• Wall Street Journal
Argentina's government pressed forward with its plan to nationalize $30B in private pension funds, laying out investment guidelines for the funds it wants to seize and lobbying Congress to approve the proposal.
Gosh, there not seizing them Michael. I am sure they are doing what our CONgress will soon do; protect those pensions by taking them under their wing (whether you want them to or not) and assure you of their continued value backed by the full faith and credit of the US government. Who could ask for a firmer guarantee of assured value than that? TFPIC.
1 Comments in Response to Argentina Government Siezes Private Pension Funds
Gosh, there not seizing them Michael. I am sure they are doing what our CONgress will soon do; protect those pensions by taking them under their wing (whether you want them to or not) and assure you of their continued value backed by the full faith and credit of the US government. Who could ask for a firmer guarantee of assured value than that? TFPIC.