3 ms·
I doubt a modern bank run gives you a fistful of anything. It probably means converting the currency to usd and maybe having it leave the country. It's pretty c
by sudonim 15y ago
I doubt a modern bank run gives you a fistful of anything. It probably means converting the currency to usd and maybe having it leave the country. It's pretty common in other countries to offer us dollar bank accounts. If you don't trust the political leadership, you can transfer your money to a safer banking center too (Switzerland?).
- mynameishere 15y agoThis is correct. A modern bankrun is not by ordinary savers, but by institutions moving millions or billions from one instition to another, by the click of a mouse. This is what nearly got out of hand in 2008.