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Financial Armageddon!!
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Originally posted by crashy View PostBank runs across California.
Mainly at First Republic
Lovely day suns shining , no wind ...what could possibly go wrong..
Please keep calm and a sense of humor in these times.
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Originally posted by chook View Post
History will teach us nothing it appears. 1929 great depression bank run..
Same thing will happen Monday morning (tomorrow) in US.
"Don't worry everything is fine"
3pm.
"Everything is not fine! we have no more deposits or cash and our chief financial officer has called in sick"
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Originally posted by Jeffa View Post
8.30 am Monday morning:
"Don't worry everything is fine"
3pm.
"Everything is not fine! we have no more deposits or cash and our chief financial officer has called in sick"
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https://www-foxnews-com.cdn.ampproje...ank-run-report
Arizona Sen. Mark Kelly reportedly calls for censoring social media companies to prevent bank run; he denies
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Biden calls for calm - that all deposits are guaranteed- I.e you’ll get your money back when you need it so leave it where it is.
Investors - Biden says - tough luck you took the risk and have to live with it. That’s NZ Rocket Lab’s $45m down the gurgler.
This was on Reuters earlier today.
cheers
Donna
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