Friday, September 27, 2013

Cyprus-Style Wealth Confiscation Is Starting All Over The World

09/27/13

As we warned two years ago, "the muddle through has failed... and there may only be painful ways out of this."

Now that "bail-ins" have become accepted practice all over the planet, no bank account and no pension fund will ever be 100% safe again.  In fact, Cyprus-style wealth confiscation is already starting to happen all around the world.  As you will read about below, private pension funds were just raided by the government in Poland, and a "bail-in" is being organized for one of the largest banks in Italy.  Unfortunately, this is just the beginning.

FULL STORY

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