4 BANKS RUNS IN 6 MONTH IN CHINA! THIS DOES NOT INCLUED OTHER BANK RUNS IN OTHER PARTS OF THE WORLDS, AS THE FOUR BANK RUNS I AM TALKING AOBUT IN THIS VIDEO ARE IN CHINA.
NOW CHINA 4TH LARGES BANK IS IN TROUBLE. THE PEOPLE CAN NOT GET THEIR MONEY FROM SAVING, CHECKING FROM THE BANK AS ITS CLOSED DOWN.
THE PEOPLE IN CHINA DO NO UNDERSTAND THAT WHEN THEY PARK THEIR MONEY INTO THE BANK, THEY BECOME A unsecured creditor AT THE END OF THE LINK TO GET ANY THINK BACK.
NOW, SOME PEOPLE SAY THERE IS BANK INSURANCE, AND I AGREE. HOWEVER EWHEN THERE IS MASS BANK FAILURE OR MASS AMOUT OF PEOPLE WANT THEIR MONEY AT ONE TIME, AND THE BANK INSURANCE IN MY OPIION WILL NOT HVE FUND TO TAKE CARE OF THE situation
WHAT THIS VIDEO FOR FULL EXPLAIN
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