Posted May 22, 2014 by Martin Armstrong
The hunt for loose change everywhere is going full blast. Of course, while German tax revenues have increased 13.4%, this is not a trend that is sustainable. They are basically extorting money with tax law. However, the morons never look too far past the end of their nose. They cannot see that they are draining capital for past gains, not benefiting from expanding economic activity. There is ZERO chance that this trend will be sustainable.