5 years ago
French Banks Reportedly Begin To CLOSE, NOT ALLOWING WITHDRAWALS Ahead Of Yellow Vest Bank Run
Banks in France are reportedly either outright closing down, or experiencing “ATM glitches,” as the Yellow Vest’s planned “bank run” enters it’s first scheduled day today. Many believe that for every $100 of deposits, French banks have an average of $3000 of loaned money: a ratio of nearly 30 to one. This means that out of a population of 67.12 million, a bank run of only 2 million citizens could be absolutely catastrophic for France, and by extension the EU.
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