On the weekend of November 16th, the G20 leaders whisked into Brisbane, posed for their photo ops, approved some proposals, made a show of roundly disapproving of Russian President Vladimir Putin, and whisked out again. It was all so fast, they may not have known what they were endorsing when they rubber-stamped the Financial Stability … Continue reading New G20 Rules: Cyprus-style Bail-ins to Hit Depositors AND Pensioners
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New G20 Rules: Cyprus-style Bail-ins to Hit Depositors AND Pensioners
On the weekend of November 16th, the G20 leaders whisked into Brisbane, posed for their photo ops, approved some proposals, made a show of roundly disapproving of Russian President Vladimir Putin, and whisked out again. It was all so fast, they may not have known what they were endorsing when they rubber-stamped the Financial Stability … Continue reading New G20 Rules: Cyprus-style Bail-ins to Hit Depositors AND Pensioners