Meanwhile the Bank of England are issuing guidelines for a bail-in.
https://www.bankofengland.co.uk/paper/2021/executing-bail-in-an-operational-guide-from-the-boe
Oh dear. What does this mean? This means that if they see fit they can start giving haircuts to our personal bank accounts and take all money over a certain amount. It means they are adding daylight robbery to their tool box! They did this in Greece when it ended up heavily in debt to the ECB. I can’t find any reference to the amount however – maybe they haven’t decided.
Leave A Comment