Gains Pains and Capital – by The Phoenix
The world is moving towards Socialism.
This means wealth taxes and wealth grabs are coming.
In Europe, populist movements are on the rise, all of them vehemently opposed to any kind of austerity. The fact that these groups are gaining political clout when the EU economy is doing relatively well indicates that they will only be more powerful as soon as the next downturn hits Continue reading “The Fed’s Plan to Seize Savings During the Next Downturn”