March 28, 2013 at 01:03 AM EDT
Marc Faber: "I Am Sure Governments Will One Day Take Away 20-30% Of My Wealth"
We cautioned readers in 2011 that in a broke world in which the ridiculously named "muddle-through" has miserably failed, a global wealth tax seeking to expropriate some 30% of all financial assets is coming. As a reminder, back then we said that "all attempts to eliminate the excess debt have failed, and for now even the Fed's relentless pursuit of ...
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