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Keyword: statecrime

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  • Cyprus-Style Wealth Confiscation Is Starting All Over The World

    09/26/2013 7:28:11 PM PDT · by gotribe · 24 replies
    Zero Hedge ^ | 09/26/2013 | Tyler Durden
    Now that "bail-ins" have become accepted practice all over the planet, no bank account and no pension fund will ever be 100% safe again. In fact, Cyprus-style wealth confiscation is already starting to happen all around the world. As you will read about below, private pension funds were just raided by the government in Poland, and a "bail-in" is being organized for one of the largest banks in Italy. Unfortunately, this is just the beginning. The precedent that was set in Cyprus is being used as a template for establishing bail-in procedures in New Zealand, Canada and all over Europe....