This hasn't happened since the Lehman failure.
- Remember them?
Huge amounts of cash money have been 'parked' by Central Banks and other 'official bodies' with the US Federal Reserve Bank for safekeeping.
This is a broad loss of confidence and trust in commercial banks in general, and the European banking system in particular.
An indicator of a "Lehman II" financial crisis looming?
Friday, 2 September 2011
Official foreign accounts...............from Rico
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