A disturbing trend in banks seazing funds

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2 years ago
Topics: Knowledge, Finance, News

This trend of banks seazing account holders money is becoming a disturbing turn of events that we are seeing more often.

Is it a sign of the times we live in or is it that greedy banking cartels are aware of something bigger incoming, I.e. a financial collapse.

Honestly I personally could not fathom leaving my entire life saving in a bank that charges me monthly interest to loan them my money, I can never understand the mentality behind this, you are simply paying monthly fees to lend your money to a corrupt institution, while that money continues to lose value.

Then when they feel like it they can just seaze your saving/ money or whatever is left of it.

Honestly some folks ask for it, take your money out of those financial institutions before it becomes your problem.

The following link is about an incident in China where citizens were injured on 10th July while protesting at a banking HQ over some 6 Billion in funds that were frozen in April.

SOURCE:

https://news.bitcoin.com/china-frozen-bank-account-controversy-affected-clients-injured-during-protests-nearly-6-billion-missing/

#finances

#corruption

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