Martin Armstrong Exclaims "The Entire Social Contract Is Collapsing"
Submitted by Martin Armstrong via Armstrong Economics,
The German high court has ruled that children MUST take care of their parents even if they have not spoken to them in 27 years.
The entire social contract is collapsing.
The historical norm of children taking care of their parents was displaced with the New Deal where government stepped in to provide the safety-net.
Now the high court has ruled that it is the child’s responsibility. So what are all these taxes for?
German politicians earn more than 4 times the average politician. Government costs money – it is not an entitlement to extract taxes from the people.
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