mai said:
Maybe I'm not quite getting your thought here? If wealth creation is located elsewhere, I'm not sure whom you're going to tax? And what you're planning to achieve with that? In most developed countries population is a huge debtor as a whole. Even over here it's a net debtor, in other words all individuals as a whole owe more than they lend, even though it's a vey modest minus so it's safe to say the balance is around zero. While in the US similar balance in multi-trillion red zone. Tax who? |
90% of the population are in debt to the other 10%.
and there will be no peak oil, the oil industrie is fine with 100$/b and the world is able to pay that price.
and the consumtion could decline in the next 20 years. europe is slowly starting to use power-to-gas, and china will follow soon. green energies need storage, and H² or other gas fits that needs well.
