14 Comments
Apr 18Liked by John Day MD

Digital ID's mean:

There is nowhere left to hide...

Digital Currencies mean:

There is nowhere left to hide...

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Debt free! Until debt is created for you, ask the Greeks!

Pretty well all greeks were debt free before the crisis. This is because no greek bank offered credit cards, except to the wealthy (and these were instantly cancelled if an account dipped below 50,000 euros, even for a few minutes), nor is there such a thing as a mortgage or personal loan. Thus almost all property is owned outright and the question of personal credit ratings is unknown.

Tax on property pre-crisis was exacted through the municipality. If there was a second property tax was paid to the state. Come the crisis a new tax was placed on the first property, THUS double taxed.

Greek housing was constructed by greek families or collectively for apartments. Unable to pay the tax....confiscation follows.

Solidarity with the migrants, solidarity with Ukraine, solidarity with Covid and natural disaster victims (fire, earthquake, floods)! A special "tax' of 600 euros per annum per household per special 'solidarity' exacted, paid in "doses" by most households since the average salary is 700 per month. These taxes do not go away but are reduced over time so that about 17% of monthly income is exacted by the state. Meanwhile water and electricity bills triple and quadruple and are paid in "doses". Food doubles.

My aunt dies and I inherit her flat, worth 230k. Am forced to sell it since I cannot afford the new inheritance tax of 75,000 euros to be paid within 6 months of the probate. Six years later I'm hit with a bill of 8k by the state for the furnishins of the flat. No government official visited the flat, it could have been empty. But if I don't pay this bill, my own home will be confiscated, sold and whateveris left over from the 8k deduction will not be returned to me. ie there is no reduction.

Not only lawfare but taxfare!

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Apr 18Liked by John Day MD

Out of the park right off the bat on your opening comment, agreed. Nothing quite like having your own eats from the yard! Peace out.

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I'm on the wrong edition, but I loved the photo of the banana tree! I know some people in northern Maine were growing various banana types in a greenhouse; easier with the small ones? which I first saw in the Floating Market in Bangkok. In Singapore we visited an orchid farm which had bananas growing because the orchids were fed with coconut milk, mashed banana, and tomatoes! An orchid grower in the UK asked me how they kept the mold at bay, but I had no idea other than that these orchids were very coddled and well-tended.

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