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What does wealth migration cost the West?

$1.2 to $1.5 trillion in tax income lost by the West by 2030 on the wealth that departed, money that paid for pensions, hospitals and schools, now taxed in Dubai at 9% instead of Paris at 45%. Behind it sits the gravity shift: the BRICS economies produce $31.9 trillion a year and build their own payment rails outside the Western system.

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