Britain is preparing the expropriation of capital

2024 Author: Seth Attwood | [email protected]. Last modified: 2023-12-16 15:55

The British Tax Justice Network, a financial analytics group, has published a noteworthy report. According to him, a colossal amount of foreign funds received as a result of laundering illegal incomes and tax evasion has accumulated in Western banks and offshores - up to 32 trillion dollars.

These are the capitals of representatives of big business in Russia, South Korea, Brazil, Kuwait, Mexico, Venezuela, Argentina, Indonesia, Saudi Arabia, China, Malaysia, Thailand, Ukraine, Kazakhstan, Azerbaijan, etc.

British analysts have compared these accumulations with the total government debt of the United States and Great Britain (about $ 24.8 trillion) and concluded that these amounts … "are correlated." This word can mean one thing: the confiscation of foreign assets (in view of the "illegality of their origin") in order to secure external debt.

At first glance, such a scenario might seem fantastic. But a legal precedent has already been set. The report by the British group coincidentally coincided with the adoption of the Criminal Finances Act. According to this document, law enforcement agencies are empowered to seize any foreign assets without any trial. To do this, simply submit an "unconfirmed wealth" warrant. Formally, the owner has the right after that to explain the origin of his funds. But in practice, no one is interested in such explanations. This was confirmed by the very first arrests of foreign assets within the framework of the adopted law - they affected Russian billionaires.

It is nonsense in itself that a country that has proclaimed the "inviolability of private property" for centuries, has abandoned the principle of the presumption of innocence and is engaged in confiscation. But the most absurd thing is that all the fraudulent schemes for money laundering and tax evasion were invented by the Anglo-Saxons themselves. They also involved foreigners in them.

The beginning was laid back in the 16th century, when, with the spread of Protestantism in England, it was possible to reformat the consciousness of British society. The Protestant "ethics" imposed on the British (in its radical version) declared the highest virtue to strive for unlimited enrichment, removing all religious prohibitions from doing business. Under the influence of this commercialization of consciousness, the British formed a special view of the world - they everywhere, in any occupation, began to look for the maximum material benefit.

By that time, a huge property was in the hands of the royal court due to the confiscation of the property of Catholic monasteries. Part of this property was transferred to the disposal of society, the most influential citizens of which were immediately tempted to put these funds into circulation. At the same time, it was discovered that due to a convenient geographic location, the most profitable occupation is international trade, and the most attractive region for it is Asia.

To establish commercial relations with her, British merchants began to unite in trading companies, which in their organizational form turned out to be the predecessors of joint-stock companies. The initial capital of these companies was formed from the contributions of the participants. Initially, only British participated in trading companies, but then they began to involve foreigners as well.

Although commercial losses were often passed on to foreign shareholders, participation in future joint-stock companies was still extremely profitable.

First of all, because England had a fairly loyal tax system. This allowed merchants to keep a significant portion of the profits for themselves. The explanation for such loyalty of the state is quite simple: the government, having declared "free enterprise", at the same time refused any social spending. And this was also the result of the domination of "Protestant ethics", a characteristic feature of which (in contrast to Catholicism or Orthodoxy) was a negative attitude towards charity.

Another important factor was the fact that the commercial activities of the British gradually began to take on the character of intermediation. Trade was reduced to the transit of goods, in which the cost of developing logistics was actually shifted to local authorities. An example is the Moscow Company. Created almost the very first in 1551, at first it was engaged in the delivery of goods to Arkhangelsk. But she soon received the privilege from the king to trade with Persia and China. This activity has proven to be particularly profitable because in the process of transporting their goods, the British did not invest a penny in the creation of a transport infrastructure - they used the already existing one created by Russia.

With the accumulation of capital, the greed of the Anglo-Saxon traders increased. To further minimize costs and maximize profits, they switched to providing financial services. Trading companies were transformed into joint stock companies, the role of which was reduced to issuing securities and hiring contractors. The main activity of yesterday's traders was the development of various tax evasion schemes, concealment and legalization of illegal funds. Exchanges and banks, which the British actively began to create in the 17th century, acted as instruments for the implementation of these schemes and financial cover. And in order to spread their fraudulent schemes to the whole world, they created a huge colonial empire. Like an octopus, the whole world was enveloped in corruption, and London was turned into a world financial center for the accumulation and laundering of international capital.

All this time, this speculative pyramid functioned successfully, corrupting and involving the whole world in the next fraudulent schemes. The paradox was that despite all the vicissitudes of its existence, the same person remained its main owner.

In the UK, there is no mandatory reserve ratio for commercial banks, and the main guarantee of their solvency was their investment in real estate. But the point is that the medieval principle of "property rights" still operates in the Anglo-Saxon legal environment. In accordance with it, full ownership is allowed only to movable property. All real estate in the country is in limited possession, and the only rightful owner is … the queen. She owns all the land in the United Kingdom, as well as everything that is located on it. Thus, having distributed to society in the 16th century part of the assets confiscated from the Catholic Church, the royal court legally retained control over them, and at the same time control over the resulting global financial pyramid.

But all the pyramids collapse sooner or later, and if today in England people are talking about confiscation, does this mean that its creators are preparing a way out in advance?