Press "Enter" to skip to content

Bank runs begin in Russia, serving as a reminder for ALL people to question the stability of all banks around the world

By: Lance D Johnson

 

No matter which country you live in …. get your money out of the banks. If you have spare cash rather invest it in something stable like silver/gold and don’t leave that inside a bank.

Bank runs have already begun in Russia. The Russians are flocking to the banks and ATMS, as Russian banks are cut off from The Society for Worldwide Interbank Financial Telecommunication (S.W.I.F.T.). This international system is the main messaging network by which banks process financial transactions worldwide. Global institutions are targeting Russians at a rapid pace. Entire banks are being “canceled” in Russia, and the citizens there will ultimately be the ones who suffer.

People losing faith in banks worldwide

All around the world, people are losing faith in the traditional banking system. When Justin Trudeau announced dictatorial control over Canadian banks and began looting private citizen’s bank accounts, the people of Canada responded by taking their money out of banks en masse. Now Russians are making a run for their money, as Russia is sanctioned and cut off from the Western world and the international banking cartel.

As Russian banks are cut off from SWIFT, they are unable to transfer or receive funds from other banks. This is halting foreign transactions and currency conversions. This not only threatens the solvency of these targeted banks, but it also fuels speculation that the ruble could soon collapse. On Monday, February 28, people across Russia stood in line for hours to get their money out of ATM machines. Lines formed as early as 5AM, as the international community threatened to sanction and shut down the Russian banking system.

 

READ MORE….

Daily News PDF Archives – Jellyfish.News 

Breaking News: