Tag Archives: bank runs

US Banks Preparing for Bank Runs

Bank runs in the United States? Who would have thought it? David DeGerolamo US Banks Stuffing ATMs With 20-30% More Cash In Case Of Panicked Withdrawals Even as the fearmongering over the debt ceiling hits proportions not seen since 2011 … Continue reading

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Lies, Deceptions and Bank Runs

See additional comments on Tea Party Nation. The federal government and the media have deceived the people about the true state of our economy. If, has now been replaced by “when” will the economy collapse. What are the signs that … Continue reading

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Will the Cypriot banking crisis force the European Central Bank into its own version of the U.K.’s Funding for Lending scheme

Will the Cypriot banking crisis force the European Central Bank into its own version of the U.K.’s Funding for Lending scheme? When Cyprus’s two biggest banks failed, and uninsured depositors were forced to take massive losses, there were initial fears … Continue reading

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The Great Cyprus Bank Robbery

The dramatic recent events in Cyprus have highlighted the fundamental weakness in the European banking system and the extreme fragility of fractional reserve banking. Cypriot banks invested heavily in Greek sovereign debt, and last summer’s Greek debt restructuring resulted in … Continue reading

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The Bank Runs Have Started

It made no sense. Why would people keep their money in a bank for 0.01% interest while real inflation is running close to 6%? Where were the bank runs since the Cypriot bail-in (theft) was made public? It appears that … Continue reading

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CYPRUS BANKS TO REMAIN CLOSED THROUGH MARCH 27: CENTRAL BANK

We thought it useful to consider Cyprus in relation to the longest bank closures in history. Cyprus has now shutdown its banking system longer than Argentina, Ecuador, and Uruguay and as far as President Anastasiades comments that capital controls are temporary – … Continue reading

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If Cyprus Is Fixed, Why Are the Banks Still Closed?

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Cyprus vs Bankocracy: ‘Mattress better place to keep cash than banks’

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This Crazy Cyprus Deal Could Screw Up A Lot More Than Cyprus…

You can be forgiven for thinking that you don’t need to give a hoot about what’s going on in Cyprus this weekend. After all, it’s just a little island somewhere in the Mediterranean. But what’s going on in Cyprus could … Continue reading

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CYPRUS PARLIAMENT DELAYS BAILOUT VOTE, BANK HOLIDAY EXTENDED TO TUES, PRESIDENT WARNS BANKS WILL COLLAPSE IF NOT PASSED

In his interview with The Doc last week, Jim Willie stated that THE COLLAPSE IS ON OUR DOORSTEP! and made the case that the great financial reset will begin with a small trigger in Europe.  The Cypriot depositor haircut to bailout the Cypriot banking system is beginning … Continue reading

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This Is What Happens When Your Money Is 1’s and 0’s

If you have your money in a bank, stock, bond or even a safe deposit box, it is not really yours. Hard to believe that the world has returned to a time where if you cannot physically touch it and … Continue reading

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Spanish Bank Runs and Struggling Deutsche Bank

There is a fully fledge bank run ongoing in Spain that is not being adequately reported in the mainstream news media. In June $70 billion dollars left their system. In July it was $92 billion which is 4.7% of total … Continue reading

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European Bankers & Top Politicians Fear Collapse of the Euro: Flight-of-Capital and Silent Bank Runs

How Big Is the Eurozone ‘Flight-of-Capital’? The amounts involved in the flight of capital from the Eurozone are truly substantial. Silent bank runs are now happening within the eurozone. Up until a few months ago, they were relatively slow and … Continue reading

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Bank Run in Europe; Can it Happen in the U.S.?

With the Greek financial crisis unfolding, new reports of bank runs occurring have started to pop up. Over the last year or two approximately two billion to three billion euros have been withdrawn every month and this has recently accelerated … Continue reading

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Bank Runs and Border Closings

Are currency controls and bank runs in our future? Recent reports indicate that 100 Billion Eurodollars have recently left Spain as residents fretted about the safety of their money and approximately 10% of Italian capital has  fled the country.  In … Continue reading

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