3 ms·

Sorry, I don't understand, what do you mean by "bailed in"?

• lolc 10y ago
  A bail-in is when savings are used to finance the bank or the state by turning them into illiquid debt, bank shares, or when they are simply forfeited. This happened in Cyprus in 2013 for example.
  • XorNot 10y ago
    If this ever happens in the US it really​ won't matter where​ your savings are.
    • jessaustin 10y ago
      In USA, if savings are under your mattress, they are protected by 2nd Amendment...
      • detaro 10y ago
        Not against being made worthless/illegal to use.
      • clort 10y ago
        This is merely false bravado in this day and age. The police can take your money, if they suspect that it is proceeds of a crime. Lots of money under the bed sounds like proceeds from a drugs deal! You can take a few of them down with you, but it won't end well for you..
      • kevin_b_er 10y ago
        As the 4th amendment against seizure of your money is no longer being protected (see: "Civil assert forfeiture"), know that the police may steal the money under your mattress and murder you for attempting to exercise your rights.
• occamrazor 10y ago
  That the bank's creditors have to bear (a part of) the losses.