Rudd has me very, very worried

Peter Martin - October 10, 2008 - 4:18pm

The Prime Minister has just announced legislation that will guarantee the first $20,000 of each individual bank deposit. Bloody hell!

What does that imply about the rest of each bank deposit? (One of my family's deposits is quite big at the moment.)

It was fine when there was no explicit guarantee of bank deposits - that mean that everyone was in the same boat. But not now. This wise thing

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