OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» FOOTAGE RELEASED - It's Hammer Time - San Francisco judge orders police bodycam footage of Paul Pelosi attack to be released
China Halts Bank Cash Transfers, as did America. Why? EmptyToday at 2:46 pm by PurpleSkyz

» UPDATED! BOMBSHELL: New Project Veritas video hits it out of the park!!! Watch now!
China Halts Bank Cash Transfers, as did America. Why? EmptyToday at 1:52 pm by PurpleSkyz

» There's a 'Lost City' Deep in The Ocean, And It's Unlike Anything We've Ever Seen
China Halts Bank Cash Transfers, as did America. Why? EmptyToday at 12:46 pm by PurpleSkyz

» Food shortages will increase in 2023: here are the top 13 most likely products to show scarcity
China Halts Bank Cash Transfers, as did America. Why? EmptyToday at 11:34 am by PurpleSkyz

» Hunter Biden Was Receiving Classified State Department Briefings on a Regular Basis – Used to Promote Biden Family Business
China Halts Bank Cash Transfers, as did America. Why? EmptyToday at 11:25 am by PurpleSkyz

» First Commercial-Scale Nuclear Fuel Recycling Facility Being Developed
China Halts Bank Cash Transfers, as did America. Why? EmptyToday at 11:07 am by PurpleSkyz

» Where the Hell Are Biden’s Weed Pardons?
China Halts Bank Cash Transfers, as did America. Why? EmptyToday at 11:04 am by PurpleSkyz

» Former Detroit Lions Player Dies at 25, Team Announces
China Halts Bank Cash Transfers, as did America. Why? EmptyToday at 11:00 am by PurpleSkyz

» CHD Sues FDA to Obtain Documents Related to VAERS Reports on COVID Vaccine Injuries, Deaths
China Halts Bank Cash Transfers, as did America. Why? EmptyToday at 10:54 am by PurpleSkyz

»  Breaking: Federal Judge Blocks California Law Punishing Doctors for ‘COVID Misinformation’ aka "COVID VAX TRUTH"
China Halts Bank Cash Transfers, as did America. Why? EmptyToday at 10:53 am by PurpleSkyz

» Satire Or Serious: "Why Didn't The Unvaccinated Do More To Warn Us?"
China Halts Bank Cash Transfers, as did America. Why? EmptyToday at 10:49 am by PurpleSkyz

» Died Suddenly's - 01/26/23
China Halts Bank Cash Transfers, as did America. Why? EmptyYesterday at 11:53 am by PurpleSkyz

» Earth’s Core Has Stopped and May Be Reversing Direction, Study Says
China Halts Bank Cash Transfers, as did America. Why? EmptyYesterday at 11:48 am by PurpleSkyz

» Transgender Agenda News
China Halts Bank Cash Transfers, as did America. Why? EmptyYesterday at 11:33 am by PurpleSkyz

» Parsing an Ungrateful Generation
China Halts Bank Cash Transfers, as did America. Why? EmptyYesterday at 11:22 am by PurpleSkyz

» ‘Engineered’, Yes,…But In The Wuhan Lab?
China Halts Bank Cash Transfers, as did America. Why? EmptyYesterday at 11:18 am by PurpleSkyz

»  Establishment Demands You Stop Damar Hamlin Conspiracy Theories
China Halts Bank Cash Transfers, as did America. Why? EmptyYesterday at 11:10 am by PurpleSkyz

» Record Renewable Energy Generation in Australia Led to Record Low Demand and Emissions in Fourth Quarter of 2022
China Halts Bank Cash Transfers, as did America. Why? EmptyYesterday at 1:03 am by PurpleSkyz

» Consuming medicinal cannabis oil improves sleep in adults with insomnia
China Halts Bank Cash Transfers, as did America. Why? EmptyYesterday at 12:53 am by PurpleSkyz

» Major Blow as Experimental HIV Vaccine Fails in Late Clinical Trial
China Halts Bank Cash Transfers, as did America. Why? EmptyYesterday at 12:35 am by PurpleSkyz

» Oh Oh!! - 90 seconds to midnight
China Halts Bank Cash Transfers, as did America. Why? EmptyYesterday at 12:31 am by PurpleSkyz

» NASA is building a nuclear rocket to get to Mars in just 45 days
China Halts Bank Cash Transfers, as did America. Why? EmptyYesterday at 12:29 am by PurpleSkyz

You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » FINANCIAL COLLAPSE » China Halts Bank Cash Transfers, as did America. Why?

China Halts Bank Cash Transfers, as did America. Why?

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
Admin

China Halts Bank Cash Transfers, as did America. Why?

Posted by shaun gibson on January 27, 2014

China Halts Bank Cash Transfers, as did America. Why? Us-china
Strange one this and just breaking news, remember my blog about America stopping LARGE or any real big wire cash transfers abroad, well Chin have just done the same. This was my blog in October 24th last year http://prayingforoneday.wordpress.com/2013/10/24/chase-hsbc-others-nationwide-limit-cash-withdrawals-ban-international-wires/ There seems to be a shortage of real money around the World just now. Only last week HSBC told customers to PROVE why they were taking money out of their accounts and making it near impossible to leave the bank due to “new charges” Here is the article http://prayingforoneday.wordpress.com/2014/01/25/hsbc-tell-customers-to-prove-why-they-wan-to-withdraw-money/ What does this mean for you and me, well at  this stage I would say not a lot but if this trend continues I can see all of us struggling to get our money we own out of the banks. I don’t know what to make of all this. http://www.forbes.com broke the story but check the story now, http://www.forbes.com/sites/gordonchang/2014/01/26/china-halts-bank-cash-transfers-2/ I will leave other links to this story below. Actually as I looked at other sites I notices the URL was there but a notice of “Story not available” on a few sites. If interested go look yourself. This did happen, why are websites now not covering the story? There is a connection to all these bank and money issues. I will keep on the ball and see what I can get from it all. Anyone smarter than me? Please, give me a hand
ANYONE?
According to this breaking story from Forbes.com, China has halted all bank cash transfers as shared in the story below. WHY would China’s central bank ORDER commercial banks to put an end to cash transfers? Is this the next step in the global currency war? Could this lead to WW3 as is now being argued by some? With America already practically ‘owned’ by China and getting more in debt every year, this can’t be a good thing. Video reports on China’s money problems also below.
The People’s Bank of China , the central bank, has just ordered commercial banks to halt cash transfers.
In short, there will be a three-day suspension of domestic renminbi transfers. There will also be a suspension, spanning nine calendar days, of conversions of renminbi to foreign currency.
The specific reason given—“system maintenance” at the central bank—is preposterous. It is not credible that during the highest usage period in the year—the weeklong Lunar New Year holiday beginning January 31—the central bank would schedule an upgrade and shut down cash transfers.
A better explanation is that the country’s banking system is running dry. Yes, there is an increased need for money in the run-up to and during the Lunar New Year holiday, but that is only a small factor. After all, central bank officials knew this spike in demand was coming—it occurs every year at this time—and a core function of central banks is to manage seasonal liquidity fluctuations. Moreover, the holiday has not started yet, and the PBOC, as that institution is known, could have added more liquidity to meet cash needs.





http://beforeitsnews.com/economics-and-politics/2014/01/china-halts-bank-cash-transfers-forbes-2461052.html
http://www.maxkeiser.com/2014/01/china-halts-bank-cash-transfers/
http://www.silverdoctors.com/lehman-2-0-china-halts-all-bank-transfers-for-3-days/

Thanks to: http://prayingforoneday.wordpress.com



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum