Economics - Agricultural Bank of China's local branches limit withdrawal limit

hellolinux2021
·
(edited)
·
IPFS
·
The economy can be seen starting to turmoil

Source: Restricted to withdraw only 1,000 yuan a day? ABC customer service: There is no such restriction, or local requirements

This news has no other meaning. The four major banks will definitely not have the problem of being unable to pay. However, local banks or branches will have short-term restrictive behaviors due to pressure from local governments or local economic problems, mainly debt problems.

For the national level, of course, this kind of news is the most hated. Generally, it is not good if there is such news. Once there is, some people will go to the bank to withdraw money. Not to mention too much, everyone will withdraw tens of thousands of dollars. , although not much, but the base is large, and the bank itself is reducing the reserve ratio. If there is a run, the bank is prone to problems.

No bank in the world can withstand a run, physical or virtual.

The above problems all indicate that the economy is very inactive, there are problems in the local economy, the local government revenue from real estate has been greatly reduced, and many government expenditures have become problematic, including the wages of civil servants and teachers.

When debts go up, the pressure is enormous. No matter whether it is an individual, a family, or the government, there is no way to avoid it.

Cherish life.

CC BY-NC-ND 2.0

Like my work? Don't forget to support and clap, let me know that you are with me on the road of creation. Keep this enthusiasm together!

hellolinux2021欢迎拍手与交流,个人Channel:https://t.me/hellolinuxLab Sentinel DVPN中文社区管理,技术及使用支持 https://t.me/Sentinel_China 个人主页:https://hellolinux.uk/about
  • Author
  • More

20220820近况更新

费曼学习法

obsidian的annotator插件