Could be worse...you could live in Cyprus where the government raided savings accounts to pay for Cyprus bailout. Scary situation. They pay taxes and then deposit their money into their bank accounts. Next, government does a poor job in managing the money and as a result gets itself into a debt crisis. To get bailout help, they agree with the EU to raid (steal is more accurate) the money you had deposited in your savings account. :eek: If things don't improve in Europe, other EU countries will do the same.