Italian Finance and Economics Grad Student Explains What Happened in Italy [youtube=http://www.youtube.com/watch?v=rZzJE7i8JWY] 1 - Higher taxes lead to more big government spending spending, not lower deficits. Politicians will spend until they run out of other peoples money. Some Euro states are now confiscating the retirement accounts of seniors to spend.
Video: 5 lessons from the European fiscal crisis
Video: 5 lessons from the European fiscal…
Video: 5 lessons from the European fiscal crisis
Italian Finance and Economics Grad Student Explains What Happened in Italy [youtube=http://www.youtube.com/watch?v=rZzJE7i8JWY] 1 - Higher taxes lead to more big government spending spending, not lower deficits. Politicians will spend until they run out of other peoples money. Some Euro states are now confiscating the retirement accounts of seniors to spend.