Olduvaiblog: Musings on the coming collapse

Home » Australasia » Seen On An ATM In Western Australia | Zero Hedge

Seen On An ATM In Western Australia | Zero Hedge


Seen On An ATM In Western Australia | Zero Hedge.

With iron-ore stockpiles at record highs in China amid the escalating cash-for-steel financing debacles, one can only imagine the squeeze that is about to occur on the banks of a nation that is almost entirely economically dependent on said iron-ore mining production… which made us think when we saw this sign “justifying” holding low cash amounts in an Aussie bank ATM

 

 

So no need for a withdrawal halt per se when you simply make it impossible for customers to get their money out…

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