Panama Papers Scandal in a Nutshell

The International Consortium of Investigative Journalists (ICIJ) succinctly explains the devastating effect of the Panama Papers scandal:

Offshoring money always seemed disingenuous to me (with edge cases, of course), and this scandal more than confirms it.

Makes me wonder how it will affect this year’s US presidential elections. As more news unfolds (there’s 11.5 million documents to sort through), I could see it highly favouring Bernie Sanders’ arguments.

 

Further reading/watching: