The Panama Papers and the Virtual Berlin Wall

by Dave Gonigam
Daily Reckoning

We can’t prove it — not yet anyway — but we suspect the “Panama Papers” are the work of someone in the global power structure firing an intercontinental ballistic missile in the war on cash.

If you’re not up to speed yet, 11 million documents have been leaked from a Panamanian law firm called Mossack Fonseca — spilling the beans on offshore tax evasion worldwide from the 1970s up to the present day. The identity of the leaker, for now, is a secret.

The papers first landed in the hands of the German newspaper Süddeutsche Zeitung. Now they’re being analyzed by 109 media outlets in 76 countries.

“The documents show 12 current or former heads of state and at least 60 people linked to current or former world leaders in the data,” reports the BBC.

Continue Reading at…