Armenia Turning to Revolution? | Armstrong Economics

The protests in Armenia are continuing. Now Al-Jazeera reports that the soldiers are joining the people. Back on April 23rd, Armenia celebrated the resignation of Serzh Sargsyan, the man who had ruled Armenia for ten years as president/dictator and then for a week changing his title to the Prime Minister. Everyone celebrated and shops ran out of champagne. However, the protesters are back on the streets now realizing that you can get rid of the head of state, but the bureaucracy remains. That is our problem in t6he USA where the bureaucracy is trying to overthrow Trump. As most put it in Armenia, they overthrew the “tsar”, now they are protesting to overthrow Tsarism. The new acting Prime Minister, Karen Karapetyan, represents the status quo ruling Republican Party without standing for election as in the European Commission. Now we can add Armenia to the long list of countries where people are rising up against the establishment.
— Read on www.armstrongeconomics.com/world-news/civil-unrest/armenia-turning-to-revolution/

Greece Going After People Who Rent Their House Out for Taxes | Armstrong Economics

The Greek tax authorities are really destroying any semblance of a free society all to satisfy the EU. Tax agents have been pretending to rent houses for a vacation and then monitoring if the people pay taxes. The government is pro-actively sending out people to do business and they are looking to see what you do. God help you if you do not report finding €10 in the parking lot. The Greek people have gotten NOTHING out of the Euro. Had they stayed out of the Euro, tourism would be up for it would be the cheap place to go, although it has finally risen 8% in 2017 as the cold weather in the north has sent Europeans fleeing to the sun. As tourism hit a record high, the tax man wants their action.
— Read on www.armstrongeconomics.com/world-news/taxes/greece-going-after-people-who-rent-their-house-out-for-taxes/