July 8, 2014
Matheny's Note: The old saying of "follow the money" in this case shows that middle class families are feeling the pain of government intervention in the economic sector. Families are paying in higher taxes while corporations get a pass. This is not a recovery, but a restructure of our country, consolidating power into the hands of a few and securing of Elite family "Dynasties" who really run things here in the U.S. and around the world....
Households are bearing the weight of austerity, while corporate taxes are reduced. This can't last, says Luca Paolini, chief strategist at Pictet Asset Management. He tells John Authers why emerging market government debt is a risk worth considering.
For more video content from the Financial Times, visithttp://www.FT.com/video