Bail-outs and bail-ins are just another day in the banking system. The whole construct is insolvent by design from day one. It's not a crisis mode but a normal modus operandi.

It's not so "fun part" like cleaning the kitchen after cooking. But you cannot run the scheme without having the other part.

It's Inception in action: in slow-motion collapse mode when the expansion reaches its utter limits and the trust is gone. Now, it takes longer since the scheme is global.

The story is as old as the fiat currencies and fractional reserve banking.