Cristine Wellington - Comments

Latest Comments
What A Bank Run In China Looks Like: Hundreds Rush To Banks Following Solvency Rumors
10 years ago
This is really interesting! A bank run occurs in a fractional reserve banking system when a large number of customers withdraw their deposits from a financial institution at the same time and either demand cash or transfer those funds into government bonds or a safer institution because they believe that the financial institution is financially ruined.That is why a definite direction and greater defense against bank runs are perhaps the only things that will keep customers from aggrandizing their financial problem. I wish I had money so I can withdraw it from the bank now, but I don't have any since I only have the cash advance which helped me during hard economic times.
Bank Runs Begin In Ukraine As Russia's Largest Bank Halts Lending
10 years ago
Thank you for posting it here. This is really interesting! A bank run occurs in a fractional reserve banking system when a large number of customers withdraw their deposits from a financial institution at the same time and either demand cash or transfer those funds into government bonds or a safer institution because they believe that the financial institution is financially ruined.That is why a definite direction and greater defense against bank runs are perhaps the only things that will keep customers from aggrandizing their financial problem. I wish I had money so I can withdraw it from the bank now, but I don't have any since I only have the cash advance which helped me during hard economic times.
1 to 2 of 2 comments

Following (0)

Followers (0)

Stocks I follow

General Stats

Article Comments

Received: 0
Created: 0