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How the Kleptocrats’ $12 Trillion Heist Helps Keep Most of the World Impoverished – The Daily Beast

An investigative economist has crunched 45 years of official statistics to discover just how much kleptocrats have plundered from 150 mostly poor nations.

Full text: How the Kleptocrats’ $12 Trillion Heist Helps Keep Most of the World Impoverished – The Daily Beast

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9 comments on “How the Kleptocrats’ $12 Trillion Heist Helps Keep Most of the World Impoverished – The Daily Beast

  1. makagutu
    May 3, 2016

    One day when I am rich I will understand why people hoard money. At this point I simply can’t

    Liked by 2 people

    • inspiredbythedivine1
      May 3, 2016

      I always try to hoard money, but since I don’t have any, I’ve yet to succeed.

      Liked by 2 people

      • makagutu
        May 4, 2016

        You haven’t tried hard enough my friend

        Like

    • Remember when they froze Gaddafi’s money? He had 60 Billion that were easily traceable invested in the US and Europe. Imagine how much he had hidden.

      Like

      • makagutu
        May 4, 2016

        I will want lessons in spending a billion dollars before I can learn to hoard them!
        You mean 60B! I don’t want to know what he hid and hasn’t been found

        Like

  2. Cara
    May 3, 2016

    I don’t understand how anyone hoards so much money…I have a $20 in my purse and everyone I know crawls out the woodwork (because they smell the money) looking for their piece of it.

    Liked by 1 person

  3. acflory
    May 4, 2016

    I didn’t even know what a kleptocrat was. -sigh- Sometimes my own ignorance appalls me. 😦

    Like

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This entry was posted on May 3, 2016 by in Uncategorized and tagged , , , , , , .
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