Europe Considers Wholesale Savings Confiscation, Enforced Redistribution
GIH: Scary revelations coming from the EU, regarding ‘bail-in’ strategies funded by savers. How this ‘confiscation’ of assets is to be structured and sold to the public (if they have a choice) remains to be seen. But even having such a discussion should make anyone with any assets in Europe worry. Cyprus was a ‘test […]
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