RE: Will Retirement Accounts be Nationalized by Obama and the Democrats?
You will notice that this Cyprus crisis came as a result of the country needing a bailout ( they have NO MONEY to pay their current expenses and they can’t print anything as they’re operating on the printing presses of the EU in Brussels ).
We in the US on the other hand, can continue to PRINT like there is no tomorrow. So, our Retirement Accounts don’t have to be nationalized ... America will pay her debts via DEPRECIATED Dollars.
Nationalization will only come when lenders (like China ) begin to understand that the money they are being paid back are worth LESS than they expect.
Rush discussed this today.