The Bitter End Of The Savings AccountJeff Berwick Cyprus made headlines with what was called a bank bail-in in 2013 and Ireland, Hungary, Bulgaria, Poland and Italy have allstolenfunds from retirement accounts. The European Union has even said that it reserves the right to steal directly from European savers in the form of negative interest rates. All of this has been perfectly predictable in the march to The End Of The Monetary System As We Know It (TEOTMSAWKI). Its time now to add two more countries to that list: Australia and Belgium. AUSTRALIA STEALING DORMANT ACCOUNTS? In 2014 the Australian federal government has seized a record $360 million from bank accounts that have sat untouched for only three years, putting the concept of savings into new light. Some of the accounts were worth millions. Before a change in the law, the government had to wait seven years before stealing the money from accounts. This rule change has been a windfall for the government as it collected more money from January-May this year than it did in the past five decades combined. Between 1959 and 2012 the government had pilfered $330 million. We have grandparents who put money aside for their grandkids future and farmers who have set aside money for a rainy day, but it was transferred to the government, Mr Munchenberg told Fairfax Media. Australia is not the only nation beset by an out of control mafia (government), as we cover here daily in The Dollar Vigilante Blog. BELGIUM STEALING DIRECT FROM DEPOSITS In Belgium at the beginning of the month thousands of savers saw their accounts shaved by the government. An excerpt from a Belgian newspaper reads: Many people, however, say they never even made a gain on the fund. THE END OF THE SAVINGS ACCOUNT Remember the old saying, put your money away and forget about it. Well, dont do that! Cash-strapped governments all over the world are doing everything they can to push the default-can farther down the road and they have not shied away from stealing money directly from their own tax slaves. These recent events only underscore the truth that your money is not safe in the western markets and is prone to being stolen at any moment. The stories are too numerous too ignore. If your funds are in bank accounts in countries with bankrupt governments you have to make a change today, before it is too late. By opening up an offshore account and incorporating outside of the western world, you could be saving yourself from the ultimate nightmare: waking up to find your savings stolen by an egregious, dangerous government. And, even that is not being safe enough. A wise person would have a significant amount of their assets in hard assets that can not be counterfeited into worthlessness by central banks or stolen by thieving governments including precious metals and foreign real estate. And if you havent looked into bitcoin as a means to hold some of your funds outside of the statist financial system, with the ability to transfer anytime, anywhere, for free around the world sans government pirating, nows the time.The Dollar Vigilante (TDV) newsletter covers all these issues and how to internationalize your assets on a regular basis. Instead of wondering if youll be the next victim, take the measures you must in order to survive and prosper after the savings account is no more. Have any questions or comments? Join us over at The Dollar Vigilante today! Anarcho-Capitalist. Libertarian. Freedom fighter against mankinds two biggest enemies, the State and the Central Banks. Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the worlds freedom, investment and gold conferences as well as regularly in the media including CNBC, CNN and Fox Business. 