Wednesday, September 25, 2013

You Really Believe Your 401K is Safe? Read This!

Cyprus-Style Wealth Confiscation Is Now Starting To Happen All Over The Globe

Michael Snyder
Economic Collapse
September 25, 2013
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.  The precedent that was set in Cyprus is being used as a template for establishing bail-in procedures in New Zealand, Canada and all over Europe.  It is only a matter of time before we see this exact same type of thing happen in the United States as well.  From now on, anyone that keeps a large amount of money in any single bank account or retirement fund is being incredibly foolish.~

http://www.prisonplanet.com/cyprus-style-wealth-confiscation-is-now-starting-to-happen-all-over-the-globe.html

You Must Read This!!!You Must Read This, The Truth Is Out There

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