What a wonderful morning it is. This news really brings a wide smile to my face along with a tremendous amount of joy.
You’ve gotta admire the French for taking this popular revolt to a whole new level. Just as France Moves To Ban All Protests As PM Announces Major Crackdown On Yellow Vests, protesters are upping the ante with a genius move by some organizers calling for a nationwide bank run (no, not the charitable kind, the ‘run on the bank’ as in ‘It’s a Wonderful Life’ kind).
Quoting from a recent RT article on the subject:
“If the banks weaken, the state weakens immediately,” said Yellow Vest sympathizer Tahz San on Facebook. “It’s elected officials' worst nightmare.”
Protesters plan to empty their bank accounts on Saturday, withdrawing as much money as possible in a bid to undermine the French banks – if not the euro itself. The plan is to “scare the state legally and without violence,” forcing the government to adopt the movement’s Citizens’ Referendum Initiative, which would allow citizens to propose and vote on new laws. [emphasis added]
I absolutely love the idea and added touch of throwing in a call for a Citizens’ Referendum Initiative for good measure! Swiss citizens have this in their country whereby the general public gets to vote on important issues, thus enacting the will of the people, rather than those of state cronies and special interest groups.
The French are absolutely fed up with countless abuses by the French governments, elites, and ruling class (as are many around the globe).
The sentiment can be best summed up by protester Maxime Nicole, as per the RT article:
“We are going to get our bread back…you’re making money with our dough, and we’re fed up,”
If you can understand French, listen to his extensive laundry list of things for which he and thousands of protesters are fed up with in the following YouTube video:
It is near the very end of the video where he mentions the call for the masses show their discontent by pulling their money from the banks. Prior to that, he addresses a lot of his frustrations directly to the French leaders. These include things such as excessive police brutality (especially towards women), the disinformation campaigns (and suppression of videos showing police brutality) of mainstream media, unequal treatment under the law, the fact that 70% of the French population support the Yellow Vest protests, and much more.
He also contends that protesters will be there every single Saturday this year until real change happens and the will of the people is respected and restored. It’s an amazing and impassioned speech if you can understand the language.
Protesters are now putting (or pulling, I should say) their money where their mouths are! One bank withdrawal at a time. We all know that banks follow fractional reserve banking which basically means they have insufficient cash on hand to satisfy a mere 1% of demand for account holders’ funds.
Although banks are closed on the weekend, protesters plan to make withdrawals via ATMs (as well as in branches on Friday) and it wouldn’t surprise me if they continued not only throughout the weekend, but actually start lining up on Sunday for a tense Monday morning open. George, are momma and poppa dollar busy reproducing in the backroom?
I am looking around the internet for news on this planned run on French banks, yet apart from the RT article, I don’t see much on the subject, and certainly not from French propaganda outlets such as Liberation.fr. Neither from Le Monde, La Tribune, Le Figaro, Le Parisien, Paris Match, Le Point, France 24, RFI, nor LCI. Crickets.
It’s as if they are under strict orders not to report on this issue, as they know the potential (and catastrophic) consequences that could ensue should this threat materialize.
It wouldn’t surprise me one bit for the powers that be to orchestrate/activate a false flag somewhere in France or nearby to shift the news coverage focus away from the Gilets Jaunes.
I would keep a close eye on the French stock market (CAC40 which at the moment is only down 0.58%) and the euro currency which is only slightly down against the dollar.
The contagion that could ensue to the broader banking sector, especially in Italy, could prove disastrous should this movement pick up steam in the coming days and weeks.
Stay tuned.
In French we say: “Ça va brasser!”
Image source
In Peace & Liberty
