- it would be nice if it did - it was, after all, the upper class that created the debt in the first place - unfortunately "finance" and the upper class are, if not the exact same people, certainly feeding from the same trough.


- it would be nice to see this "sagging" in practice. It did, I believe, occur on the British upper class during the 1920's and 1930's. Unfortunately, today, they have been replaced (after what, a 50 year interlude ?) by a much more robust and resilient upper class via global capitalism. If some people have their way they will become virtually impossible to tax at all.


 Just read an interesting article/review about Thomas Piketty's new book "Capital", written by a well respected English economics journalist Paul Mason. Here it is :- http://www.theguardian.com/books/2014/apr/28/thomas-piketty-capital-surprise-bestseller. What do you think Coincube ? Inherent contradictions within capitalism ? Sounds a bit like Marx doesn't it   ? Sounds to me like Professor Piketty has absolutely hit the nail on the head AND managed to capture the zeitgeist.
   (ps. interesting he mentions the Marikana mining massacre - if that incident had occurred in Zimbabwe the PM would be calling on Parliament to send in the troops - unfortunately it happened in South Africa. The mine there is own by a London listed UK company, Lonmin. The miners were shot for demanding more than what they were getting - namely living conditions that we in the west wouldn't deem worthy of our pet dogs. 34 men dead. Welcome to global capitalism.)



ps. why are you quoting Anonymint in an article on economics   ? Don't you know that he's only paraphrasing Martin Armstrong, and that Armstrong is only paranoid that TPTB are gonna come hunting for his ill gotten gains again