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Tuesday, May 29, 2012

These Charts Showing What People Are Searching On Google Are Worrisome

You can learn a lot about what‘s on people’s minds by knowing what information they are searching for on the Internet. So what are people all across the globe searching for in droves? “Bank run.”

The econ blog Zero Hedge explains why that’s potentially concerning:

The volume of searches for the phrase ‘Bank Run’ has just hit an all-time high – higher now than even during the peak of the Lehman Brothers ‘moment’. While English dominates the language choices, the Europeans (Dutch, Germans, and French) are extremely ‘interested’ as are the Chinese [...] . It seems the fears of real ‘bank runs’ are becoming virtually ‘viral’ – not a good sign for the stability of the fictional-reserve-banking-dependent status quo. [Emphasis theirs]

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