Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Having being in Russia when actual bank runs took place there in the early 90s, this doesn't look like such a massive event. 5.5% devaluation is marginal, frankly. In a real bank run, the value of the dollar or gold could easily triple or more.

It does point to problems and instability, but not as such to an endgame.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Fri Dec 30th, 2011 at 06:40:13 AM EST

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