aidthoughts
@aidthoughts
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Joined April 2012
Ok folks:. To keep engaging with this site is to remain complicit with Elon Musk, his transformation into this space as one for disinformation, his voter interference, the upcoming damage he is going to do to my country. You can find me at the other place at: @mattcollin.
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I'll leave this pinned up and my account open for a while longer, but that's it - find me over there. I hope you'll join me.
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Some of you might argue that to flee is to concede ground to the loons and conspiracy theorists. To them I say: look around, there is no "soul" here to rescue, it has fled already. Better to try again somewhere where the algorithms aren't stacked against the truth.
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RT @taxobservatory: "Tax on wealth is necessary to reduce inequality & raise revenue for future challenges. It's even more urgent in tax ha….
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Hey remember when people on this site were arguing that a wealth tax was somehow going to make all of this more likely?.
An FT analysis of campaign finance filings found that roughly a third of all of the money raised by the Trump campaign and allied groups came from billionaires, while billionaires represented 6% of the money raised by Harris groups.
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RT @gabriel_zucman: As we're learning each day about a new strategy used by the super-rich to sway the US elections, it has never been so c….
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RT @taxobservatory: Be sure to catch @QParrinello at the 2024 #IMF side event in DC, discussing the way forward for taxing the ultra-rich 💵….
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RT @RevEconStudies: New paper from @mariusring using Norwegian data shows that a tax on wealth may cause households to save *more*. 1/3. 👇….
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If anything, a damning indightment of "literature review" sections of academic papers.
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RT @CGDev: The British government is looking for ways to fight illicit cash.🇬🇧💷. @aidthoughts provides two immediate steps the UK governmen….
cgdev.org
The British government is looking for ways to end the country's notoriety as a haven for dirty money. In the lead up to this year's general election, now Foreign Secretary David Lammy promised that...
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RT @robin_j_brooks: In the first eight months of 2024, Germany's exports to tiny, landlocked Kyrgyzstan are up 1300% from before Russia inv….
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Addendum: worth noting that even the @StateDept has a better grasp of illicit finance risks than what is produced by the MER process: they routinely list big rich economies (including the US!) alongside poorer ones as "major money laundering jurisdictions"
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This is a big win for developing countries, but despite some mention of "higher standards" for richer countries, there still is scant evidence that good mutual evaluation scores transalte into less dirty money, or fewer predicate crimes that generate that illicit cash.
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Despite this, most greylisted countries were developing, leading to growing unease, which makes this announcement particularly important: . The FATF will now spare developing countries with less than $10 billion in income (it is unclear if this is broad money again or GDP).
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To be fair, @FATFNews in the past put in provisions to spare the smallers countries from being put on the blacklist (which has implications for trade, remittance costs and banking connections). They have spared countries with less than than $5b in broad money (M3) consistently
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Meanwhile, most of the world's dirty money actually ends up in rich countries that do well on FATF's MERs . Something I call the "anti money laundering paradox" . This calls into question many things, including FATF's entire methodology.
brookings.edu
New analysis reveals that countries ranked high for their anti-money-laundering policy are actually more, not less, likely to host companies related to Isabel dos Santos.
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