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French Protesters Want to Set Off Bank Run with Withdrawals

Published: January 9, 2019
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Source: cryptogon

Source: AP

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Activists from a French protest movement encouraged supporters Wednesday to set off a bank run by emptying their accounts, while the government urged citizens to express their discontent in a national debate instead of weekly demonstrations disrupting the streets of Paris.

Activists from the yellow vest movement, which started with protests over fuel tax increases, recommended the massive cash withdrawals on social media. One protester, Maxime Nicolle called it the “tax collector’s referendum.”

“We are going to get our bread back … You’re making money with our dough, and we’re fed up,” Nicolle said in a video message.

The movement’s adherents said they hoped the banking action will force the French government to heed their demands, especially giving citizens the right to propose and vote on new laws.

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