Bank Runs Spreading Rapidly as Bankruptcy & Bad Loans Abound in the World's Largest Banking Sector! - Must Video

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The Bank runs are spreading rapidly after fears rise of failing financial institutions. It’s no secret that China’s banking sector has already been a massive House of Cards. not only is it world’s largest financial sector but it’s also the world’s largest collection of non-performing debt. in 2019 there Central Bank performed a stress test and they found more than half of the banks would fail if the nation’s GDP were to fall down to 4.19% GDP growth in the first quarter alone China was around negative 6.8%. so the official policy stance is whenever a bank run begins in China they are to refer to it and its causes as a rumor so clearly there’s been a lot of rumors spreading recently. pretty much the only response they have is just to go and to arrest anyone who speaks about Bank runs beginning or any weakness in their financial sector. now we were warning about their banking sector long before this crisis came along and the thing is similar to the banks in the US loans are going bad at a record pace we also seen there has been a massive surge in bankruptcies. now the bank in question is a bank of Huludao and the bank run took place on August 3rd there’s been 13 people that have been interrogated and so far two people have been brought into custody by security officials. There was also the bank of Gansu in April and the number of other small rural lenders that have been showing so much weakness at their customers they’ve been fleeing with their deposits. another thing is China’s banking sector is so large because of the amount of depositors a lot of their banking isn’t like the United States they’re very dependent on people keeping their money in the banks any sign of stress and people get nervous and begin to go and take their money out of the bank and that’s what we’re seeing happening at numerous institutions Across the Nation. you know the interesting point is it these are not Rumours their banking sector is in serious trouble and it kind of reminds me of that saying if a tree falls in the woods and no one is around to hear the sound does it make a noise I think the answer is yes.

Everyone’s banks are Fake

IT’S ALL EYEWASH, ALL ILLUSION, ALL PAPER. DOWN THEY GO-THIS WEEK.

Bankruptcy is going to be ramped. Personal bankruptcies will overload the courts for years as the “rich” realize they’re more stupid than rich!

Hmmm , do I feel the ground shaking below my feet.? This scker going down…no good for us!

When no one’s listening trees let out a blood curdling scream!

Please report the truth, there are thousands of small banks in China, meaning they know exactly their town and easy to bankrupt and sell to new owner, real free market. All deposits are insured, no need for rumor spreader. We should be worry about a small number of banks in usa, too big to fail thingy!

Economies built on unsustainable property bubbles & a load of overinflated pseudo assets tend to go down quicker lol. What’s Deutsche Bank’s exposure to US corporate cds’s? 20 trillion US lol, can’t see them covering those liabilities….

My thoughts on the bank runs in China are primarily driven by the to be imposed Exchange Controls by the CCP to avoid capital flight. They left the money our of the country until party members were safe or took everything they needed to. Now, the doors are about to close for the rest of the population. Very similar to the FX controls imposed in Venezuela.

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