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To: SkyPilot
A lot of interesting schools of thought. On one hand, some are convinced the market all of our IRA's and 401k's are invested in is so over valued that it is bound to crash in an event that people will talk about for 100 years. So it follows if the government seized all of it they would get essentially nothing because it has no value.

However, if the government decided they were going to seize foreign held assets, like buildings, property etc.... and if they decided they were going to focus on Saudi, Kuwaiti, Iraqi, Iran, Cutter, Pakistan, Lybian, Syrian, etc etc .... these foreign held assets.... well, who would be opposed to that? A very small number of people?

6 posted on 01/31/2015 7:14:52 AM PST by kjam22 (my music video "If My People" at https://www.youtube.com/watch?v=74b20RjILy4)
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To: kjam22
A lot of interesting schools of thought. On one hand, some are convinced the market all of our IRA's and 401k's are invested in is so over valued that it is bound to crash in an event that people will talk about for 100 years. So it follows if the government seized all of it they would get essentially nothing because it has no value. However, if the government decided they were going to seize foreign held assets, like buildings, property etc.... and if they decided they were going to focus on Saudi, Kuwaiti, Iraqi, Iran, Cutter, Pakistan, Lybian, Syrian, etc etc .... these foreign held assets.... well, who would be opposed to that? A very small number of people?

You are a wise poster. You see things.

Here is what I believe: the coming crash will be Global, and very, very deep. Seizing IRAs and 401Ks will almost be an afterthought compared to the global seizure. There are still Trillions in retirement savings - in fact - the only place left that government has not stolen. But make no mistake, each IRA and 401K will lost a lot of its value in the coming crash. That is why the governments will get away with issuing "bonds" for your money.

28 posted on 01/31/2015 10:55:21 AM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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