More evidence has emerged that the APRA bail-in law passed in February does not exclude ordinary deposits from being converted into worthless shares or written off to prop up failing banks, a.k.a. bailed in, as some politicians assumed.
Australia’s political class is quick to criticise the Chinese Communist Party (CCP) for its control of China, but when it comes to foreign policy, Australia is no less a one-party state.
As the furore over Chinese interference in Australia rages, take a moment to consider exactly what we fear may be the result of alleged Chinese meddling in our pristine political system. What’s the worst that China might influence us to do?
The urgency of a Glass-Steagall separation of deposit-taking banks from dangerous speculation, is that it is necessary to protect Australians from a financial collapse.
The liars who orchestrated the illegal invasion of Iraq 15 years ago are today fabricating similar lies to whip up hostilities against Russia and China.
A former principal researcher at bank regulator APRA has revealed in a submission to a Senate inquiry that, contrary to government reassurances, Australian bank deposits are not guaranteed.
