Chinese Bank Run Turns Violent After Angry Crowd Storms Bank of China Branch Over Frozen Deposits

Source: https://www.zerohedge.com/markets/chinese-bank-run-turns-violent-after-angry-crowd-storms-bank-china-branch-over-frozen
Published: Jul 10, 2022
Author: Tyler Durden
Post Date: 2022-07-10 23:13:34 by Horse
Views: 207

"They did not say they would beat us if we refused to leave. They just used the loudspeaker to say that we were breaking the law by petitioning. That's ridiculous. It's the banks that are breaking the law."

Poster Comment:

The Chinese government will not survive. Corruption, reckless money managers and a Grand Solar Minimum will take them down. But they could easily destroy the dollar before they go.

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#1: Pinguinite    To: Horse (#0)

Some 5000 years of empiric, feudalistic rule has made the Chinese people are culturally conditioned to submitting to authority. At this point it's in their DNA. That's why the CCP is in power.

Pinguinite posted on 2022-07-10 23:54:12   Reply   Private Reply

#2: Horse    To: Pinguinite (#1)

The Chinese Emperor had the Mandate of Heaven and controlled the water resources so he was top dog until Chinese people became impoverished and revolted. No Chinese government has ever survived a Grand Solar Minimum. Forty to Sixty years of bad weather will ruin them.

Horse posted on 2022-07-11 02:40:10   Reply   Private Reply