China continues to lead the world in implementing the Globalists’ Great Reset, as financial systems around the world begin to collapse. Watching what is happening in China, if you can find the heavily-censored news, will give a preview of how things are likely to unfold in other countries.
Over the past two months, thousands of depositors have been fighting to recover their savings from at least four rural banks in Henan — in a case that involves billions of dollars. In late May, hundreds of them traveled to Zhengzhou from across China and outside the office of the Henan banking regulator to demand their money back — to no avail.
Now, bank failures now seem to be accelerating in China, as panic begins to set in among the public, and it is being reported that in some areas people are standing in line for many hours trying to withdraw funds from their accounts.
Following Henan, banks in Shanghai and Dandong (Liaoning) also witnessed a long traffic jam in front of their headquarters.
More details of this report from ‘The BL’:
Recently, freezing depositors’ accounts by four rural banks in Henan has become a hot topic on social media. As a result, customers of these banks could not withdraw their money which led them to move to Zhengzhou, Henan to claim their rights. Following Henan, banks in Shanghai and Dandong (Liaoning) also witnessed a long traffic jam in front of their headquarters.
Depositors in Dandong, Liaoning Province, could not receive their deposits.
Youtube channel Zai Ye Shuo posted a video stating that on June 17, many people lined up outside Dandong bank waiting to withdraw their money. The channel wrote, “Done! Bank can’t withdraw money! There was a run on a bank in Dandong, Liaoning, and a thunderstorm on the banks of Henan village caused panic.”
In the video, a long line of depositors can be seen outside Dandong bank, hoping to be able to withdraw their money.
Another video shows the traffic jam at Dandong Bank, Liaoning, on June 16.
6月16日，辽宁丹东银行发生挤兑！ pic.twitter.com/QAVrgYtFEG
— 谢万军 Wanjun Xie (@wanjunxie) June 17, 2022
Vision times quoted a witness as saying: “When I went to the Rural Commercial Bank, the rural merchants had no money, when I went to Dandong Bank, there were many people, I don’t know in the end whether they got the money or not.
Seeing so many people waiting to withdraw money, a man at the scene said: “It’s been like this these days, it’s like that every day.”
The incident that many depositors in Dandong City, Liaoning Province, could not withdraw their deposits sparked a wave of comments:
“Banking tricks, they purposely tell you to take out so they don’t have to pay interest.”
“Many banks in mainland China are about to collapse! They are closed.”
“The people’s sweat, tears, and riots, heaven will not forgive them.”
“Will future recipients be charged with plotting to overthrow the country?”
“It hurts to see such a great and weak country.”
“People with money in the bank should give it as soon as possible to buy valuables to preserve their value. The bank storm will have a chain reaction. Dandong is just the beginning.. . Let’s see!”
“Hell on earth, really pitiful”
The Gateway Pundit added:
Steve Bannon warned about China and shared that the people of China would take their money elsewhere in a second if the currency was allowed to leave China. We are seeing this today. The people of China don’t trust their banks.
Watch it here: CNBC/Youtube
What Bannon said is happening now.
Look at their economy. It’s not strong. The real estate market is crashing. Buildings are sitting empty and there is no money to pay for them. Evergrande was one casualty of this disaster.
The people in Asia see it. This is why China is doing all it can to economically destroy the US. They feel that they have to. It will help cover up their imploding economy. They are happy to destroy the entire world economy if it covers up their weakness.
Sources: TheGatewayPundit, Vision times