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That is what the Tax Justice Network estimates that the global offshore stash amounts to. Roughly the combination of USA and Japan GPD.

http://www.guardian.co.uk/business/2012/jul/21/global-elite-...

And, naturally, good old Goldman Sachs had an helping hand.

Of course, the Tax Justice Network has an agenda (http://en.wikipedia.org/wiki/Tax_Justice_Network), but nonetheless.

Oh well, it won't affect the market tomorrow, I suppose.

Leo
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