In the pursuit of avarice the state is now just a commodity

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As the FT notes this morning:

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The article is a rather depressing tour of what tax havens have on offer, countered by TJN's John Christensen.

What the article does not mention, but probably should have done, is that, as the Greek situation proves, passports and tax privileges are but the start of what nations ruled by cowardly politicians will offer the rich. They can have the cherry pickings of all that is good in the place too.

In the pursuit of avarice the state is now just a commodity.