"Current Transfers": How exactly does that work when usually rich people hide money in offshore accounts in a different country? Money left the nation and went to another nation, plus one day, that money might come back to the original nation or even go to a third nation. Plus any interest or dividends paid on that money in the respective nation. Of which for me, raises yet another question too: Where does the money come from to pay any interest to these offshore hidden accounts? Surely there must be massive amounts of interest paid to those accounts with the massive amounts of money in savings. And if the USA individuals aren't telling the IRS about these accounts and any interest earned, why aren't they being prosecuted? And if these nations harboring these hidden accounts are aiding and abetting crime, how come economic sanctions aren't put upon those nations until they change their ways?
I enjoy it so much when you say "Just relax" . it takes away my stress immediately !!
Ha! I'm so glad! It works, right? Economics is right there for you! Be sure to check out my website at bradcartwright.com.
Finally, something detailed and comprehensible has been uploaded to TH-cam on this difficult topic. Thanks)
Literally i promise you, that you actually saved my life. Holy shit! I found Balance of Payments so difficult before this.
Haha! Cool! I'm glad! Good luck in your studies!
You literally made me laugh once you said “just relax”
Sir you're so brilliant informative i wish you the best.
Thanks and welcome
This video is Very very Useful thank u very much my dear Respected sir... I learned clearly
Great! I'm so glad you find them helpful. Keep watching!
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God bless u sir.u are really a saints
"Current Transfers": How exactly does that work when usually rich people hide money in offshore accounts in a different country? Money left the nation and went to another nation, plus one day, that money might come back to the original nation or even go to a third nation. Plus any interest or dividends paid on that money in the respective nation.
Of which for me, raises yet another question too: Where does the money come from to pay any interest to these offshore hidden accounts? Surely there must be massive amounts of interest paid to those accounts with the massive amounts of money in savings. And if the USA individuals aren't telling the IRS about these accounts and any interest earned, why aren't they being prosecuted? And if these nations harboring these hidden accounts are aiding and abetting crime, how come economic sanctions aren't put upon those nations until they change their ways?
You should watch the next video. The answer is there.
@@ordinary_follower Including prosecuting tax evaders and nations who are aiding and abetting crime?
wonderful sir .love u sir
Thank you Sachin! Wishing you the best of luck!
Brad