Bail In

Every place you can invest your money has risks and reqrds, Usually, the higher the reward, the higher the risk.
Banks deposits have traditionally been low risk, low reward.
Banks shares have a higher risk and a higher reward.
A bail in reverses this natural economic law by transfering the shareholder risk to the depositors. This makes the depositors liable for what would otherwise be shareholder losses with no offsetting reward to the depositors.
The conclusion I have come to is that the politicians are serving their campaign donors more than their electorate (a system that desperately needs to change). Therefore they are proposing to prop up the banks at the expense of the depositors, as has been done in Cyprus where bank depositors lost a percentage of their deposits. Cronyism at its unconscionable worst!

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