American history clearly shows why we revolted against the British.
“Taxation without representation.” (Remember high school history class…the Boston Tea Party?)
It’s the same course every nation faces when desperate governments run out of money. They steal tax anything that moves to cover-up their mistakes…and they NEVER admit they’re wrong.
Eventually they bankrupt their nation and the people revolt.
Venezuela is a classic example of a bankrupt nation in chaos.
How can a country with the largest proven oil reserves in the world (they have more than Saudi Arabia) fall into such dire straits?
Let’s sum this up in one word. Corruption.
Corruption has been around forever but, it’s magnified when you have a Socialist/Marxist attitude among the citizens.
Everyone is equal. Therefore, everything should be free and distributed evenly among all.
Sounds great in theory but when a society believes and practices that mind set, the end is near. Again, look at Venezuela.
This is not rocket science.
Here’s the irony. When desperate governments are broke, they create new laws (taxes) to cover their mistakes. However, instead of these laws fixing the problem, they make things worse. (Think of a dog chasing its tail).
What happens when most of a country’s population collects ‘handouts’ and the minority has to pick up the tab?
If you know the answer, then you know where we are in America today.
If you’re not sure, then it’s time you start “connecting the dots” of the global puzzle. Not only will it help you see the big picture and how it affects market trends…you’ll be able to stay ahead of the crowd.
Who wouldn’t want to do that?
See how to “Connect the dots” (HERE).
You’ll thank us later.