In engineering, it’s called a cascading failure. Event one, oil running out, causes event 2, blown bearings, causes event 3, locked wheels, causes event 4, multi-car pile-up, causes event 5, massive shooting incident as protection teams assume it’s a trick, causes event 5...ending with the fall of banks, nations, the European economy, the Fed steps in with a massive cash infusion, Unicorns appear. Cue dramatic music…The oceans begin to recede, Earth begins to cool, we have a dialog on race, everybody kills everybody else, ‘cause these things to not work out.
Those one time emergency taxes never turn out to be the solution because elected political trash...those that get elected to rob Treasury’s around the world lack the fortitude to cut programs and other give-a-ways.
I know we’re talking about Italy but the same thing is happening here.
What a terribly covetous nation we’ve become. Esp with all the uncivilized ‘perfect voters’ demanding to live as well as the taxpaying hard workers.
The only solution I see is a poll tax based on property or wage taxes.
California was Cyprus before Cyprus was Cyprus.
Anyone see The Weekly Standard’s recent cover article on that state?
I was amazed to learn 1/3 of the nation’s welfare recipients are from California.
Heck, you add in New York (city) and Chicago...I bet you’ve got 40%....
This should be sent to each and every one of our elected officials....daily if not more often.
Italy was another Cyprus before Cyprus was, Mr. Mike Hedgehog.