Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By John Rolls (Reporter)
Contributor profile | More stories
Story Views
Now:
Last Hour:
Last 24 Hours:
Total:

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

% of readers think this story is Fact. Add your two cents.


Silver Report Uncut


***Support BeforeItsNews By Trying HerbAnomic Natural Health Building Products Including Humic & Fulvic Liquid Trace Mineral Complex, Immusist Beverage Concentrate & UltraCur Bio-Available Curcumin! Click Here For More Information & To Order!***


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.


***Support BeforeItsNews By Trying HerbAnomic Natural Health Building Products Including Humic & Fulvic Liquid Trace Mineral Complex, Immusist Beverage Concentrate & UltraCur Bio-Available Curcumin! Click Here For More Information & To Order!***



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com

Order by Phone at 888-809-8385 or online at https://www.herbanomic.com


Get our Free Ebook, "Suppressed Health Secrets"  with  Natural Cures THEY don't want you to know!

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Organic Hemp Extract (CBD) - Full Spectrum high CBD (3300mg) hemp extract eases stiff joints, relieves stress and more!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse
Loading...
    Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.