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RE: Cross-Promoting Stacker Communities : Aussie STEEM Coins are SENT
Have you seen the latest APRA proposed legislative changes for financial crisis management tools aka bail-in?
There's a very good video by Citizen's Electoral Council Australia on this and Glass-Steagall, it and many more like it are released regularly on their YT channel here:
Happy stackin', if you bug out remember where you buried it, thanks for the article, the cross promotion, and thank your mum for the rabbits ;)
I hadn't seen that video, but thanks for sharing.
I was aware that bail-ins were being pushed globally and I understand how they will be used and what that means. Didn't realise the legislation was on the table in Australia though. It'll be important for us to knock it down and it'll be interesting to see if the Labor crooks will oppose it after making lots of noise about an inquiry into the banks in recent times....
I believe the basic bail-in framework was discussed and agreed at the G20 in Brisbane a couple of years back.