The “bail in” is an unconstitutional taking of property.
WE know that our government is ruthless enough to go for it, but the probable result would be armed riots throughout the country, with local police and governments bearing the harsh casualties.
Actually it’s not. The federal government cannot do a thing about it. When deposit in a bank, you are not the owner of the money. You are a creditor. And the bad news is you are way down the list of folks to get repaid.
Of course, there is FDIC insurance. If a couple of big banks tank, forget about FDIC. It will be bankrupt. And THAT is when those who have, will be asked to give just a little, to those who do not have.
I am not saying this will happen. I am saying it could happen.