🔴 Banks Scared of "Social Media" Triggering The Next Major Bank Run | Wednesday Live Talk

Regulators and banks, aware that early detection may not prevent a bank run, are focused on staying alert to avoid being surprised, as indicated by sources familiar with their mindset. The European Central Bank (ECB), while declining to comment directly, acknowledged in their November financial stability review that social media accelerates information dissemination but can also instigate or intensify financial shocks.

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