I don't know a shit-ton about money—like breast-induced back pain or facial symmetry, I can't brag about having a lot of it—but this new report from the Tax Justice Network on the trillions hoarded by the wealthy into offshore tax havens, seemingly just for the sake of being money-grubbing hoarders, is maddeningly fascinating. Via Rawstory:

Nations’ problems of debt and deficit could be easily solved by applying taxes to profits held in offshore tax havens, where the global business elite have hidden up to $32 trillion to skirt their responsibilities to tax agencies all over the world, the liberal-leaning Tax Justice Network reported this week.

The Tax Justice Network said that its estimates of wealth held in offshore havens ranged from $21 trillion to $32 trillion — the lowest of which is still massively larger than the roughly $11.5 trillion held in those same havens in 2005. The latest report refers to the practice of hiding wealth as “the dark side of globalization” — and shows that practice is still growing rapidly.

For perspective, the entire gross domestic product (GDP) of the U.S. economy for 2011 was $15.9 trillion, whereas U.S. public debt (household debt plus government debt) stands at about $15.8 trillion. If $32 trillion were dolled out evenly to every single American citizen, each person would receive about $102,698.

The article goes on to explain in very simple terms the differences between Obama and Romney's plans for revitalizing the economy. It's not new information, but when taken in the context of trillionaire tax havens, it's pretty revelatory.