important to have watches these these uh these pandora papers outline this extra legal way that a lot of people and i knew this when i was a tour guide in new york city i paid very close attention to real estate new york and we talked about it ad nauseam on this show when you have lots and lots of money you have to do things with it you can't just put it in banks you can't just invest it you can't be constantly you know subject to regulators and taxes you want to get away from that and the way to do that is come up with shell corporations and put them in in places that nobody really goes right or very few people go the cayman islands delaware and then use those shell corporations to purchase real estate hide your ownership interest evade taxes do a little money laundering that's what new york city is it's a vertical money laundering scheme look what the guy look what the ghetto louis vuitton did with his yacht this is a bernard i believe arnold or something he's ahead of louis vuitton and the pandora papers reveal he's got a real nice boat i wonder when these things get leaked no one no one's gonna do anything but it's just funny because this happens and this happened NUMBER_TOKEN NUMBER_TOKEN like NUMBER_TOKEN yeah it happens like every single year then the next set of papers will not be papers anymore there'll be photographs of these people with the middle finger to you bernard arnold bernard aldorn yeah i was looking at his yacht he's got a sick yacht okay oh symphony yeah but this was something again that got leaked in a pin to our papers i don't know because you know this is supposed to make you angry at these people but i say you just embrace it and you just say hey at least they're doing cool PROFANITY_TOKEN do you want king abdullah to to like not do cool PROFANITY_TOKEN if you were the king of a country where you could literally kill anyone you wanted you could do anything you wanted you'd be expected yeah bernard arnault stealthily slips out NUMBER_TOKEN million for beverly hills house next door so all of these all of these uh people in the pandora papers things are coming out uh you hear that do they hear it now they probably will hear the siren yeah all of these people are being outed as tricksters and then you know but they're cracking they're cracking down do you see they're cracking down so this won't be going on next year if i know um if i know the the government they will get a handle on this rather quickly and they're going to reign in the rich and make them do the right thing what's interesting about the rich is they never smile until they're forced to smile like the really rich not like you have a bmw i mean like the incredibly wealthy hate smiling because i live in a building now with a lot of very wealthy people albeit ones who've kind of destroyed their lives a lot of divorced dads and young kids and you know crypto punks but actual crypto punks not the things they sell right um and very few of them are smiling without you know some type of uh help now look
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