Coming

To

America Soon?

EU explores account freezes to prevent runs at failing banks

BRUSSELS (Reuters) - 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.

DYI:  You can be on it!  As long as the U.S. has the Federal Reserve – its private and there are NO reserves – stopping bank runs (remember it IS your money) we be paramount.  U.S. banks are now in far worse shape than ever before when a crises occurs this will be the Fed’s and Treasury’s rabbit out of hat trick in order to bail out the banks. 

DYI