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The Spider's Web: Britain's Second Empire (Documentary, 2017)

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First published at 06:19 UTC on February 10th, 2022.

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The Spider's Web: Britain's Second Empire (Documentary, 2017) The City of London banking network began constructing a web of overseas jurisdictions in the wake of the empire's demise, and hid these monies offshore where they were sheltered from meaningful outside scrutiny. They started to indulge in unregulated forms of lending using U.S. currency. This wealth was accumulated through any means necessary, including a laundry list of nefarious acts of fraud, tax evasion, drugs and arms trading, and additional covert operations. It's a system rife with corruption. Some of the money was stripped from poor countries, depriving these struggling economies of their capacity for badly needed growth and infrastructure development. Directed by: Michael Oswald

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