Your money is not safe in Banks

[billy the kid]

https://www.ainsliebullion.com.au/gold- ... fault.aspx

Yesterday I received an email from the ANZ Bank telling me that their branch is moving from (a) to (b).
As a public relations exercise the email invited questions from clients etc...
I decided to send an email about bank bail ins...
I had previously written to various banks seeking clarification of bank bail in legislation and the falsity
of a government depositors guarantee...
Needless to say I had never receive a response.
BTW in five years auto tellers will be gone...branches will all close...everything will be digital...
Even now I can deposit money into your account if I know your email address and your bank has your email address...
Bank branches and auto tellers are on the way out.....there is no need for branches...it will all be digital money..
Jobs will disappear...even applying for a mortgage will be done via computor.....
But I digress.....
I was surprised to receive a response from ANZ which simply referred to a link telling me all about the supposed
government guarantee of depositors money...they will tell you your money is safe.....
THERE IS NO GUARANTEE...
There is provision only for a guarantee to be activated if a Bank fails..but this guarantee will not be
activated as it is unfunded, and is thought to be in excess of forty billion dollars...
AND if it was activated..what happens to the bank which collapses....it collapses....
Instead...the bail in will be activated...and while this occurs, the bank will limit depositors withdrawals to maybe $100 a day
to stop a bank run.....

Interest rates will go to a minus figure...we will all be paid in digital funds in years to come...and if a
salary payment goes into your account today...guess what...the bank will take out say 1% and you wont
be able to do a thing about it....
AND guess what...all superannuation funds are tied up.... in guess what....banks.....
AND the banks are hugely exposed to the real estate market...hugely exposed....
Believe what you want to believe....

[sprintcyclist]

doomed, doomed, we're all doomed

[billy the kid]

Mockery is just water of a ducks back...

[FLEKTARN]

I thought that was already very obvious. A few years ago when the Greek crisis hit, Greek banks banned Greeks from withdrawing more than €100 per day! Imagine the fear, people felt. It was real fear. It was lifted but it was also very unpredictable move by the banks. And in Cyprus, if I remember correctly, banks and government confiscated legal, real money from all accounts with more than €100k euros to pay national debts. Enjoy.

[billy the kid]

I thought that was already very obvious. A few years ago when the Greek crisis hit, Greek banks banned Greeks from withdrawing more than €100 per day! Imagine the fear, people felt. It was real fear. It was lifted but it was also very unpredictable move by the banks. And in Cyprus, if I remember correctly, banks and government confiscated legal, real money from all accounts with more than €100k euros to pay national debts. Enjoy.

The problem in Australia is that everyones attitude....well almost everyones.....is...... "she'll be right mate....whos shout is
it....whos going to win the footy tonite...did you see that sheila reffing the footy last nite......"
When reading a dictionary and looking up the definition of "apathy"...one should simply substitute the word "australian"
No-one cares..........

[Black Orchid]

Aussies do tend to be way too apathetic and complacent and I consider that to be a huge fault of ours. They don't care unless it affects them directly but when it does start affecting them ... watch out. The problem with that is that by then it is usually too late.

[billy the kid]

[FLEKTARN]

I thought that was already very obvious. A few years ago when the Greek crisis hit, Greek banks banned Greeks from withdrawing more than €100 per day! Imagine the fear, people felt. It was real fear. It was lifted but it was also very unpredictable move by the banks. And in Cyprus, if I remember correctly, banks and government confiscated legal, real money from all accounts with more than €100k euros to pay national debts. Enjoy.

The problem in Australia is that everyones attitude....well almost everyones.....is...... "she'll be right mate....whos shout is
it....whos going to win the footy tonite...did you see that sheila reffing the footy last nite......"
When reading a dictionary and looking up the definition of "apathy"...one should simply substitute the word "australian"
No-one cares..........

I think you can say this about most Western and Central European countries as well. Everyone looks at his own bowl, until it hits him personally. Then they start complaining. And there's a Bulgarian idiom, which translated is something like "Every wonder for 3 days." Protests and public discontent usually last for about three or four days, literatim.

That's because people from where we live are usually used to individualism. We're raised to just look at the individual, not like take society as a whole like Poland does, or even Russia and America, where in some states like Texas, Utah, and others from the Midwest and the South people gather round and solve problems together.

Poland was the mecca of communism, while we weren't. Poland was never a country until a few years ago, so they're used to being under constant foreign control and I think they're used to this whole unity thing, like a collectivism against our individualism.

[FLEKTARN]

Aussies do tend to be way too apathetic and complacent and I consider that to be a huge fault of ours. They don't care unless it affects them directly but when it does start affecting them ... watch out. The problem with that is that by then it is usually too late.

I think I can say the same about me, and many more people around me with whom interact on daily basis. We have a huge gypsy problem, and for example when some people get mauled or murdered by gypsies, their neighbors just pack their bags, sell their property and buy another one in a different much safer suburb or even region.