When the government and financial authorities assure you your deposits are guaranteed, don’t believe them. They have proven time and again that in a financial crash they will put the survival of banks and their powerful owners first.
In the wake of the collapse of European banks including Spain’s Banco Popular, two regional Italian banks, and the bail-in/bailout of the world’s oldest bank, Monte dei Paschi di Siena, Europe has been debating new powers to allow bank accounts to
The Citizens Electoral Council since June has been blaring the news that Australia’s banking authorities are drafting legislation in the Treasury for Cyprus-style “bail-in” powers, so that when an Australian bank fails, the savings of its deposito
No bank deposits anywhere are safe following the disastrous Cyprus “bail-in” using confiscated deposits, because this is now the standard for all future bank rescues.
The City of London-directed Australian banking cartel is poised to call in huge numbers, and potentially almost all of their loans to farmers and small businesses in the Murray-Darling Basin, in order to crush the Basin’s family farms and communit
Bureaucrats in the NSW government and Snowy Hydro utility are threatening lives and damaging properties in the Murrumbidgee region, by releasing 5,000 megalitres per day of “environmental flows” into the already swollen Murrumbidgee and Murray riv
