Note: There is a now 'obscure' novel by Sinclair Lewis called "It Can't Happen Here" that is worth reading for many reasons, and on many levels.
- Consider this one...wealth confiscation by spendthrift and broke governments.
There is a definite 'pattern' you need to be aware of:
- A government gets into serious financial trouble. [read: broke, insolvent]
- They deny there is ANY problem whatsoever, and tell their citizens not to worry...everything is just fine.
- Said government then conducts a 'surprise' wealth grab from its citizens.
It happened in Cyprus and Spain when bank deposits were looted; retirement savings have been confiscated in Poland,Portugal, and Hungary; capital controls have been imposed in Iceland (just by way of example).
- Of course, these examples are 'just' in Europe, and 'just' recently, but....they can and will happen anywhere at anytime.
This is coming to a neighborhood near you.............
Saturday, 23 August 2014
Wealth Confiscation..................from Rico
From Theo Spark at 10:10
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment