EDITORIAL: Panama Papers are a bigger deal than you think
Apr 12, 2016 10:24 pmIf you haven’t heard of the Panama Papers or don’t know what they mean, then you’ve seriously misjudged the gravity of the situation. You see, it turns out that the stereotypical trope of rich people hiding away all of their money in a “Swiss bank account” is actually true, except the accounts happen to be in Panama. The world’s richest and most powerful people “invest” their money in fake business in order to avoid taxation.