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The plan was to organize offshore banking centers
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The Spider's Web: Britain's Second Empire

The plan was to organizeoffshore banking centers in the Caribbean and elsewhere

The plan was to organize
offshore banking centers in the Caribbean and elsewhere

Full Transcript

00:00:01.000 --> 00:00:04.768
The plan was to organize offshore banking centers
00:00:04.768 --> 00:00:06.066
in the Caribbean and elsewhere.
Duration
8 seconds
Views
18
Timestamp in Movie
00:39:04
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.
And the hot money wouldn't come directly into Chase, - The Spider's Web: Britain's Second Empire 00:09
And the hot money wouldn't come directly into Chase,
What happened was that the Latin American criminals, - The Spider's Web: Britain's Second Empire 00:20
What happened was that the Latin American criminals,
- [Narrator] By moving offshore dollars back - The Spider's Web: Britain's Second Empire 00:11
- [Narrator] By moving offshore dollars back
- Every country looks to its foreign exchange rate. - The Spider's Web: Britain's Second Empire 00:06
- Every country looks to its foreign exchange rate.
The foreign exchange rate is not only imports and exports. - The Spider's Web: Britain's Second Empire 00:05
The foreign exchange rate is not only imports and exports.
It's capital movements, and if you look - The Spider's Web: Britain's Second Empire 00:15
It's capital movements, and if you look
What goes up and down are called errors and omissions. - The Spider's Web: Britain's Second Empire 00:05
What goes up and down are called errors and omissions.
What the United Nations and the IMF call errors - The Spider's Web: Britain's Second Empire 00:07
What the United Nations and the IMF call errors
It's the reason that it's omitted is they don't like - The Spider's Web: Britain's Second Empire 00:07
It's the reason that it's omitted is they don'...
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