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Bank Runs and Bail-Ins Going Global!

Is your money safe in the bank? After the 2008 financial crisis, many don't realize that new global regulations were created to formalize procedures on how troubled financial institutions should operate should they have liquidity problems. You'd be surprised to hear whose paying for the bank failure and how the financial institution would be rescued. There are now actual occurrences around the world which have solidified this new course of action which shows your money may not be safe.