“If there is a run on the bank, any bank in the EU, you better be among the first to get your money out. Although it’s your money, the EU wants to Freeze Accounts to Prevent Runs at Failing Banks .. The entire European banking system is over-leveraged, under-capitalized, and propped up by QE from the ECB. Simply put, the EU banking system is insolvent .. That the EU has to consider such drastic measures proves the point.”

It’s Your Money But You Can’t Have It: EU Proposes Account Freezes to Halt Bank Runs

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