Top 10 rich celebrities who are actually dirt poor before all the fame. Subscribe to our channel: http://goo.gl/9CwQhg For copyright matters please contact u...

Self Acceptance - A guided visualization to help you stop hating yourself and practice unconditional self love. The Ultimate Life Purpose Course - Create You...

Lulu Miller gives us an animated look into the lives and practices of radio personalities and broadcasters, and speaks to the effects radio can have on us as...

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.

In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.

The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands.

Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same.

On the eve of Rio+20, OECD calls for greening growth to improve the economy, protect the environment, and reduce global inequality. For more info visit: www.oecd.org/rio+20

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Never miss a talk! SUBSCRIBE to the TEDx channel: http://bit.ly/1FAg8hB Scott Geller is Alumni Distinguished Professor at Virginia Tech and Director of the C...

In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TED...