Two top advisers to German Chancellor Angela Merkel have called for a tax on private wealth and property in eurozone debtor states to force the rich to fund rescue costs, marking a radical new departure for EMU crisis strategy.
Here is more. I tell you again, this will be a major issue for the next twenty years and not just in the eurozone. Take a look at all those state and local U.S. pension funds expecting seven percent rates of return.
Notice of the article is from @LindaYueh.