Economy

Burford, moreover, is domiciled in Guernsey - which as you know, is infamous for its financial lawlessness.

It's a favored home for both launderers (including drugs and rackets) and tax cheats.

But there's little reason to be hopeful - given the vulture fund precedent.

In that case, you'll recall, a Caymans based money laundry controlled by GOP megadonor Paul Singer bought old, defaulted Argentine bonds on the black market (not from Argentina) for $48 million - and then sued for 16 times more.

Once Trump's pal Macri was elected in 2015, Singer stocked up on almost $200 million - and then cashed in for over $2 billion (an 1,160% return).

It's legalized fraud, plain and simple - and those who applaud it, deserve the same thing (and it does happen - just ask farmers, or Trump contractors).

Thanks for reading and sharing, Alexander. All the Best.