muses of the moment

May 17, 2013

No crystal ball needed

If anyone is “shocked, shocked” in the next crisis meltdown that their funds are missing, it will not be because no one formally announced it.

No need to guess what will happen on the next CDS collapse. They will “bail-in” your money. Click here for the details.

It is clear that on the next crisis, Europe will collect bank accounts and brokerage funds and in the US, they will collect brokerage funds, 401ks, and pension funds.

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