Tuesday, January 28, 2014

It would appear the fears of a global bank run are spreading.

Russian Bank Halts All Cash Withdrawals

2 comments:

SWIFT said...

None of this bad news seemed to effect the DOW. It closed up 90 plus points. The printing presses must be smokin. Corrupt scum.

Roger J said...

In Russian, "bank" also refers to a glass jar. Given Russia's long history of instability and currency devaluations, many Russians keep an emergency fund in a "bank" hidden in the apartment, in euros or dollars, of course.

Mike, glad Rosie is OK, and keep some good wishes for yourself, too.