Economist John Adams and I discuss the latest of the question on deposit account “Bail-In” and try to answer John’s question “Is Parliament “Too Stupid to be Stupid”?
Either way, the question of deposit bail-in remains unclear in our view.
We also discuss the Reserve Bank of New Zealand Dashboard which is designed to assist Kiwi’s as they try to pick which bank to place their deposits with. In New Zealand it is QUITE CLEAR, bank deposits are available for “Bail-In”!