So the financialization of London has helpeddeindustrialize the country, because it's...
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So the financialization of London has helped
deindustrialize the country, because it's enabled
sterling to be supported by this huge inflow of hot money, this inflow of drug-dealing
money and criminal money and tax evasion money all over the world, that is going to London instead
of going to Switzerland, Lichtenstein or the Caribbean
deindustrialize the country, because it's enabled
sterling to be supported by this huge inflow of hot money, this inflow of drug-dealing
money and criminal money and tax evasion money all over the world, that is going to London instead
of going to Switzerland, Lichtenstein or the Caribbean
Full Transcript
00:00:01.000 --> 00:00:03.268
So the financialization
00:00:03.268 --> 00:00:06.748
of London has helped
deindustrialize the country,
00:00:06.748 --> 00:00:10.018
because it's enabled
sterling to be supported
00:00:10.018 --> 00:00:12.876
by this huge inflow of hot money,
00:00:12.876 --> 00:00:16.316
this inflow of drug-dealing
money and criminal money
00:00:16.316 --> 00:00:19.588
and tax evasion money all over the world,
00:00:19.588 --> 00:00:22.768
that is going to London instead
of going to Switzerland,
00:00:22.768 --> 00:00:25.268
Lichtenstein or the Caribbean.
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Movie Summary
How Britain transformed from an imperial power to a financial power.
![- [Narrator] With the silent
backing of the United States, - The Spider's Web: Britain's Second Empire](https://clip.cafe/img400/narrator-with-the-silent-backing-of-the-united-states.jpg)
