Currency Wars: Part II – Bushfire Battles Blazing

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Currency Wars: Part II – Bushfire Battles Blazing

By: Gordon Long
Thu, Feb 28, 2013
http://www.safehaven.com

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Bushfire Battles Blazing

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Bushfire battles are igniting everywhere around the globe. The underlying problem of liquidity pumping by the developed economies is is increasingly causing widening distortions in the following hotspots:

Japan
Argentina
Venezuela
Europe
Switzerland

Following the Argentina Road Map

The developed world is clearly following the well trodden Argentinian Road Map. Whether intentional or simply the natural consequence of unsound money, the unfolding similarities are eerie.

  1. Nationalized Private Pensions, plundering the retirement savings of her people.
  2. Increased Tax Rates across the board– income, VAT, import duties, etc. as well as imposed a new wealth tax.

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Please click the link to see the complete article.
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About ace5ace

60, roaming the Ozarks.
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