Bingo π―
This is not a new idea.
βCyprus, 2013: Uninsured deposits bank bail-in.
βBrazil, 1990: savings frozen for 18 months.
βArgentina, 2001β2002: Accounts frozen; dollars forcibly converted.
βMexico, 1982: Dollar deposits converted at official rate. (Haircut)
βSoviet Russia, 1917β1918: Banks nationalized; deposits seized.
βVietnam, 1975: Bank branches and deposits confiscated.ββββββββββββββββββββββββββββββββββββββββββββββββββ
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Solid historical examples, but context matters. Most of these were localized crises or regime shifts, not a reserve currency collapse. The piece I read argues dollar risks are structuralβnot sudden confiscation but slow erosion of dominance. Worth weighing both scenarios.


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US Dollar Collapse Timeline: When Will the Dollar Lose
Dollar share of global reserves dropped from 72% to 57%. BRICS explore alternatives.
The name of the game is bail-ins
That is a great point. I consulted grok and was given this:
Brazil, 1990: Savings frozen to fight hyperinflation.
β’ Argentina, 2001β2002: Freeze and forced peso conversion after peg collapse.
β’ Mexico, 1982: Dollar deposits converted amid peso crisis.
β’ Bolivia, 1982: Forced conversion during currency collapse.
β’ Peru, 1985: Dollar deposits converted in hyperinflation crisis.
β’ Japan, 1946: Deposits frozen after wartime inflation.ββββββββββββββββββββββββββββββββββββββββββββββββββ
Bulgaria also 1999. and not sure what year but yugosavia had one too late 90s i think