By: Gordon Long
Thu, Feb 28, 2013
Bushfire Battles Blazing
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:
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.
- Nationalized Private Pensions, plundering the retirement savings of her people.
- Increased Tax Rates across the board– income, VAT, import duties, etc. as well as imposed a new wealth tax.