Friday, August 22, 2014

A Pattern Of Wealth Confiscation

You should read this report about Portugal and wealth confiscation:

So don’t forget the pattern:
  • Country gets into serious financial trouble;
  • Official government denials;
  • Surprise bank holiday/capital controls; and
  • Confiscation.

http://www.zerohedge.com/news/2014-08-22/portugal-next-line-wealth-confiscation

Portugal indeed may be the "next in line", but can the US wealth grab be far behind?

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