Distracted by the Greek Tragedy the MSM and FTV liars are bombarding them with, most Americans are unaware of Puerto Rico or China as very serious threats to their economy, as intended.
While they are not looking, or hearing, economics today is rhyming with that old Eagles song "Hotel California" where "...you can check out anytime you like, but you can never leave..."
- Have you heard of China's pension selling ban? Selling is prohibited. This is an attempt to stop the Chinese equity market 'bleeding' that has seen values drop roughly 30% in the last thirty days.
If you have a retirement account in the US, you'd better wake up and smell the coffee.
When it hits the fan...and it will...the USG will stop at NOTHING to ensure its survival and the survival of its 'business partners' the TBTF banks They will get a mulligan for screwing up, but the 'little people' won't.
- The seizure and/or forfeiture of retirement asset funds is one of the last financial resources available to it.
The CIA, Pentagon, and Homeland Security have been gaming economic collapse, and blocking the sale of retirement funds in the event of a financial collapse IS one of the strategies being gamed.
- Of course, there will be collateral damage to the retired and would-be retired who, like their Chinese cousins, will only be able to helplessly watch their retirement accounts being 'stolen' right before their very eyes.
At least everyone can take comfort in the knowledge that government can manage your personal finances better than you can, and that they really care about you as an individual.............
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