Panama Papers is explained with a cute comic about piggy banks

Have you ever heard about Panama Papers? We can simply understand it is “a massive document leak reveals a global web of corruption and tax avoidance.” But, in order to know what is happening more clearly, you’d better check out the super cute comic by vox.com below!

Panama Papers and the “piggy banks” story

Recently, a brilliant redditor called DanGliesack has used piggy banks to make readers understand all the main and even complicated things in Panama: “foreigners setting up Panamanian shell companies to hold financial assets that obscure the identities of their real owners.” Thinking the comparison could be turned into a comic, vox.com came up with very adorable illustrations to give us the key issue of the Panama Papers scandal. Here you go!

Imagine that you want to save quarters (coins with each worth 25 cents in the U.S.), so you put them in a piggy bank and place on your closet shelf. However, your mom checks it every day to see how much money you’ve got and take them out. You don’t like that at all and decide to get another piggy bank. Then, you have two money containers in total. To “protect” the second bank, you secretly ask Johny to help keep it at his house without anyone checking up on it.

The neighborhood kids somehow know that and think it is a great idea. As a result, they bring their piggy banks to Johnny’s to hide as well. But, unfortunately, one day, Johnny’s mom finds the piggy banks and gets so angry that she calls everyone’s parents to tell them what is happening. Well, it seems like the kids will not have a good ending.

So, in real life…

The document leak is like “Johny’s mom” informing us of lotsa “kids”, or important and powerful people, being hiding their money (“piggy banks”) in Panama (“Johnny’s house”). Of course there’s gonna be many different reasons to explain their actions. Say, maybe you just do it for your privacy. Yet, there can be someone who stole money and hid it away. Anyhow, soon we’ll know who had bad purposes. Though, those who “hid their piggy banks at Johnny’s house” will still in trouble.

(Source)