Tuesday, January 28, 2014

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

Russian Bank Halts All Cash Withdrawals


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.