Wednesday, January 5

3 Euro nations reportedly seize private pensions

Y'know, I hate to so often be a bearer of worrisome news, but as the U.S. and rest of the world approach the precipice, 'things is startin' to get serious.'

This latest bit is from Veronique de Rugy who reports that three European governments have either already confiscated or are about to confiscate private retirement accounts. Two other European governments are using emergency reserve funds to keep some pension funds afloat.

Oh, but you say, "that's Europe! That could never happen here!"

Ah. Well in that case, nevermind.


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