The macroeconomist Wu Chia-lung believes China’s economic activity has weakened, predicting the collapse of the CCP. He draws parallels with historical dynasties and points to disguised tax increases, money printing, and citizen revolts. Adam Smith’s views on taxation in the US are also mentioned, particularly the 16th Amendment’s non-proportional federal income tax and its implications for state sovereignty.
Tag Archives: responsibility
Where Do All De Money Go?
Wild, unaccountable spending is destroying the United States of America. Have you any idea the magnitude of our $30 trillion national debt? A stack of 30 trillion US dollar bills could bridge the distance between the earth and the moon 8-1/2 times! Tucker Carlson lays it out in this video: This is shameful. Audio excerpt: …
John N. White 