CIA agent: We blew up Building 7, page-8

n interesting article and worth a read.
By Alan Kohler.

Tax wealth and consumption rather than income

http://www.theaustralian.com.au/bus...e/news-story/ad59f73232b9ac8f4ed39876fee28658

What if wages growth never recovers? What if the decline is secular, not cyclical?
It’s always dangerous to come out with “this time is different”. Usually as soon those four words escape your mouth, the cycle whacks you over the head to remind you about human frailty.