The Offshore Web

A third of world wealth, resting in island chains where law is a product.

The measured layer: the Tax Justice Network estimates $21-32 trillion in offshore private wealth (2012 study, Henry); the IMF and BIS document the conduit economies (a handful of jurisdictions intermediating the majority of shell flows); Zucman's 'The Hidden Wealth of Nations' quantifies ~8% of household financial wealth offshore. The City of London's crown-dependency network is the documented hub (Shaxson's mapping). The node is the money file's load-bearing fact: the parallel system exists at state scale, permanently, in public statistics.