Been contemplating bail ins. Seeking comment.
Seeing two types, or circumstances, right off:
First, a financial institution specific bail in would occur when an institution is failing and government for whatever reason (no available dough or maybe just too politically unpopular) opts not to bail out that institution. Other option, obviously, would be simply to allow the institution to fold and suffer whatever systemic consequences that might ensue.
Second, a country specific bail in would occur when the entire country is in financial jeopardy as outcome of inability to rein in profligate spending while ever higher interest rates render debt service impossible. Here everyone would be in jeopardy, bank deposits would be seized in part or whole, government would terminate private property rights and take ownership, etc. etc…
I looked at the Cyprus bail in. It appears to have been bank specific. This does lend credence to the idea of dealing with financial institutions in decent shape and avoiding those poorly run and/or on their last legs.