The last Treasurer questioned the safety of super fund derivatives, but the biggest derivatives gamblers are the banks. Only a public post office bank will keep deposits truly safe.
The 28 July 60 Minutes story on Crown Casino confirms that Australia’s authorities “aid and abet money laundering”, as whistleblower Helen Edwards has declared in an explosive new special episode of the CEC Report.
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.