Eurogroup Head Jeroen Dijsselbloem: ‘Levy On Wealth Is Defendable In Principle’

Dijsselbloem: “Levy On Wealth Is Defendable In Principle” (ZeroHedge, March 26, 2013):

While France’s Hollande and Spain’s Rajoy are double-teaming the ‘unique, exceptional’ nature of Cyprus, the non-template nature of the ‘deal’, the need for Europe-wide guarantees, and that the ESM should be used to recap banks and not depositors, none other than Dutch FinMin Dijsselbloem is at it again as he admits what many have suspected:

  • *DIJSSELBLOEM SAYS LEVY ON WEALTH IS DEFENDABLE IN PRINCIPLE

and, as if responding to the desperate French and Spanish leaders:

  • *DIJSSELBLOEM SAYS DEPOSIT GUARANTEE SYSTEMS ARE NATIONAL

It would appear our views are increasing appearing true – that a wealth tax is coming in much more systemic a manner than many expect currently.

2 thoughts on “Eurogroup Head Jeroen Dijsselbloem: ‘Levy On Wealth Is Defendable In Principle’

  1. “The value of goods are expressed in money, while the value of money is expressed in goods. Money and goods are clearly not the same things, but are exactly opposite things. Goods are wealth which you have, while money is a claim on wealth which you do not have. Goods are an asset; Money is a debt. If goods are wealth; money is clearly not wealth, it is negative wealth, maybe even anti-wealth.” — Carroll Quigley

  2. Grabbing anyone’s money, regardless of how rich they might be is theft and it is undermining the banking system of the world. It took us 80 years to build up trust after the crash of 1929, these crooks have managed to destroy it in a few days. There is NO excuse for this.
    The economy will contract like crazy, cash will vanish.
    These crooks belong in jail.

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