Check out the latest TOTT News illustration below!
NEW CARTOON
‘Bail-In Bandits’
By Steve Hunter
Full-sized image can be viewed by clicking here.
CONTEXT:
Legal opinion: Australian deposits can be ‘bailed in’
Stop ‘Bail-in’
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MORE HERE
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Cass Smith from Freedom Financial Solutions is hosting a talk this coming week on Ideas to Help Navigate Uncertain Financial Times. She is right across bank issues, bail ins, threats to super and SMSFs. Thu, 29 Feb 2024 7:00 PM – 9:00 PM AEDT. Register here – https://www.eventbrite.com.au/e/ideas-to-help-navigate-uncertain-financial-times-tickets-848958988187?utm-campaign=social&utm-content=attendeeshare&utm-medium=discovery&utm-term=listing&utm-source=cp&aff=ebdsshcopyurl&utm_medium=email&_hsmi=295352735&_hsenc=p2ANqtz-8jGZ7tYiD6JPflbRpkKGUgGhHxCJqgb3RpI2aV739HKmrlFGxmSOVCILhz-s6AQ8eyYzAw1XzN_C6Krm5NUYjdVOpRCQ&utm_content=295352735&utm_source=hs_email
Exactly RIGHT! The only Issue I’d have with THE Cartoon, IS, – FIND, with ANY of THE 4 Major Banks – AN ‘Operational Branch’! Becoming About as Mythical as a Unicorn! = THIS, of course, helps STOP, ‘OWNERS’ of Monies from Withdrawing – THEIR LEGAL ASSETS!!
Wellness.
Banks were meant to separate deposits from their customers and use their own funds for the stock market now with the new laws banks use deposits from their customers and the stock price crashes then they will use the Bail-in to recuperate what they lost from the money was deposited…
This was going on even in 2018 so how bad will the bail ins get and will the big 4 be effected if not already. So is it now deposit at your own risk..
https://bradjamesmatthews.com/australia-new-bank-bail-in-laws/