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Argentina and I think some Eastern European countries since the start of the 2008 crisis has nationalized private retirement accounts.
So there is recent international precedent.
One possibility would be to compel or shape retirement account purchase of US T Bills.
But I still reckon probability still lies with theft by inflation rather than confiscation.
What bothers me in the new government agencies, new employees, and new authority.......the old agencies with the old legislation would work fine if they were given the top cover, direction, and proverbial hunting license to effectively regulate/enforce the law in a fair and equitable manner.
The President's selection of Mary Jo White to the SEC is like the head of the FBI's job going to Tony Soprano's lawyer or to the head of the legal department for a foreign intelligence service.
Those blatant/brazen appointments worry me a bit more than retirement account confiscation.....since they're already being looted by inflation.
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