SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
joseffy
Tenchusatsu
THE WATSONYOUTH
TideGlider
To: Tenchusatsu who wrote (737566)9/6/2013 3:36:42 PM
From: FJB4 Recommendations  Read Replies (2) of 1578755
 
Our American Libtards probably love this plan.

Poland Confiscates Half Of Private Pension Funds To Cut Sovereign Debt Load

Submitted by Tyler Durden on 09/06/2013 - 14:50To summarize:

  • Government has too much debt to issue more debt
  • Government nationalizes private pension funds making their debt holdings an "asset" and commingles with other public assets
  • New confiscated assets net out sovereign debt liability, lowering the debt/GDP ratio
  • Debt/GDP drops below threshold, government can issue more sovereign debt
  • Report TOU ViolationShare This Post
     Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext