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FSN: Another Warning Sign – NY Times Columnist Favors Capital Controls
Wednesday, April 24, 2013 19:34
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Nick G, International Man
International Man
NY Times columnist Paul Krugman recently penned an article in which he comes out in favor of capital controls.
Not surprisingly, his argument follows the near cookie cutter justification used by governments throughout history to seize more control over their citizens.
- Spuriously shift the blame for the crisis onto foreigners.
- Claim the increase in government control is for “your own good.”
Krugman doesn’t see irresponsible government spending and the resulting debt as the core cause of recent crises in Europe and around the world. Instead, he blames inflows of money by undefined foreigners.
Continue Reading at InternationalMan.com…
2013-04-24 19:31:17
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