In case you missed it, pension reform protests in France are increasing because the government wants it’s citizens to eat less and pay more taxes.
And it should come as no surprise that we’re not seeing much coverage from the Whores-Of-Babble-On Presstitutes.
But protestors in France have not let their government silence them.
In fact, last week they stormed the offices of Blackrock in Paris and nearly burned it down.
A protester told CNN:
“The meaning of this action is quite simple. We went to the headquarters of BlackRock to tell them: the money of workers, for our pensions, they are taking it,”
And unlike most failed protests in America – where groups burn down private property of neighbors and small businesses (Cough! BLM, Cough! Cough!) – the Parisians are NOT allowing their government to change their retirement plans.
Sadly, the French government wants the people to make a sacrifice due to the steep budget deficit.
And this is a direct result of their mismanagement of money.
Eat Less Pay More
The scary reality is across the world, governments are taking more from their citizens.
And people are being forced to:
- Suffer to promote the climate change agenda
- Eat less meat
- Drive less
- And even refrain from heating their homes
Ironically (or NOT) inflation has made the cost of living unsustainable.
But that has not prevented governments from raising taxes and demanding more while we receive less.
As a result, the French are making it obvious that the problem is much deeper than a change in the retirement age.
This goes back to what we’ve been saying for years about the Sovereign Debt Crisis in that governments are broke.
And they will all default on their debt sometime in the near future…including the USA.
To further illustrate this point, we’re now seeing creeps like JP Morgan CEO, Jamie Dimon calling for property confiscation to fight climate change.
Are You Sitting Down?
In his annual letter to shareholders, Dimon stated “governments, businesses and non-governmental organizations” may need to invoke “eminent domain” in order to get the “adequate investments fast enough for grid, solar, wind and pipeline initiatives.”
Translation: They are openly planning to steal our property and revoke our freedoms to advance their evil agenda.
In the meantime, they’ll be pushing us to eat less and pay more taxes.
Be sure to read “How to Invest in a Schizophrenic World” in the April edition of “…In Plain English” (HERE).
Share this with a friend…even if they aren’t paying attention to the French protests.
They’ll thank YOU later.
Remember: We’re Not Just About Finance
But we use finance to give you hope.
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