Prepare to be taxed.
Behind the veneer of “all is well” being promoted by both world Governments and the Mainstream Media, the political elite have begun implementing legislation that will permit them to freeze accounts and use your savings to prop up insolvent banks.
This is not conspiracy theory or some kind of doom and gloom. It’s basic fact.
In the last 16 months, Canada, Cyprus, New Zealand, the US, the UK, and now Germany have all implemented legislation that would allow them to first FREEZE and then SEIZE bank assets during the next crisis. I expect more countries to join this movement. The IMF actually openly suggested it as the best means of dealing with future crises in the financial system.
Outside of this, we’ve also seen the beginning of moves to ban the use of physical cash in France, Spain, Uruguay, and elsewhere … as well as a growing chorus of experts calling for negative interest rates and possibly even a “carry tax” on cash itself.
You can read the rest @
http://www.zerohedge.com/news/2016-01-02/prepare-global-wealth-carry-and-property-taxes-coming
Perhaps it has something to do with this trend - sovereign debt defaults:
https://www.project-syndicate.org/commentary/sovereign-default-wave-emerging-markets-by-carmen-reinhart-2015-12
No comments:
Post a Comment