Seizing pension funds in Hungary or America just pushes the day of reckoning a few years down the road. In three to five years at the most, the seized capital is liquidated, the debt is worse and the governments won’t even be close to able to make the promised payouts in real value terms. In fact, they will have all long since defaulted and the currencies become worthless, even if the governments somehow survive. Fascism is the almost inevitable temporary fix.
Actually, it moves it up to the next day.