The government says so….
That’s what these folks thought. Now they are getting a “one time” haircut of either 6.75% or 9.9% depending on how much money they have in their accounts.
More and more I think I’d rather have my savings in a vault in my home….
Maybe precious metals….Gold, silver, brass and lead.
Especially the last two….
Couldn’t happen here in the US though…….COULD IT?
I keep hearing rumors that the DNC type folks are eyeing IRA’s and 401 K’s and such as their next cash cow…..