Will The Swiss Vote to Get Their Gold Back? . . .

Started by redcliffsw, September 16, 2014, 06:48:32 AM

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redcliffsw


The Swiss tradition of bank secrecy is legendary. The reality, however, is that Swiss bank secrecy is dead. Countries such as the United States have been unwilling to keep government spending in check, but they are running out of ways to fund that spending. Further taxation of their populations is politically difficult, massive issuance of government debt has saturated bond markets, and so the easy target is smaller countries such as Switzerland which have gained the reputation of being "tax havens." Remember that tax haven is just a term for a country that allows people to keep more of their own money than the US or EU does, and doesn't attempt to plunder either its citizens or its foreign account-holders.

http://www.lewrockwell.com/2014/09/ron-paul/an-urgent-message-to-the-swiss-people/



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