iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Rahn: Denial is leading to collective economic suicide in Europe and the United States

“Denial is leading to collective economic suicide in Europe and the United States. The French on Sunday elected a socialist president who wants to raise taxes on those elusive rich and keep spending as if there is no tomorrow.

Many on the left, including European socialists, The New York Times and its economist Paul Krugman, are falsely claiming that Europe and even the United States are being saddled with austerity. ”

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2 comments

  1. Highsurf

    From the article: “There are many nice places on the globe where rich people and their money are well-treated.” I wonder if you’re a US citizen, if you’d really want to renounce your citizenship in order to locate there without US tax obligations. Also, how safe will they be in the future if the civilized world crashes hard (violence, economic collapse, etc.)

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