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Adam Taggart
By Adam Taggart on Fri, Sep 6, 2013 - 2:40pm

Private Pension Funds Confiscated by Polish Government

Here's an important milestone on our road to global sovererign insolvency.

From Reuters:

Poland reduces public debt through pension funds overhaul

Poland said on Wednesday it will transfer to the state many of the assets held by private pension funds, slashing public debt but putting in doubt the future of the multi-billion-euro funds, many of them foreign-owned.