Bingo 🎯 This is not a new idea. —Cyprus, 2013: Uninsured deposits bank bail-in. —Brazil, 1990: savings frozen for 18 months. —Argentina, 2001–2002: Accounts frozen; dollars forcibly converted. —Mexico, 1982: Dollar deposits converted at official rate. (Haircut) —Soviet Russia, 1917–1918: Banks nationalized; deposits seized. —Vietnam, 1975: Bank branches and deposits confiscated.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

The name of the game is bail-ins