A Run On The Global Banking System—How Close Are We?

http://www.informationclearinghouse.info/article30085.htm

OR

http://gonzalolira.blogspot.com/2011/12/run-on-global-banking-systemhow-close.html

“The MF Global scandal has made it clear that the integrity of the system has disappeared,” said a good friend of mine, Tuur Demeester, who runs Macrotrends, a Dutch-language newsletter out of Brugge. “The banks are insolvent, the governments are insolvent, and all that’s left is for the people to realize what’s going on—and that will start a panic.”