Australia's Banks Are Preparing To Bail-In Retail Bank Deposits

Economist John Adams and Analyst Martin North examines recent changes to the terms and conditions from our major banks. Have you read yours recently? https:/...

Views: 55

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by cheeki kea on February 17, 2020 at 2:26pm

Sounds like a good idea Chris.

Comment by Chris of the family Masters on February 17, 2020 at 1:02pm

Here's the remedy. There is a contract between you and a bank to safeguard your money. Under contract law any changes to the original contract have to be agreed upon by both parties.

Unilateral contract changes are unlawful.

Demand the new, changed terms and conditions from the bank.

Cross out the problematic passages and initial pages.

Send it back to the bank. They will have no leg to stand on.

Comment by cheeki kea on February 17, 2020 at 5:12am

I see all the ugly truth is being revealed from the royal commission on Banking, All trust and confidence in banks Lost and Gone Forever. That would explain why here they dangle the bank deposit guarantee carrot of say 40k, as they haven't confirmed what it is. It's a joke really, so bad that they may as well coat the carrot in hundreds and thousands and say Here have a sugar rush instead, because of the derivatives they are all into at 2.77T. - when last revealed. The jokes so bad it's a laugh. 

Comment by James Roberts on February 16, 2020 at 3:00pm

Good news (???). Dare we hope?

Comment by Chris of the family Masters on February 16, 2020 at 1:52pm

Banksters are going down, and it's happening everywhere. Hold on to your coupons by keeping them in a safe at home, even better- buy gold and silver.

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a blog post

The Escape

The dreamland comes as I close my eyesTake me from the forbidden lands that I despiseWhere all…See More
1 hour ago
cheeki kea commented on Sandy's photo
Thumbnail

FB_IMG_1775463256193

"ahh yes but one must be well  practised in the art of double think for such occasions as these…"
7 hours ago
honeygirl posted videos
yesterday
Doc Vega posted a blog post

You’ve Heard of Champ, right? This Aint it!

 CHAMP, you might be thinking of is a legendary cryptid supposedly existing in the waters of Lake…See More
Monday
Less Prone favorited Sandy's photo
Monday
Less Prone favorited Sandy's photo
Monday
Doc Vega posted a blog post

Truth or Fiction? You Figure it Out

 Working for the federal government, specifically, the Pentagon. I was, what you might call a…See More
Saturday
tjdavis posted a video

GOLDSPHINCTER - Donald J Trump is Acrid Goldsphincter (James Bond Music Parody)

In this James Bond parody, Donald J Trump is Acrid Goldsphincter in our version of the classic Bond "Goldfinger" theme song. All voices and singing performed...
Saturday
Doc Vega posted a blog post

How Long does Destabilization Take?

How long does it take to topple a society targeted by the left? What ingredients go into this toxic…See More
Apr 9
tjdavis posted a photo
Apr 9
tjdavis posted a video
Apr 8
Doc Vega posted blog posts
Apr 7
Burbia commented on Cryptocurrency's group Video Archive
Apr 7
Doc Vega commented on Doc Vega's blog post How Many Clues Did You Need To Figure out the Covid scare was Bogus? Revisiting Stupidity
"cheeki kea you are spot on. It won't be until the elephant on Wall Street is as high as the…"
Apr 6
Sandy posted photos
Apr 6
harrisseo is now a member of 12160 Social Network
Apr 5
Doc Vega's 4 blog posts were featured
Apr 5
tjdavis posted a blog post
Apr 4
tjdavis posted videos
Apr 4
cheeki kea left a comment for Gordon Freeman
"Greetings and welcome to you Gordon it's great to have you join us all here."
Apr 3

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted