Think This Can’t Happen Where You Live? Think Again…
by Simon Black
Throughout history, bankrupt governments in decline almost ALWAYS fall back on a time-tested playbook. This includes imposing controls on everything – wage and price controls, trade controls, capital controls, border controls, people controls. Everything. And this idea goes back to the dawn of human civilization. From Mesopotamia to Rome and from France to Argentina, these policies have been a complete disaster for the country. But as the rest of the world looks on, people in ‘rich’ countries foolishly believe that ‘it can’t happen here.’ So, again, if you think that gold criminalization, price controls, and IRA/pension confiscation could never happen where you live, think again. This is wishful, ignorant, dangerous thinking. It can happen. It is already happening.