TOO LATE: Australian BANK BAIL-INS OF RETAIL DEPOSITS Have Already Happened

Sunday, March 24, 2019
By Paul Martin

SilverDoctors.com
March 24, 2019

John Adams and Martin North expose the Australian establishment propaganda about bank bail-ins of retail and institutional deposits…

by John Adams and Martin North from Adams Economics

John Adams and Martin North expose the Australian establishment propaganda about bank bail-ins of retail and institutional deposits which they have claimed can never occur in Australia. (A bank bail-in of retail deposits occurred in Cyprus in 2012).

Adams and North also discusses our previous findings that bail-ins can occur in Australia. We also discuss the recent International Monetary Fund Financial System Stability Assessment report for Australia where they call for a ‘statutory bail-in regime consistent with international best practice.

John Adams then goes onto to reveal that bail-in of retail deposits have already occurred in Australia. They occurred in 1892-1893 during the worst depression in Australian history.

To read John’s article: The IMF Wants APRA to Steal Your Bank Deposit

Watch the video in its entirety below:

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