
De Facto Bail-In: Depositors Savings Are Now Branch "Investment Products
Anastasia Hlalele
18 min
News
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<p>On Wednesday, tanks belonging to the #CCP rumbled into the streets of Henan, #China, in an attempt to terrify #bankprotesters who were demonstrating against their frozen funds. People's savings at the Bank of China's Henan branch have been declared 'investment goods' and cannot be withdrawn, causing this occurrence. </p>
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De Facto Bail-In: Depositors Savings Are Now Branch "Investment Products
Anastasia Hlalele