Results 1 to 1 of 1
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
-
12-04-2011, 09:47 PM #1
- Join Date
- May 2007
- Location
- South West Florida (Behind friendly lines but still in Occupied Territory)
- Posts
- 117,696
Portugal Is Latest Country To Raid Pensions Funds
Portugal Is Latest Country To Go "MF Global", Raid Pensions Funds To Delay Fiscal Death
Submitted by Tyler Durden on 12/03/2011 12:15 -0500
Comments: 119 / Reads: 13,005
About a year ago, we discussed the very troubling moves by insolvent countries such as Ireland and Hungary to "raid" their pensions funds for various fungible purposes, a move which in virtually every way a was a progenitor to the MF Global capital commingling, if not outright bankruptcy, and was explained as reflecting "a willingness by governments to use long-term assets to fill short-term deficits, including Ireland’s announcement last week that it would use the country’s €24bn National Pensions Reserve Fund “to support the exchequer’s funding programmeâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
Musk’s X Silences Warnings About Migrant Voters
05-06-2024, 11:14 AM in ALIPAC In The News