Australia to begin implementing global-elitist economic system by directly confiscating citizens’ savings

‘The globalists’ war on cash is continuing as Australia is set to actually begin taxing physical monetary holdings – in other words, savings.

According to Martin Armstrong of financial advisory firm Armstrong Economics, the compulsory savings tax to be implemented by the continent Down Under is part of what he and others have described as the “new age of Economic Totalitarianism.”

“Australia will be the first to introduce a compulsory tax on savings. This is the ultimate Marxist state, for now anyone with spare cash is the enemy of the conservative Tony Abbott government,” Armstrong wrote.’

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