EconoSphere
@econosphere
🌌 The Secret Economy: Tracing the Invisible Flow of Dirty Money 💸 While the visible economy powers nations, a hidden financial system works in the shadows—funding crime, corruption, and global instability. How does this secret economy function? 🏝️ Offshore Hideouts: Tax havens and shell companies obscure ownership and shield trillions in hidden wealth from scrutiny. 💻 Cryptocurrency Loopholes: Digital currencies provide anonymity and speed, allowing funds to cross borders without detection or regulation. 📦 Trade-Based Laundering: Illicit actors manipulate the value of goods in international trade, disguising dirty money as legitimate revenue. 💡 Why it matters: This shadow economy drains public funds, weakens financial systems, and widens the gap between rich and poor. Estimates suggest up to 5% of global GDP is tied to illicit financial flows. #ShadowEconomy #GlobalFinance #FinancialCrime #HiddenWealth
0 reply
0 recast
2 reactions