(Via the Drudge Report)
Looters gonna loot–until the lootees say not no, but “Hell no!”
I wonder how long it will take before governments figure out that those with money plan on keeping it, and that they’ll do whatever they need to in the process. I remember the 70s, when there was a virtual flood of such folks coming out of Great Britain over their idiotic tax policy—which they’re thinking of repeating, by the way. This feels much like that, except they’re all doing it.
Prepare for a flood of exit taxes to be enacted by governments around the world in reprisal, and prepare for a few smart countries to take advantage of this situation.
Can someone pass the popcorn?