Posted by
George Freund
on
October 17, 2013 at 12:09 PM
The debt ceiling is raised, but the consequences are ominous. The IMF has written a report on the subject. In its October Fiscal Monitor Report entitled “Taxing Times" the IMF has opined that advanced economies that fail to aggressively “mobilize domestic revenue" must commence drastic measures to escalate income tax and consumption tax to the point of direct asset confiscation. Of course you live in an opaque dream state. You cannot comprehend that nations which are agents of the people are debt slaves. The dream will turn into a nightmare at some point. The only escape from a nightmare is to wake up. WAKE UP!