Euro Chocozone Buyer Posted August 17, 2016 Report Share Posted August 17, 2016 The catalyst - to spur a rush of foreign buyers http://www.zerohedge.com/news/2016-08-15/wealth-tax-looms-greeks-forced-declare-all-assets-tax-authority The Central Bankers Are Preparing A Wealth Tax & Greece Is The Guinea Pig - Episode 1049a Hi All, Just recently there are new reports about a Wealth tax which is - very likely in my opinion - going to be imposed on the Greek people, I mean the Greek citizens, and they are the guinea pigs for all the other citizens in the developed world. This might be the event that will spook the rich and cause a capital exodus out of the developed world, as suddenly the 1pct will realize that even doing nothing will carry a significant risk and for me this is the event that might cause the "real" rally to start. The fear of loss is a bigger motivator than capital gain and PH real estate will be an excellent hedge against this. I see the beginnings of an enormous rally in PH real estate. What other good countries are there outside of W.Europe/USA-Canada/Japan/Australia-NZ? --- all these nations will impose wealth taxes in my opinion. And there are information sharing agreements amongst all OECD member countries so all these countries are high risk now. That s all for now. Link to comment Share on other sites More sharing options...
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