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SVB Collapse, Credit Suisse, Australian Bank bail-IN?
2 years ago
245
After the SVB and Credit Suisse crisis a bail-in, which is where the banks take their depositors' money to save themselves in a collapse, is still possible in Australia.
I call on the government to categorically rule out a bail-in and properly fund the bank guarantee scheme.
Transcript: https://www.malcolmrobertsqld.com.au/svb-collapse-credit-suisse-australian-bank-bail-in/
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