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Russian bank run

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posted on Oct, 16 2008 @ 01:29 PM
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benbittrolff.blogspot.com...

First one over there.


"Run on Russian bank heightens fears: “Globex on Wednesday banned depositors from withdrawing their money as confidence in the Russian banking system began to show signs of evaporating."




posted on Oct, 16 2008 @ 01:53 PM
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yeah aint fractional reserve banking fun.. have 100 bucks loan out 1000.. great scheme till every one wants there 100 bucks out of the bank.

Sorry i cant say i didn't see this coming.. were on the edge of a steep fall right now on a global scale , all it will take is a little shuv and it will be a free fall.



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