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The Scott Ross: If A Fiscal Cliff Kills, Canada Should Tax Death

“In this world nothing can be said to be certain, except death and taxes.” – Benjamin Franklin

The fiscal cliff in the United States did not just endanger its own country’s economy but the world’s, including Canada’s heavily dependent one. But in the American problem lies, at least partially, a Canadian solution: an estate tax.

The inability for Democrats and Republicans to prevent the fiscal cliff and the current uncertainty relating to the world’s largest economy is threatening the fledgling global recovery.

Canada, a country whose economy is always extremely vulnerable to external crises, is now only more so.

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The Quantum Buddha's Blog: Einstein’s Estimation of the Age of the Universe

According to Einstein, when objects approach very near the speed of light (one of the boundary conditions of the universe) the passage of time will slow, among other bizarre effects.

The universally accepted theory (proven by atomic clocks) is that if you had two identical twins, and one climbed into a very fast space ship and left earth at near the speed of light on a circular journey around some distant star and back, that the twin that left earth would return as just a few years older, while his brother could be many years older.

A Thought Experiment:

Two

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