US Government May Freeze American Bank Withdrawals as Currency Crisis Looms, Says Hugh Hendry
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Macro guru Hugh Hendry has issued a major warning about the US banking system and the American economy. In a recent interview with Bloomberg Markets, Hendry stated that panic and capital flight away from the US banking sector are entirely justified. He believes that a further decline in the M2 money supply, which partly tracks money in liquid checking accounts, could prompt the US government to intervene and prevent citizens