S8 Ep515: Preview for later today: Craig Unger explores how $40 to $60 trillion in offshore banking fuels international scandals, money laundering, and political turmoil involving figures like Trump and Putin.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 25 February 2026
⏱️ 2 minutes
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Summary
Preview for later today: Craig Unger explores how $40 to $60 trillion in offshore banking fuels international scandals, money laundering, and political turmoil involving figures like Trump and Putin.
Transcript
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| 0:00.0 | This is John Batchel, a conversation with colleague Craig Unger, author of American Compromat and House of Trump, House of Putin, about the fuel for illicit activity around the world, no matter whether it's exploding young people or laundering money or moving drugs or funding arms shipments to danger zones. |
| 0:23.9 | It's the offshore banking, a big number, a very big number, of money moving around twice |
| 0:30.4 | through the American asset economy. |
| 0:32.2 | Craig explains the fuel for all of the scandals and turmoil we're now experiencing is cash. |
| 0:41.5 | Much more of this tonight and in subsequent weeks. |
| 0:45.7 | No, not at all. |
| 0:46.5 | And I mean, it's really interesting. |
| 0:48.8 | I mean, I think if you look at the world of offshore banking, you have a world, the estimates are somewhere between |
| 0:57.0 | $40 trillion and $60 trillion. That's an economy approximately twice as big as the entire |
| 1:06.6 | United States. And within that world, two figures were enormously powerful. One was Donald Trump, |
| 1:14.4 | was with Vladimir Putin, and another figure who played a very, very interesting role was Jeffrey |
| 1:20.7 | Epstein. So I think it's worth looking at the chaos we're going through in the United States, all the political turmoil, the rise of a right-wing populist force like MAGA. |
| 1:37.3 | It's fueled by those trillions of dollars. |
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