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Old 19-03-2013, 13:17   #1084
Chris
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Re: Eurozone will collapse...

Quote:
Originally Posted by Osem View Post
I can see plenty of retirees and pensioners, for example, who're going to be mightily unhappy if their hard earned and already taxed savings are plundered in this manner.

They're calling this a one-off but does anyone really believe it would be?...
The problem is precisely that, they have proposed something that ought to have been utterly unthinkable. The very fact that they thought of it means nobody can believe a promise they won't do it again. In fact the weasel words they have used in order to justify doing the exact opposite of the legal protection measures that private savers should have enjoyed, demonstrates that they *will* do it again, when they feel the need, while at the same time slightly adjusting a few of the technicalities in order to claim they're not.

George Orwell would turn in his grave.
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