Is $5.00 Possible?, page-24

We don't have bail out laws to worry about but bail ins which is different to the bail out laws that banks got.

https://www.ainsliebullion.com.au/gold-silver-bullion-news/senate-passes-e2-80-98bail-in-e2-80-99-law-e2-80-93-how-safe-is-your-cash-now-/tabid/88/a/1722/default.aspx

The legislation allows our banking regulator APRA ‘crisis powers’ to secretly step in and run distressed banks.  It allows APRA to then confiscate and write off certain types of bonds and hybrid securities and allows them to confiscate cash savings of SMSF’s

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The legislation allows our banking regulator APRA ‘crisis powers’ to secretly step in and run distressed banks. It allows APRA to then confiscate and write off certain types of bonds and hybrid securities and allows them to confiscate cash savings of SMSF’s

You know, ASIC blocked shorting during the GFC 2008 but

then lifted it straight afterwards. I'll just leave these two links for you to make a call.

https://asic.gov.au/about-asic/news-centre/find-a-media-release/2012-releases/12-233mr-asic-reports-on-gfc-short-selling-restrictions/

Ban lifted

https://asic.gov.au/about-asic/news-centre/find-a-media-release/2009-releases/09-94-asic-lifts-ban-on-covered-short-selling-of-financial-securities/

 We might have Invasion/War/famine/disease that could breakout and people who are married to their jobs could not have a job tomorrow.