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Brussels Eyes Wealth Taxes As Europe’s Fiscal Crisis Spirals
Brussels Eyes Wealth Taxes As Europe’s Fiscal Crisis Spirals
Submitted by Thomas Kolbe
A fatal fiscal dynamic has become entrenched across the European Union. In nearly every member state, public spending is accelerating at all levels — from municipalities and social insurance systems all the way up to the European Commission — while the private economy at best stagnates and its industrial core sectors visibly erode.
This dangerous economic imbalance, in which a shrinking private sector is forced to finance a continuously expanding state apparatus, is already producing fiscal consequences visible in...
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Gold Vs Bitcoin: Can Either Usurp The Dollar's Reign?
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Tonight at 7pm ET, wealth manager Peter Schiff will debate bitcoin investor Mark Moss on the future of hard assets and the global monetary system.
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