Incorrect. The EU will not be able to buy all the bonds forever. They are bankrupting the pensions by doing that. They would then need to bailout the pensions. After that they will have to bailout everything else they destroy with ZIRP. After a while, they will be the entire economy, which means economic devastation and flight of confidence.
RE: Taxes destroy all of us rich or poor
7 years ago
in#tax
4 Comments
RE: Taxes destroy all of us rich or poor