The Secret World of Illicit Finance | Raymond Baker, Author of 'Invisible Trillions'

The James Altucher Show - A podcast by James Altucher, Jay Yow - Tuesdays

Today, we're joined by Raymond Baker, author of the eye-opening book "Invisible Trillions: How Financial Secrecy is in periling Capitalism and Democracy, and the Way to Renew our Broken System". That's a lot in the subtitle, but it's also a massive topic that's often swept under the rug because - as Raymond details - essentially every large corporation engages in the tax-dodging practices he details in depth in today's conversation. Raymond talks about the interweaving between capitalism and democracy, whether it's a good thing across the world, and the international ramifications. The examples Raymond provides in the book and in the actual experiences and situations he recounts on today's episode are very serious, and it really does involve trillions of dollars.