PENSION CONFISCATIONS, BANK BAIL-INS AND LEVIES
$1.65
By Karen Mutton. As cash-strapped governments face shortfalls in pension funding, they’re adopting measures which amount to confiscation of entitlements. To alleviate budget deficits and avert bank defaults, they’re considering bank bail-ins and levies on household wealth.
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PENSION CONFISCATIONS, BANK BAIL-INS AND LEVIES
By Karen Mutton. As cash-strapped governments face shortfalls in pension funding, they’re adopting measures which amount to confiscation of entitlements. To alleviate budget deficits and avert bank defaults, they’re considering bank bail-ins and levies on household wealth.
