Wednesday, October 22, 2008

My fear is that governments in the US, Britain, and Europe will display similar reflexes. Indeed, th

Argentina seizes pension funds to pay debts. Who's next?

My fear is that governments in the US, Britain, and Europe will display similar reflexes. Indeed, they have already done so. The forced-feeding of banks with fresh capital - whether they want it or not

Posted by big chris @ 07:29 AM (583 views)
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4 thoughts on “My fear is that governments in the US, Britain, and Europe will display similar reflexes. Indeed, th

  • Whostolemyendowment says:

    I don’t have a house, or own the debt on one, no pension, and minimal savings…..so guess the only thing they can have is my emaciated body (for soylent green production) or my soul to sell to the devil….screw you world, I’m off to the park with a cheap bottle of sherry.

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  • Eternal Sceptic says:

    I do believe with crash gordon a person could say; “Been there, Done that, Got a nice shiny new teashirt”

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  • stillthinking says:

    Comment from the site says it all, vis a vis public pensions.
    “Their pensions don’t have a pot to seize, so it ought to be safe. “

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  • Part of my pension fund is being built up in my growing Betfair account. But people tell me I’m gambling.

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