To watch in HD, get ClipCafe PRO
Illicit financial flows, because the anonymity
Please log in to add to collections.
The Spider's Web: Britain's Second Empire

Illicit financial flows,because the anonymity that drives them createsincentives for...

Illicit financial flows,
because the anonymity that drives them creates
incentives for people in positions of power to be corrupt

Full Transcript

00:00:01.000 --> 00:00:04.009
- Illicit financial flows, because the anonymity
00:00:04.009 --> 00:00:08.002
that drives them creates incentives for people
00:00:08.002 --> 00:00:10.824
in positions of power to be corrupt.
Duration
12 seconds
Views
18
Timestamp in Movie
00:35:41
Uploaded
Oct 30, 2025
Genres
documentary
Production
N/A

Want This Clip in HD?

Upgrade for HD/4K downloads and unlimited access. Upgrade now →

Movie Summary

How Britain transformed from an imperial power to a financial power.
This is why there's a group of countries - The Spider's Web: Britain's Second Empire 00:08
This is why there's a group of countries
It's that the incentives of individuals - The Spider's Web: Britain's Second Empire 00:20
It's that the incentives of individuals
- [Narrator] Worldwide, developing countries lose - The Spider's Web: Britain's Second Empire 00:09
- [Narrator] Worldwide, developing countries lose
Most of this wealth flows into large western nations, - The Spider's Web: Britain's Second Empire 00:15
Most of this wealth flows into large western nations,
But illicit flows into western nations - The Spider's Web: Britain's Second Empire 00:08
But illicit flows into western nations
The economies of the United States - The Spider's Web: Britain's Second Empire 00:07
The economies of the United States
The origins of this financialization - The Spider's Web: Britain's Second Empire 00:08
The origins of this financialization
- [Reporter] Anti-war demonstrators protest US involvement - The Spider's Web: Britain's Second Empire 00:09
- [Reporter] Anti-war demonstrators protest US involvement
President Johnson meanwhile let it be known - The Spider's Web: Britain's Second Empire 00:09
President Johnson meanwhile let it be known
- [Narrator] In the 1960s, US economist, Michael Hudson, - The Spider's Web: Britain's Second Empire 00:11
- [Narrator] In the 1960s, US economist, Michael Hudson,
- During the 1960s, - The Spider's Web: Britain's Second Empire 00:11
- During the 1960s,
- [Narrator] Dollars were flowing out of the United States - The Spider's Web: Britain's Second Empire 00:08
- [Narrator] Dollars were flowing out of the United States
The United States attempted to prevent the dollars flowing - The Spider's Web: Britain's Second Empire 00:09
The United States attempted to prevent the dollars flowing
- The government asked Chase to set up a branch in Saigon - The Spider's Web: Britain's Second Empire 00:09
- The government asked Chase to set up a branch in Saigon
It lost money, but the government went to Chase, - The Spider's Web: Britain's Second Empire 00:14
It lost money, but the government went to Chase,
It'll get the general to go, - The Spider's Web: Britain's Second Empire 00:05
It'll get the general to go,
That's what the United States was trying to stop. - The Spider's Web: Britain's Second Empire 00:06
That's what the United States was trying to stop.
- [Narrator] The US was not successful - The Spider's Web: Britain's Second Empire 00:06
- [Narrator] The US was not successful
So it began to hatch a different plan. - The Spider's Web: Britain's Second Empire 00:06
So it began to hatch a different plan.
In 1967, Michael Hudson was handed a memo - The Spider's Web: Britain's Second Empire 00:08
In 1967, Michael Hudson was handed a memo