To watch in HD, get ClipCafe PRO
[Narrator] Western nations block attempts
Please log in to add to collections.
The Spider's Web: Britain's Second Empire

Westernnations block attempts to provide greater transparency of international financial...

[Narrator] Western
nations block attempts to provide greater transparency of international financial flows and the implementation of global standards for the collection of tax across borders, whilst elites in developing
nations use offshore centers to hide their wealth offshore

Full Transcript

00:00:01.000 --> 00:00:02.092
- [Narrator] Western nations block attempts
00:00:02.092 --> 00:00:04.692
to provide greater transparency
00:00:04.692 --> 00:00:06.091
of international financial flows
00:00:06.091 --> 00:00:09.071
and the implementation of global standards
00:00:09.071 --> 00:00:12.236
for the collection of tax across borders,
00:00:12.236 --> 00:00:16.012
whilst elites in developing nations use offshore centers
00:00:16.012 --> 00:00:18.997
to hide their wealth offshore.
Duration
20 seconds
Views
21
Timestamp in Movie
00:34:45
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.
- The oil from Gabon has not benefited people in Gabon. - The Spider's Web: Britain's Second Empire 00:07
- The oil from Gabon has not benefited people in Gabon.
And this is true for the copper in Zambia, for the gold - The Spider's Web: Britain's Second Empire 00:10
And this is true for the copper in Zambia, for the gold
They have benefited, the company that do extract it, - The Spider's Web: Britain's Second Empire 00:09
They have benefited, the company that do extract it,
It has benefited the corrupt elite in the country. - The Spider's Web: Britain's Second Empire 00:05
It has benefited the corrupt elite in the country.
In developing countries, the offshore system - The Spider's Web: Britain's Second Empire 00:11
In developing countries, the offshore system
It has enabled them to steal the money - The Spider's Web: Britain's Second Empire 00:06
It has enabled them to steal the money
- Illicit financial flows, because the anonymity - The Spider's Web: Britain's Second Empire 00:12
- Illicit financial flows, because the anonymity
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