Armstrong Economics – by Martin Armstrong
There are New York politicians who continually try to force socialism upon society so a few can live off of other people’s money. The problem is that capital can flee, as we have just witnessed with Amazon bailing out of New York City. Then we have AOC calling it a victory for the little people because they will not have to give them a $3 billion tax incentive to come to NYC. She failed to understand that the $3 billion tax cut was not money the government had to pay Amazon, but Amazon would get a credit for coming to New York. Continue reading “New York City Heading for Bankruptcy”

