How The Pandora Papers Actually Work - How Money Works

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The Pandora papers are the latest in a long line on P Papers that have supposedly unmasked the shady dealings of the global elite’s worldwide network of money laundering, tax evasion and corruption.

You have no doubt seen the headlines, and if you are following the story closely you are likely thinking that nothing will really come of this.

It’s been five years since the Panama Papers were released the world and since then they have been followed up by the paradise papers, as well as a series of smaller leaks ultimately confirming what everybody suspected was going on anyway.

Now to an outside observer it is easy to be a bit disheartened by all of this news and simply resign yourself to the fact that these schemes will just happen forever and nothing will really be done to punish the perpetrators. This narrative would certainly be supported by the outlets publishing these stories too, because to be honest… outrage sells.

But it’s not necessarily the case, and perhaps the best way to see this is to do what no stories on this issue have been willing to do, and that is to unpack how this creative international accounting actually functions.

#PandoraPapers #PanamaPapers #howmoneyworks

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Music by Epidemic Sound

[whospeaks]

I believe this guy 1000% when he says he worked in investment banking. "This thing multimillionaires do sucks, time to teach you how to do exactly that." Absolute legend of a channel.

[indiaculture]

Every family has that one person who will break the family's financial struggle, I hope you become the one 😊

[dylanmoris]

The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies

[ShaneLikesCake]

Note that Ireland's 15% corporation tax only applies to companies with revenues of €750m and above, wonder if this could be avoided by just creating several holding companies with less than that in revenue

[aleksandersuur]

Technically legal is the best kind of legal.

[Riggsnic_co]

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market

[polyvioscharalampous]

As someone that works in taxation, this video is gold. The explanation is on point and it’s as clear as it gets for the time frame, great job!

[bigshaqdragon]

*me in 5th grade

Teacher : What do you want to be when you grow up?
Me : Internationally condemned businessman

[FeroxV]

This is disgusting!

... I wish I could do this myself though

[AffinityLife]

As someone who sets this up for my clients I can confirm this video is legitimate and explains it quite well.

[OmarSalviMK]

The only content that actually explained how these schemes work. The news only talks about them without going in detail. Love this channel as after Graham Stephan changed his branding to fit the algorithms I needed something more genuine again

[carlospulpo]

This explains how we have wealthy people living in homes and driving cars owned by holding companies while declaring an [taxable] income in the poverty region such that they are eligible for and receive government benefit programs and stimulus payments designed for low income households. All this happening while the common folk are hating on the teen who refused to work and took an extra stimmy.

[freedomastrology]

Great video. That jet ski jousting league though, sounds like a legit idea.

[georgeperkins]

Great work on the video I love your content. That wrinkled paper effect on your graphics in really hard on my eyes, not sure if anyone else has that issue. Just some feedback from a viewer. Again great video!

[IceglacierArnar]

Brilliant video...like this channel. You simplify things a lot. Thanks

[EveningEcho]

This was a cool video . I’ve never had it explained to me before. Cheers

[chadestioco]

"If you are thinking throughout this video, 'if you can't beat them, join them'..." Who are you and how can you read my thoughts?

[VannyKnew]

“Hey guys, today we’re going to learn how to NOT set up a criminal international drug empire-“ is basically this video but for any other type of business. Pure gold 😂

[ccyamato]

Thank you for just explaining the mechanics behind all this. Now I will go have opinions about it, somewhere else.

[woundedhealer]

I’m not gonna lie that jet ski jousting sounds dope af😂 great video man