Credit Swiss bank run

I wonder who is drawing out all the money, and what it is being used for?

Oh you mean like an airliner and cruise ship to use as transportation to the tropical island you bought for your wife ?

Yeah unfortunately I get you ... fuel and fert, or a private island, not enough to buy them both.

What do you mean? Is that not a good gift? I never have been good at reading her. So all the times she says “oh boy, thanks, that’s just what I wanted.” she didn’t really like it? Hmm, maybe it would be a better anniversary gift? That’s tomorrow. I’ll let you know how excited she gets.

Don't think there will be an actual bank run, like the video said - the Fed just creates money out of thin air and sends it out. Problem solved. Evergrande still hasn't collapsed as far as I know. Too much stuff is written from the beleif we have a free market system with rules and checks and balances.

I saw talk that with the FTX failure that $1B will be raised to "improve liquidity" in exchanges. Basically the funds aren't there for the Ponzi scheme to allow others to cash out so more will be put in to keep the Ponzi alive a while longer, until it is decided to end it. It has nothing to do with reality or how crypto currencies would actually function, but rather about how the people running the show want it to play out.

I have been looking at currency exchange charts of the BRICS nations to western nations and a curious thing is the Russian Ruble (among others) is trading at a very stable rate to western countries like Canada and US. Guess that economic war against Russia isn't going so well to destroy the Russian economy, in fact it is just the opposite as stable currency means the economy of another country isn't being manipulated and makes for easy trade. Wonder when our news tells us that those sanctions and destruction of the Russian economy isn't actually happening. I think the west is deciding right now to put a price cap on Russian oil. That works much better if you have bombs and bullets to tell what two countries must buy and sell, but the US telling India they have to buy Russian oil for a certain price seems to bring up the comment of "go pound sand" from both India and Russia. I don't doubt some people actually beleive a cap can be put on by the US without the US going in with military to make sure orders are obeyed.

Credit Swiss has an outflow of 90 billion.Outflow of that magnitude could be classed as a bank run

I heard it was only 88 billion.