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RE: This Bank Will Pay You 11,5% p.a. Interest For Your Term Deposit!
One does not simply trust a bank. Everything is fine in the short term and suddenly your entire retirement is gone, even if it's a good Georgian bank.
Sure but this will applies to every bank in every country. The only safe haven might be Gold and silver if you don't want to lose everything :) I would never put all my money on one bank account. It's just for diversification and hold a lot of other assets around the world
Gotta stash the everyday money somewhere, the best bet is the one who might pay you.