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It's the reason that it's omitted is they don't like
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The Spider's Web: Britain's Second Empire

It's the reason that it'somitted is they don't like to really look at this

It's the reason that it's
omitted is they don't like to really look at this

Full Transcript

00:00:01.000 --> 00:00:04.329
It's the reason that it's omitted is they don't like
00:00:04.329 --> 00:00:05.744
to really look at this.
Duration
7 seconds
Views
14
Timestamp in Movie
00:40:15
Uploaded
Oct 30, 2025
Genres
documentary
Production
N/A

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Movie Summary

How Britain transformed from an imperial power to a financial power.
In the 1930s, Roy Ovid Hall, - The Spider's Web: Britain's Second Empire 00:13
In the 1930s, Roy Ovid Hall,
I was told, in Washington, the argument was, - The Spider's Web: Britain's Second Empire 00:07
I was told, in Washington, the argument was,
"It's just, we don't look at it." - The Spider's Web: Britain's Second Empire 00:11
"It's just, we don't look at it."
You don't call it criminal inflow and outflow. - The Spider's Web: Britain's Second Empire 00:06
You don't call it criminal inflow and outflow.
- [Narrator] In the 1960s and '70s, Britain was faced - The Spider's Web: Britain's Second Empire 00:08
- [Narrator] In the 1960s and '70s, Britain was faced
Money was flowing out, - The Spider's Web: Britain's Second Empire 00:07
Money was flowing out,
Britain realized that it too could support the value - The Spider's Web: Britain's Second Empire 00:12
Britain realized that it too could support the value
But just as in the United States, - The Spider's Web: Britain's Second Empire 00:07
But just as in the United States,
- The British banks today, just as in the 19th century, - The Spider's Web: Britain's Second Empire 00:09
- The British banks today, just as in the 19th century,
They put their money into real estate speculation, - The Spider's Web: Britain's Second Empire 00:09
They put their money into real estate speculation,
So the financialization - The Spider's Web: Britain's Second Empire 00:26
So the financialization
- [Narrator] With the silent backing of the United States, - The Spider's Web: Britain's Second Empire 00:08
- [Narrator] With the silent backing of the United States,
And before long, the offshore system developed - The Spider's Web: Britain's Second Empire 00:09
And before long, the offshore system developed
Few were aware how this market functioned. - The Spider's Web: Britain's Second Empire 00:06
Few were aware how this market functioned.
In 1986, economist John Christensen - The Spider's Web: Britain's Second Empire 00:08
In 1986, economist John Christensen
He applied for a position at the Jersey office - The Spider's Web: Britain's Second Empire 00:07
He applied for a position at the Jersey office
- At Deloitte Touche, I was working - The Spider's Web: Britain's Second Empire 00:09
- At Deloitte Touche, I was working
I went offshore specifically to work in that area, - The Spider's Web: Britain's Second Empire 00:12
I went offshore specifically to work in that area,
That way, I could see, from working - The Spider's Web: Britain's Second Empire 00:11
That way, I could see, from working
I had complete access to all the client files. - The Spider's Web: Britain's Second Empire 00:06
I had complete access to all the client files.