EU Prepare To Freeze Public Bank Accounts To Protect Failing Banks

by | Aug 1, 2017 | Bitcoin, Economy, Government, News, Politics, World News | 0 comments

EU freeze bank accounts

European Union states are looking at ways to protect the banking empire to which it serves by freezing the public’s bank accounts to prevent bank runs, Reuters reports:

European Union states are considering measures which would allow them to temporarily stop people withdrawing money from their accounts to prevent bank runs, an EU document reviewed by Reuters revealed.

The move is aimed at helping rescue lenders that are deemed failing or likely to fail, but critics say it could hit confidence and might even hasten withdrawals at the first rumours of a bank being in trouble.

The proposal, which has been in the works since the beginning of this year, comes less than two months after a run on deposits at Banco Popular contributed to the collapse of the Spanish lender.

This type of action is nothing new and has already occurred sporadically over the last few years, HSBC changed policy without notice to stop customers from withdrawing amounts exceeding £5000 unless they could provide a valid reason for wanting their own cash!

The BBC Reports:

Some HSBC customers have been prevented from withdrawing large amounts of cash because they could not provide evidence of why they wanted it, the BBC has learnt.

Listeners have told Radio 4’s Money Box they were stopped from withdrawing amounts ranging from £5,000 to £10,000.

HSBC admitted it has not informed customers of the change in policy, which was implemented in November.

Many experts now believe the entire World is on the brink of economic collapse and the power structure is rapidly looking into ways to how to prevent their structure from collapsing with it. The following article which we published last year warned of the up and coming collapse:

Warning – Banks Preparing to Perform the Greatest Heist in History

It is so important that you protect yourself from the imminent collapse as your money will not be safe, if it is held in a bank don’t expect it till be kept safe – in fact your money will be used to bail the banks out, now known as a ‘Bail in’.

https://youtu.be/UcdDa77rIG4

The elite manufacture economic booms and collapses in an effort to quickly shift any new accumulations of wealth outside of the power structure, back into the hands of the power structure – they’ve been doing it for hundreds of years!

The Enslavement Of Society By The Fraudulent Banking Elite

Ceribalius

Ceribalius

Ceribalius is a pseudonym used by one of our writers, he/she is a digtial nomad and dedicated fighter of freedom and liberty. If there is something that needs saying which no one else is, he/she is the one to do it.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Coronavirus – What is ‘Mask Mouth’?

Dentists around the World are seeing an explosion in tooth decay in their patients as one of the side-effects of wearing a mask becomes...

Weekly Covid-19 Tests For Children Returning to School In The UK?

In a desperate attempt to get children back into School in September, calls for weekly Covid-19 testing on children and teachers have been...

Former Circus Scientist Says UK Could Go Into Lockdown By September

Ex-government advisor Sir David King warns UK may return to lockdown by September. Britons could be facing another full lockdown before schools...

George Floyd – Leaked Body Cam Video Contradicts Official Narrative

A police body cam video which was recently leaked after being held back by the courts for weeks now dirties the official narrative surrounding...

Beirut Explosion – Is That The Sound Of Jets Flying Over-Head? – Video

A video which has allegedly been recovered from one of the victims mobile phone shows the two minutes leading up to the devastating explosion...

New ‘Second Wave’ Covid-19 Powers Allow UK Councils to Bulldoze Private Property

Local authorities will be able to order the demolition of buildings at the centre of coronavirus outbreaks under draconian powers to contain a...

Massive Explosion in Beirut Causes Devastation

An explosion in the Lebanon city of Beirut has left many dead and thousands injured. Reports are still coming in on the details of the...

Bill Gates Called Out As Paedophile on MSM – TV Gold

Clay Clark calls out Bill Gates on Mainstream News: "I don't think we should be listening to a pedophile for how to treat our kids. Period. And...

Covid-19 Vaccine Manufacturers Protected From Accountability Due To Side-Effects

A senior executive for pharmaceutical giant AstraZeneca has confirmed that his company cannot face legal action for any potential side effects...

Documents Claim Prince Andrew Helped to Reduce Sentence For Epstein

Newly released court documents on a lawsuit against Ghislaine Maxwell have brought to light some interesting revelations. This particular...

Stay Connected and Subscribe

Join our mailing list to receive the latest news and research material direct to your email. You can opt out at any time.

Thank you for subscribing!

Pin It on Pinterest