What is Spiderweb Capitalism? Inside the Intricate System That Lets the Super-rich Hide Their Cash

Posted on the 27 August 2022 by Phil's Stock World @philstockworld

For her new book, author Kimberly Kay Hoang researched a complex web of interconnected subsidiaries that are virtually impossible to identify and track. The wealth gap isn't isolated to just the United States. There's the rich and then the uber-rich, who despite their stratospheric wealth, are ...

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