>In the anatomy of an economic crisis, a bank run is the point of no return.
>Bank runs occur when people scramble to withdraw cash from banks in fear of collapse. In the worst cases, banks’ liquid cash reserves are exhausted, not everyone gets their money and the bank defaults.
>It’s a grim scenario which, fortunately, has occurred rarely in history.
>The most significant bank runs in the United States took place during the 1930’s Great Depression.
>But perhaps since the Great Depression, none has been as significant compared to what is seemingly unfolding in China right now.
It's FUCKING OVER as China sees the most significant bank run since the Great Depression of 1933 so let's talk about about troons, niggers and whores, instead.
Didn't Canada just do a mass bank run during the trucker protests?
Matthew Watson
Have a bump. What can I do about it though?
Kayden Nelson
China is a fake country of fake people. Learn Chinese you'll see for yourself. They have no ability to promote honesty or direct communication. They think life is a game and they intend to win by cheating.
No, our faggot PM froze the accounts of the protesters, then froze the accounts of anyone who tried to donate money to the protesters so they could buy food.
But he said he was sorry about it so its okay now.
This is far bigger than people think. America has relied on chink slave labour for so long this is the equivalent of the largest slave uprising in existence. China will be rolling out the massacres any minute.
Isaac Ortiz
Kinda blows my mind that China has had several bank runs for weeks and I only find out about it today.
Also, changs wanting to protest had their covid passes cancelled so they can't go out.
Nobody can withdraw money in Shanghai. They need to go to the freedom ie local government department for their hard earned money.
Josiah King
This is the kind of news they shut down hard. Giving the peasants ideas is dangerous. But I can't think of another time like this where we had absolutely zero trustworthy media in the West. Possibly WW1/WW2.
Caleb Ross
You should see the local state ran media reporting that banks are opening an extra hour. the protests are just people waiting in line Also ccp stating banks are down to a Cyber attack. Dispute massive updating systems in March for a national security audit.
Eli Perry
It's weird af. It could even be a deliberate attempt from China to look weak, before invading Taiwan and showing there strength, because these bank runs and their under-reporting, doesn't make sense.
Dominic Rogers
That's why central bank is for nigger.
Nolan Lewis
I doubt an economic crisis would misdirect Taiwan re unification agenda.
They can and will pull a USA and convert all peacetime industry for wartime.
The media is hiding it because they have sold us out. No fox no MSNBC CNN nothing. The only one I could find to speak up about this is Asia markets.
I seen some YouTubers working in china freaking out over their investment in Shanghai.
Apparently it's really just a smaller bank that stole all the money it's 6 billion dollars worth of lifesavings stolen And the big government backed national Bank that had underwritten the bank are now saying that the people should have read the terms and there was no insurance on the money. What also happened is apparently the people that lost all their money are having their COVID passes turn red meaning they aren't allowed to travel to protest despite them not testing positive
Christian Fisher
I think Taiwan WILL be unified with China and it will happen under Biden's watch, the opportunity is too good to miss. Leave it much longer and the globohomo cacer in Taiwan will metastasize and start spreading in the region. China will want to stop that bfore it gets out of hand and Biden can be counted on to do nothing.
Thing is that I can't see China taking Taiwan through an invasion, it's not their usual way. Makes much more sense they do it the classic Chinese way and save treasure and blood and do it though infiltration.
Matthew Martin
The picrel shows Bank of Shanghai and Henan Bank. Those are pretty big banks. Most recent bank runs in China have been tiny little fifth tier city banks. This could actually be something. t. Former ESL teacher
Hudson Hill
Boomers made a grave mistake when they decided to export jobs to chinks. The only way to reverse the damage is to give back to China was belongs to China. That means pay back the massive debt we own them & protect our properties from being owned by the CCP.
Jaxon Walker
Did op misspeak?
Jaxson Wilson
Just immediately end foreign ownership of land in the United States and the West, in general. Foreigners cannot legally own land in China. The Chinese can't even legally own land. The only type of foreign land ownership that should even be considered is direct reciprocity, meaning they get the same rights we would get in their own country.
James Barnes
China has $37 trillion usd in all of its commercial bank deposits but apparently almost all of that was stolen and is in tax havens.
