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Curious Worldview

49: Jim Henry | Blood Bankers - Cancer Of The Developing World

12 Oct 2021

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Article Attached To This Podcast 🎙️: https://atlasgeographica.com/jim-henry-blood-bankers/Jim Henry is the author of Blood Bankers a classic investigative tale of following the money.Jim is a Harvard educated economist and lawyer, one of the famous Nader Raiders, a former chief economist at McKinsey & Co, an investigative journalist, author and as you can imagine much more as well. He is a founding member of TJN, the Tax Justice Network and one of the leading voices on curtailing tax evasion and the proliferation of offshore activity. He is currently the founder and managing director of the  Sag Harbour Group, a consultancy for technology organisations. In this podcast with Jim Henry & Blood Bankers, you can expect to learn...How Jim discovered Nixon offshore moneyThe early history of tax havensOperating as chief economist at McKinsey during so much of the development crisisHis thoughts on confessions of an economic hitmanan example of the archetypal debt elephant - which is a hydro dam in brazil, whose damage is borderline unfathomable  Implications of the underground economyDebt trap diplomacyMuch, much more...Jump In On My Newsletter 📋 🔑 - https://atlasgeographica.com/subscribeFeel Free To Peruse My 📷 Instagram & Twitter 🐦 Mates!-----00:00 - Introduction08:04 - Jim's Early Years15:56 - Thinking About The Underground Economy26:02 - Nixon Offshore Money34:11 - Following The Money & Emphasising McKinsey & Co45:26 - The Archetypal Economic Hitman Story & Jim's Thoughts On Confessions Of An Economic Hitman52:15 - The Philippines & The Marcos Debacle 57:56 - Death On Hermila Marcos's Hands1:02:56 - Why Does Money Continue To Flow Into A Corrupt Regime?1:09:25 - Defining Capital Flight & More On The Nuts & Bolds On The Money1:23:14 - What Are The Incentives For The World Bank/IMF?1:27:56 - A Question From Nicholas Shaxson - Poisoned Scrambled Eggs & Dangers In Investigation.1:40:26 - Reflecting On Leaving The Corporate Life Behind To Write A Book1:48:26 - Narrowing In On Brazil, The Archetypal Debt Elephant2:06:21 - Mexico & Implications Of The Underground Economy2:21:16 - Is Demand A Stronger Force Than Supply When It Comes To The Drug Trade?2:27:56 - How Offshore Allows The Scale Of Criminal Organisations2:34:20 - Chinese Debt Trap Diplomacy2:38:00 - What Does Jim Think About Foreign Aid?2:44:50 - What About The Ethics Of Tax Evasion?2:56:10 - Jim On Russia3:06:00 - What Country Is Jim Bullish On?3:08:50 - Conversation Between Any Two People Of History?3:11:38 - Afterthoughts-----Are you into Nassim Taleb? I run a Nassim Taleb podcast covering all the wonderful ideas found in the 5 part Incerto series.View here - https://theincertonassimtalebpodcast.buzzsprout.com/My new Geopolitics & Power Podcast - Interesting tidbits from around the world documenting major geopolitical moves or projects you might have missed. Share this with one smart friend!🎙️The Geopolitics & Power Podcast: https://geopoloticsandpowerpodcast.buzzsprout.com/Contact me 🐦 for feedback and also for recommendations on what future episodes should be! Twitter @ryanfhogg

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