Ahhh what the heck while we are predicting the future...
amongst pending financial doom and gloom and countries sovereign debts blowing out and people protesting regarding the prospect of austerity measures ...
to KIWI ....
I think dramatic change is coming regarding the markets and the system that has evolved favouring, dare i say it, empowering some and not others.
The information that I am finding regarding Tax havens suggests that the trillians, yes trillions, sent off shores around the world , if subject to taxes, would be enough to solve many hardships/austerity measures about to be faced abroad.
I dont think i will be overly popular holding a personal opinion that these systems are a traversty and the growing "occupy etc groups" around the world are going to help to put things right...
The rise of China might also bring about positive change ..whilst i hope they embrace some of the good things about free markets etc.
In short ...it might be looking pretty gloomy but it had to get really dodgey/painful/transparent and so now everyone can see the corruption and inequalities, lurks and perks..the world is set for change for the better,imo.
I watched these videos with the recent initiative announced to at the Commonwealth Meetings in Perth,in mind, whereby mining Cos will be required to stipulate the taxes paid in Australia in the near future.
I cant vouch for all content,of youtube. course.
Part 1 of 5 ....views of John Christianson re Englands cuts/ austerity/losses...This fellow spoke of the global trillions in havens o/s on Australian television a few days ago.
http://www.youtube.com/watch?v=zsjJR4Fmzwg&feature=related
and another video here showing the English political interest....
http://www.youtube.com/watch?v=2oElLtJ00Po&feature=related
Its an arguement for Nationalisation or increased taxes as introduced in Australia with talk of more transparency...
Bermuda is not so cool anymore imo.
At least ARM hold their AGM in SA.
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