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Friday, June 28, 2013
MARC FABER : The Rich will be Targeted
At some point, there will be a big reset. In the democracies of the
Western world, large numbers of people will vote against the well-to-do.
Throughout history, minorities have been targeted. Now the rich will be
targeted through some kind of wealth tax or significantly higher tax
rates. Eventually there will be so much antagonism against well-to-do
people that it won't be comfortable.