My 2c (1.4c after today)
Our banks are safe, they don't expose themselves to dubious debt.
I still remember the guaranteeing of the banks during the GFC being one of the worst government decisions in memory. The banks didn't need it and it crushed investment companies like Perpetual. A lot of people lost money because of it, funds were put on hold.
That's right up there with a DOW 1500 call Martis.
Into my 2nd bourbon, memory slightly fading, up to 11am, must drink more :-)
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