People Cannot Access Their Funds at Banks; Keep Cash on Hand

Economic Collapse News February 23, 2020.
Things are heating up in as citizens surround a Bank in Yichun, Jiangxi China. This brings us to an important point, cash is king. Now it’s clear the Central banks are going to print until they run out of paper and the Dollar will inevitably lose value but in the meantime having cash set aside for times of distress is always a good idea. Especially if there is an instance where large banks begin to fail. The bail in-laws have never been used in the US but if a systemically important financial institution fails due to economic collapse we may see just that. So it’s good to have access to your money. In Italy, we see there is a significant amount of people who have been asked to remain inside and several thousand in the US unless all of these people work online they will eventually run out of money.