FabSwingers.com forum: FT article - The long and painful journey to world disorder

By (user no longer on site) OP
over a year ago

https://www.ft.com/content/ef13e61a-ccec-11e6-b8ce-b9c03770f8b1

Worth a read!

By (user no longer on site)
over a year ago

We had a good economics model from 1945-1980.... It was called having inflation and the rich paying their fucking taxs.

What we actually need is political leaders like Roosevelt instead of political leaders like the tsar of Russia

By (user no longer on site)
over a year ago

Does anybody know what the top rate of tax in the US was in the booming 50s??....90%.

Still had loads of entrepreneurs and technological advancement, still had millionaires, still had major corporations and masses of small business.

During the height of the depression with an ever dwindling GDP he spent big money on big infrastructure, he got the richest people in America together and told them..... Your GOING TO PAY and if you don't I'm going to put a 99% federal tax on you and a 99% inheritance tax on you!!... But for paying you'll get free infrastructure a prospering economy and a good % back on your investment!!.

Faced with this they paid up...

Right now the British virgin isles and tax havens have 17 trillion dollars in it, it has no frigates, no army and no air force... Let's have an invasion of somewhere that actually works in OUR favour for once

By (user no longer on site)
over a year ago

PS that's just a metaphor for making conglomerates and billionaires pay taxs!.

I don't actually advocate a virgin invasion

By (user no longer on site) OP
over a year ago

"Right now the British virgin isles and tax havens have 17 trillion dollars in it, it has no frigates, no army and no air force."

Well, to be fair, it actually has soepmething like the 5th biggest military in the world (depending, I suspect, in how it's measured).