We Just Had A Bank Bail-in, Anyone Paying Attention?freenindependent (42)in #economy • 7 years ago Credit:Youtube/X22Report #finance #money #silver #bitcoin
yes i read about it..posted about it they were bought for a dollar to prevent more dominos falling
I believe it was for $1Euro
forgive me....it sure was.... inflation now days...next bank might be 2 euros :-)
what the hell is a bail-in?
Instead of a bail-out where the government pays (by means of citizens taxes). It gets paid from within the bank by investors.