(ReclaimingAmerica.net) – As fears of an impending global recession grow — many economists believe the United States of America is already in a recession — citizens across the globe are worried about the security and availability of their money.
And, as you can see in the video further down this post, in China, citizens have begun storming banks demanding access to their deposits that have been witheld from them for months now.
As Breitbart reports in “China Urges World to Disregard Protesters Storming Banks for Cash”:
“An estimated 1,000 people participated in a rally outside the Zhengzhou branch of China’s central bank on July 10 to demand the bank release millions of dollars in deposits that were frozen without explanation in April. Several people told various media outlets, including Reuters and the Associated Press (AP), that they were physically assaulted by security personnel associated with the bank and police officers while demonstrating on Sunday.” [emphasis added]
“People in China affected by the central bank’s decision to freeze millions of dollars in deposits in April have attempted to withdraw their deposits for months, with the effort culminating in Sunday’s roughly 1,000-strong protest in Zhengzhou.” [emphasis added]
The question financial experts are asking now is whether what is taking place in China could spread to the United States and other countries around the globe.
Here is the video showing what is taking place in China:
This is huge. Don't know how this will end. Henan bank is NOT the only one that is having problems with liquidity. All four Chinese banks are having the same issue. Some depositors found they can save and can NOT withdraw money with their bank cards. #bankrun #China #CCP pic.twitter.com/5WYYgpmIWP
— Jennifer Zeng 曾錚 (@jenniferatntd) July 10, 2022
What is your opinion? Do you believe banks in the United States of America are financially stable? Or, do you think they might withhold funds from Americans just as the Chinese banks are doing to their depositors? Please share your thoughts by emailing [email protected]. Thank you.