Category Archives: Financial System

Debunking ideas about various aspects of financial systems and economics. Such as how central banks work etc.

Were Australian Banks Bailed Out?

18 Jan 13       [ Lau Guerreiro ]

A reader commented on one of my other articles that “all of the Big Four [Australian Banks] took bailout money from the Federal Reserve“. I had always heard that the Australian banks were some of the most financially stable in … [ Continue reading > ]

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