Banks Have Almost Zero Cash: Prepare To Lose Your Savings
Brett Redmayne-Titley
GovtSlaves.com
Just like in 2007, the predictable upcoming financial crash will arrive suddenly overnight and the new day’s world economy will be in chaos. At the starting gun of this “run on the banks,” you had better be pretty quick.
Your bank has almost zero cash.
“I’m sorry, Sir. We are unable to cash this check,” were the ominous words delivered to me by a fresh faced, none-too-friendly, Wells Fargo Bank manager. He had just kept me waiting ten minutes while in consultation about my transaction. Returning to his cubicle he sat down quickly, now looking at me intently through narrowed eyes.
Three feet away, between us and in front of him, were three forms of my personal identification face up. He gazed down glowering at two checks also before him, written to me by a client and drawn on his bank. Not being a “Well’s” customer I expected a shake-down, hence the multiple forms of ID.
The two checks totaled a seemingly paltry sum of almost US$8,000.00. Not expecting this much difficulty I insisted on a reason, to which he replied, “I’m sorry, but the bank does not have sufficient funds on-hand to cash these checks.”
Really? Naturally, like the majority of capitalist indoctrinated bank depositors, I assumed that, as is traditional with banks, this one would have lots of cash. Au Contraire.
Unapologetically he informed me that he was “sorry” but he could only cash one of the checks at this time. Both checks were for about the same amount. I inquired if this was a new bank policy and was told that the bank simply did not have enough cash, and, “no”, I could not come back at the end of the day after the bank had received the days cash deposits. However, if I went to a larger branch they might be able to handle both checks.
The Rest…HERE
