Click the image to enlarge and see where bail-ins are most likely to happen
What Is A Bail-In?
You’ve heard of bank bailouts – that’s when taxpayer’s money is used to prop up a bank that would otherwise fail.
A bail-in is where a government or bank needs money to prop up failing banks and instead of using taxpayer money (because there may not be enough of it), a percentage of a depositor’s savings are … Continue reading...
