Bank Run In Belarus, Full Blown Hyperinflation Ensues (Video)

via ZeroHedge

“We have to do something with these Belarussian rubles,” exclaims one Belarussian as she shops to turn worthless rubles (BYR) into physical assets. As AFP reports, The Belarussian currency was dragged down by the slide of the Russian ruble last week, leading authorities to impose draconian measures, forbid price increases even for imported goods, and warn people against panic. Now, however, in an effort to stem the flood of hyperinflating domestic prices, authorities have blocked online stores and news websites to stop the run on banks and shops as people scramble to secure their savings. One of the blocked news websites noted, it “looks like the authorities want to turn light panic over the fall of the Belarussian ruble into a real one,” calling the blockages “December insanity.”

Its best to keep an eye where trouble has taken root anywhere in the world so that you may best prepare wherever you are.  Stay tuned..   Belarus may be small and somewhat insignificant but I bet you its all connected to the current global troubles.