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"They Want Their Monies Out" – Baltimore Residents 'Storm Bank' Amid Fears Of Social Unrest

Posted By: GeorgeEaton
Date: Monday, 6-Apr-2020 00:24:41
www.rumormill.news/143849

by Tyler Durden, 4/5/2020
Excerpts:
The evolution of panic hoarding started with 3M N95 masks, then hand sanitizers, non-perishable foods, guns and ammo, and now cash?

A video surfaced on Instagram on Saturday, showing a possible bank run in Baltimore City at the MECU Credit Union, located at 2337 E Northern Pkwy.
The area is considered low/middle class working families (predominantly African American community). The video shows a large line of cars on Saturday afternoon and a line at the ATM. People weren't cashing in their paychecks because many people were laid off, as we noted, more than 14 million people in the last several weeks have lost their jobs across the county, and what we could be looking at is the beginnings of a bank run.
Davis said residents are going to the local banks because they fear banks are going to fail, and unrest could be nearing.
Davis said for weeks the National Guard had staged military tent cities across the Baltimore–Washington metropolitan area. She said military Humvees had been spotted in East Baltimore (down the street from MECU bank), more specifically on East Monument Street, near the Johns Hopkins Hospital, which she adds is a low-income/high-crime area.
Davis said residents had concerns that military vehicles on the streets could suggest that social unrest is nearing. She said, "you know it is kind of weird, everyone just lost their jobs, people are freaking out, and now people are storming the bank."

"They want their monies out," Davis said, adding that some people in the community have been watching their 401ks crash, and others have been watching the news that a recession could be imminent.

Last month, the smart money in Mid-Town Manhattan and Hamptons were withdrawing as much cash as they could, with at least one bank running out of $100 bills.


more at source:
https://www.zerohedge.com/markets/they-want-their-monies-out-baltimore-residents-storm-bank-amid-fears-social-unrest





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