Welcome to Finance and Fury
Today – Want to start looking at what would likely survive another financial correction or worse, collapse
Been thinking a lot recently about the structure of the modern economy – This episode is probably more like a FF ep, but this topic will have a massive impact on each of our lives at some point – where to have your money in preparation for the next crash
Brings us to what are called Bail in laws – looking at these shows what to avoid investing in going forward
Still provides relief to a financial institution on the brink of failure through a resolution scheme used in distressed situations – list of what to do
Bail-in schemes are being more broadly considered across the globe as a first phase resolution to help mitigate the number of taxpayers’ funds used in supporting distressed entities – Timeline – going back
Thanks for listening! Sorry it was a heavy topic – thought I would share it though as there hasn’t been much discussion on this topic – why? Cover this in this Friday’s ep – and the investments next week.
If you want to get in contact you can do so here