Hurry up! When you can still take out cash/China's banks have the lowest capital levels in 30 years

According to reporters from the Shanghai Morning Post, in addition to the Agricultural Bank, the field assessment of 20 bank ATMs of 14 leading banks found that only 5 function normally, 7 have restricted functions, some have shortened hours, and more than half of the banks ATMs are paralyzed and not working.
The storm of unfinished buildings has already started and people have decided to stop repaying their mortgages; the rest of the consumers have no intention to buy homes and take out loans. The capital chain in the financial system of the Chinese Communist Party has suddenly broken.
The international environment is no longer rosy either. For years, China has benefited from a business cycle that has kept pace with the US. However, with inflation nearing double digits, the U.S. is now rapidly tightening its monetary policy. As interest rates in China and the U.S. converge, there is more incentive for capital to flee China, and while China's banks have tightened restrictions on dollar outflows, this has not stopped the outflow.

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