Trickle-down economics doesn’t work, as protest movements worldwide show – Keiser Report — RT Business News

Trickle-down economics doesn’t work, as protest movements worldwide show – Keiser Report

“They were rebelling against the price of the gasoline – it was the starting point. And then it built up on inequality,” he said, adding that behind the “spectacular frontline” where people clashed with police, there were “clusters of people talking mostly about tax inequality.” And this “free talk” means there’s greater public discontent brewing.

“People talking is always the sign of genuine insurgency movements. In the midst of the protest it felt like the French revolution must have been like this. I don’t know if it’s conscious in the people’s heads. There is this mix of politics, vulgarity, anger, something that is not controllable and it could go either way,” he said.

Given the extent of the public anger, Moreira believes the measures the French government has taken to calm the protests will not be enough in the long run, and the entire economic system must undergo drastic changes.

via Trickle-down economics doesn’t work, as protest movements worldwide show – Keiser Report — RT Business News