Full report: https://www.ey.com/content/dam/ey-unified-site/ey-com/en-gl/insights/tax/documents/ey-gl-shadow-economy-report-02-2025.pdfhttps://i.ibb.co/2YZC8zK0/IMG-20250528-172927-782.jpghttps://i.ibb.co/YT4R48qZ/IMG-20250528-172952-597.jpghttps://i.ibb.co/wZR93XMN/IMG-20250528-173015-983.jpg
Does SN count as part of the shadow economy?
Good question hahaha
lol
Searched the report for Bitcoin, got zilch. Guess they only counted regular money.
https://i.ibb.co/Z6Z0KvyL/IMG-20250528-190250-352.jpg
https://i.ibb.co/hxP5FF73/IMG-20250528-185847-730.jpg
https://i.ibb.co/JRq98G8k/IMG-20250528-190356-006.jpg
Eurodollar system?
I don't get it.
Dollars outside of the purview of the US government and the Fed
Totally. I'm a big believer in a bigger shadow economy; it's how people get out from under the system's thumb. That's why we absolutely can't let them take away physical money or Bitcoin!
so if someone uses cash they are participating in a "shadow" economy, correct?
Only unregistered transactions
LOL
Additional Infographic based on this report, here:
These Are The World's Biggest Shadow Economies #995258