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Measures such as negative interest, forced recapitalizations, or bail-ins that take depositor funds to shore up banks, often referred to as financial martial law.
If were declared, the effect on an individual bank account would depend on who declares it (state or federal), how broadly powers are exercised, and what financial measures are chosen by authorities; ...
The federal government exercises broad authority to seize and forfeit assets tied to criminal activity or delinquent debts, funneling proceeds into funds and law-enforcement uses . However, the report...