Hi Glenn. Appreciate the info as always. Could you provide a reference about when you deposit money into a bank it isn't yours anymore? Is it the same for credit unions? I tried to convince my Dad & friends about this a while back when you first mentioned it & they called BS. I'm sure I could find it, but betting you have a link readily available..Thx!
Hi Glenn. Appreciate the info as always. Could you provide a reference about when you deposit money into a bank it isn't yours anymore? Is it the same for credit unions? I tried to convince my Dad & friends about this a while back when you first mentioned it & they called BS. I'm sure I could find it, but betting you have a link readily available..Thx!
Hi Glenn. Appreciate the info as always. Could you provide a reference about when you deposit money into a bank it isn't yours anymore? Is it the same for credit unions? I tried to convince my Dad & friends about this a while back when you first mentioned it & they called BS. I'm sure I could find it, but betting you have a link readily available..Thx!
Hi Jay! Here are some resources for you. First, this article from the Economist: https://www.economist.com/finance-and-economics/2012/07/21/burning-sensation
Here's the actual publication from the IMF: https://www.imf.org/external/pubs/ft/sdn/2012/sdn1203.pdf
And this is a great post from Huffpost that explains it: https://www.huffpost.com/entry/new-g20-bailin-rules-now-_b_6244394
Awesome! Thanks so much Glenn..