Monday, October 21, 2013

A third option is confiscation.

"...Some combination of inflation and outright default are the only resolutions possible at this point..."

Robert Fitzwilson

from an article at kingworldnews.com


see 

     "bail-in"
     Cyprus
     Poland
     a paragraph in a recent IMF report

I'm just echoing what others have said.
Confiscation.