I read it. A very bias article about how a loophole in a legislation means banks will liquidate your deposits in a crisis. Not sure whT youd expect from a reputable source such as.. what was it again... Ainsleebullion?
As I've noted in my previous post I work closely with capital ratios in an Australian ADI. In fact my work covers capital, liquidity, stress testing, recovery planning and APRA (amongst other things). Stress testing, recovery planning and capital/liquidity problems is my bread and butter so I understand the article 100% and unfortunately what's in it is extremely misleading, unrealistic. Refer to my previous post on what is more relevant and I'm happy to answer specific questions if you're curious.
Everything I write is factual and can easily be looked up, albeit I recommend more credible sources than ainsleebullion
APT Price at posting:
$36.12 Sentiment: Hold Disclosure: Held
