French bankers have a nervous morning ahead. They are waiting to see whether a campaign calling on depositors to withdraw all their money will really catch on.
The campaign has been organized by a former French football star against what he calls the “corrupt and criminal” financial system.
The crime: a massive financial crisis with entire countries going belly-up and governments being forced to impose austerity measures. The culprit: public sentiment points to banks and the people that run them.
”These are predatory monstrosities made up of weapons of mass financial destruction whose sole purpose is to kill themselves and others,” says Max Keiser – economist and the host of RT's Keiser Report. “They’re suicide bankers, they’re predatory bankers, they’re financial terrorists and therefore they need to be eliminated.”
For those who agree, the question is how?
”Nowadays, what does it mean to be on the street? What does it mean to demonstrate?” Eric Cantona, a former football player questions. “This isn’t the way anymore. The three million people with their placards on the street, they should go to the bank, withdraw their money from the banks and these ones collapse. A real revolution.”
No stranger to heeding a call to arms, especially coming from a football superstar, the French wasted no time. Online groups were formed urging people to participate in a coordinated worldwide bank run on December 7, the number of Cantona’s lucky shirt.
Alex Janet is one of tens of thousands who pledged to join the campaign: “We’re, sort of, fed up with them controlling all the wealth, and we could say 'stop using us.' We need to show that we can have a certain impact. That we’re not just cattle they can mess around with and can do anything with.”
”Trends are born, they grow, they mature, they reach old age and they die. This one is just being born,” the founder of The Trends Research Institute, Gerald Cenete, explains.
We believe it’s going to have a lot of strength considering the outrage people worldwide have against the bankers.
However, could mass withdrawals really cause the collapse of the entire banking system, as some economists argue – a system the public needs?
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