Everyone should be furious that cybersecurity company CrowdStrike’s incompetence crashed digital systems worldwide last Friday, because it exposed that too many companies and governments have made us vulnerable by madly embracing digital technolog
Today is Cash Out Tuesday, when Aussies are urged to withdraw some cash from a bank, ATM or EFTPOS retailer to send a message to bankers that we don’t want their cashless economy.
When the government and financial authorities assure you your deposits are guaranteed, don’t believe them. They have proven time and again that in a financial crash they will put the survival of banks and their powerful owners first.
In the wake of the collapse of European banks including Spain’s Banco Popular, two regional Italian banks, and the bail-in/bailout of the world’s oldest bank, Monte dei Paschi di Siena, Europe has been debating new powers to allow bank accounts to