Poland Just Went Argentina

[camberiu]

Poland nationalizes half of all pension funds to cut sovereign debt load.


Things will start getting really ugly in Europe. I can see the US doing the same with all 401K accounts one day.

 

[ghost]

Poland nationalizes half of all pension funds to cut sovereign debt load.


Things will start getting really ugly in Europe. I can see the US doing the same with all 401K accounts one day.

Maybe with some government pensions but not 401Ks

 

[camberiu]

Maybe with some government pensions but not 401Ks

Yeah, and the US did not use to torture people or hold them in captivity without trial either.

 

[mulderfox]

Yeah, and the US did not use to torture people or hold them in captivity without trial either.

yes and the us never had a base in guantanamo to hold their prisioners like the polish did. right?

 

[lucha54]

Maybe with some government pensions but not 401Ks

maybe your old enough so you dont live to see the day, but im in my late 20s and at this point have already lost faith in the us govt having my back financially when or if i make it long enough to need it.

 

[camberiu]

Suspending Habeas Corpus is really the hardest thing to do. Once you are able to pull that off, like the US did with the Patriot Act and the NDAA, everything else by comparison is very easy, including the nationalization of retirement accounts.