And so the predictable becomes probable: expect more pensions to be raided. Don't believe for a second that only French pensioners are at risk. Every over-indebted government will go after pensions.
When convicted bank robber Willie Sutton was asked why he robbed banks, his alleged response was, "because that's where the money is."
http://www.bloomberg.com/news/2013-02-14/hollande-tiptoes-toward-raid-on-pensions-under-pressure-from-eu.html
Friday, February 15, 2013
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