WARNING Bank Runs Start in Crimea

You have to wonder what the plan is. In Greece you have the government telling people have faith in the banks, put your money in and yet the same government is saying they will start taking money out of bank accounts to pay alleged tax arrears. You have the same in the UK. Banks need recapitalization, they need to clean their balance sheets, and yet you see stories which only make people wary of putting money in the bank. And now Russia So the central banks and the money center banks want/need money just not from depositors. It is almost as if they like being in a hole because they can demand money from government rather than having to make all those pesky loans which leads to all that extra paperwork and risk. Much easier and more profitable to buy politicians and blackmail governments.





Ukrainians Attempt BANK RUN. Bank Limits to $150!
As the bank runs continue, the banks have learned from history and prevented a collapse of the banking industry. They have imposed cash withdrawal limitations as a method to prevent this defunding of the banks. This has happened in many countries around the world. It will happen to you. Get yours out now
Jittery customers run on banks in Crimea
Ukraine's largest bank says customers in the nation's Crimean Peninsula are lining up to withdraw cash from their accounts as the region occupied by Russian troops
the bank has imposed a limit of 1,500 hryvna ($150) on daily withdrawals across all of Ukraine.
Cyprus banks to reopen with strict cash limits
Russian Bank Halts All Cash Withdrawals
John Kerry: Russia has until Monday to reverse course in Ukraine