding picture of a turbulent future. There will be a war against offshore, but tax breaks will appear within the states themselves in the form of economic zones, subsidies, etc.
    The very concept of money is changing. People abandon the opaque system of creating money from nothing (not even from the air). It will be the most realistic measure of money, most likely it will be based on kW / h. electricity. Now, as you know, this is oil, but oil is more difficult to transfer and exchange, it does not renew. Therefore, there are speculative fluctuations of the main conductor - the American dollar.
    You want to make an additional issue of money - build a power plant, put solar panels, etc. What do we have now? - Add a few numbers on the keyboard and voila, you have the right amount.
    1. Tverichanka
      Tverichanka April 16 2013 21: 16 New
      Quote: Bandera
      There will be a real measure of money

      Are you reading science fiction? Who needs such a system? Specifically, to whom? I believe that you and I would like this and most members of the forum! You name the country. (Except Russia and Cuba). Who-America? England? France? ... That, what you wrote is called Utopianism!
  18. andrejwz
    andrejwz April 16 2013 17: 39 New
    Quote: Prokop
    should disappear as concepts.

    No, they should not. But, you are right, they will disappear.
  19. SPACE
    SPACE April 16 2013 21: 26 New
    money is like a butterfly looking for a warm and safe place. Create conditions and they will fly to you. Give people in your country state loans at low interest rates with deferred payment and preferential taxation, and we will flood you with our own products and ensure growth up to Xnumx GDP.