Tax the super-rich or riots will rage in 2012 - Paul B. Farrell - MarketWatch
►http://www.marketwatch.com/story/tax-the-super-rich-or-revolution-will-rage-in-2012-2011-08-16?link=home
What a year. Rage in London, Egypt, Athens, Damascus. All real. Just a metaphor in the new “Planet of the Apes” film? No, much more. Warning: More rage is dead ahead. Across our planet a new generation is filled with rage. High unemployment. Raging inflation. Dreams lost. Hope gone. While the super -rich get richer and richer.
But the rich “got richer, by lending, and looked for more places to invest, bidding up securities that eventually exploded in everyone’s face. In both eras, financial deregulation and loose monetary policies played roles in creating the bubble. But inequality itself — and the political pressure not to reverse it, but to hide it — was a crucial factor in the meltdown. The shrinking middle isn’t a symptom of the downturn. It’s the source of it.” Today the consequences of the meltdown still haunt us — there’s more to come.
The next bubble
There’s a new bubble blowing. No one can stop it ... soon it will explode.
#capitalisme
en France tout va bien, dormez tranquille