China Rocked By "Unprecedented" Surge In Bank Runs

Dang. Coming to a country near you.

The Dow has proven economic sanity is no longer in play.

Bank runs (CASH) dont matter. Government will fill the vacuum. No worries!

The only thing that matters will be INFLATION !! Plan accordingly? Silver !!

Last Edited by Ghetto Guy on 07/15/2020 09:06 PM

I'm afraid you may be right!

In 2020 the FED slashed reserve requirements to zero

and no one noticed

Pro Tip. There is no cash.

New Money: The Greatest Wealth Creation Event in History (2019) - Full Documentary

[link to www.youtube.com (secure)]

China's banking system is owned by the CCP and is completely corrupt. Some of their debt numbers are akin to loan sharking.

Good thread. 5 stars. :)

tee-hee, hahahaha! Haw Haw! Fuck off Communism!!! Socialism!!! TRUMP

like Bank of America, for starters.

Only if you are the focus of a CIA operation.

They are testing China with a combination of social media algorithms, financial algorithms in combination with agents and proxies in China.

CIA most likely has quite a bit of agents in Taiwan and Hong Kong. China should probably identify some of them after each attack and pick them off one by one.

It will be more difficult as things progress to infiltrate China in any meaningful way.

Its probably because the Chinese said they were going to sanction the US over Hong Kong. So the Chinese people are pulling out all of their money.

had a dream a three of four years ago in August, in it there was an Asian woman who was completely freaked out, she told me that the financial system in China had just collapsed, I then found myself saying "... next comes war ...", immediately woke up after that, and had the feeling in would happen in August sometime in the future

Only card the CCP has left to play ... that or Xi and Co are swinging from the lamp posts.

I was just reading an article and was pondering creating a thread asking if (when) it will happen in the US.
[link to www.investopedia.com (secure)]

Thread: Inflation is here.

Cool I guess.

So says our history.

China wanted to change the world and they have changed theirs as well.

October last year..sure it was noticed

Unprecedented?

[link to www.wsj.com (secure)]

Did you catch Alasdair Macleod's interview with Greg Hunter? He sort of reminds of me of Antal Fekete's role in 2008.

[link to www.zerohedge.com (secure)]

Things never repeat but they do rhyme.

You seem to be thinking within the bubble mentality. A removed perspective would show you that this is the third intentional bubble blown by the central bank with credit extended at interest rates below what the market would demand based on risk.

There are natural cycles in nature and humans, we cannot avoid these cycles but artificial credit created from nothing but accounting entries and promises to repay the loans amplify the magnitude of the resulting corrections. We get crashes, then booms then crashes.

This is all because the fed and treasury naked short the economy by creating new credit from nothing but some accounting entries.

Bank runs precede wars

Here's a declassified CIA memo from 1944 on methods to destabilize and subvert economies.

[link to www.openculture.com]

This is from 76 years ago mind you, the newer tech developed by the CIA and used by it's direct contractors and proxies would blow your little mind.

Easy, CCP has been barking all over the place with nothing to back it up with. Chinese people (very different from CCP drones) do not want to foot the bill for foolish adventures. Translated, get my money out NOW!