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HKim0072
China Observer
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Comments by "HKim0072" (@HKim0072) on "No Money in Banks: Can’t Withdraw, Missing Deposits, Restricted Transfers! China's Bank Run Imminent" video.
Dumbest system ever. Bank deposits in the west are consolidated. A branch isn't a subsidiary of the company, but just an extension for customer service. No such thing as a local branch failing in the US. (some branches may have "paper" liquidity issues, but that's just based on how much paper money they store at the branch.)
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That specifically isn't the issue. Likely, it's just part of the sum. Real Estate loans have to dwarf BRI loans by many tens of multiples.
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