Friday, April 19, 2013

Europe Considering Mandatory 15% of Wages To be Taken For Pensions

armstrongeconomics.com / By Martin Armstrong

There will be no HYPERINFLATION. That assumes government sits on their hands and blindly just prints to try to please everyone. They are by NO MEANS nice people. This is about them maintaining power. They put the Euro to a vote, got it, the people will NEVER be allowed to ever vote again. The European Parliament is federalizing Europe from a power perspective, but have no intent of giving anything back to the people.
They have created a bogus study that now claims the South is richer than the North so any further bailouts will be the confiscation of their property. This is invasion of Southern Europe without troops. Perhaps we will go all the way back to Roman defaults – they confiscate your children and sell them into slavery.
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