Suffer the most extreme losses when withdrawn

I have never used a cash card. When I use that kind of thing, I feel like shopping for no reason, so I don’t use it very much. No, I have never paid with a cash card.

The bank is expected to be damaged, but the woman at the window said with a smile¹

Now it ’s Hong Kong protest information. On August 16, there is a new movement to withdraw as much money as possible from ATMs and convert it to US dollars.²

The reason why China has accepted the transitional form of Hong Kong’s 1 country 2 system³

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1. Instead, I use the ATM frequently. the reason? Because there are so many in town! The amount of withdrawal per transaction is determined to be small. Withdrawing a lot of money will make me bold and waste my money. I am small in heart.
   A few years ago, my address changed, so I went to the bank. I was able to process the depositor’s address change notification by mail, but I thought that I should visit it once because it is the bank where I do business. I visited a business partner and stood at the window. The receptionist at the window said with a smile. “Do you cancel your account?”
   What? Do many depositors who come to the store cancel? Is that a trend? I hear that the savings balance of ordinary people is decreasing. If the savings decrease, the bank is expected to be damaged, but the woman at the window said with a smile. Account cancellation?
   When to use a debit card instead of a credit card - CNBC.com
   Credit Card vs. Debit Card: Why You Should Choose One Over the
   Why you should never use a debit card to pay for anything - Clark … ↩︎

2. Damage banks by withdrawing deposits. This shows who has established the economic base in Hong Kong and China.
   Certainly, rather than material collisions, a quiet and simple protest is also possible. This is an “online protest”.
   Hong Kong protesters to hit China where it hurts — the ATM …
   Hong Kong protesters are calling for massive ATM withdrawals in an
   China puts US$15,000 annual personal cap on overseas bank ↩︎

3. I don’t know the details, but I think that the reason why China has accepted the transitional form of Hong Kong’s 1 country 2 system was to collect foreign currency. Hong Kong has been preserved as a point of contact with the US dollar.
   However, this time, China will suffer the most extreme losses when a large number of deposits are withdrawn.
   How Hong Kong’s complex history explains its current crisis with
   Protests Spotlight Hong Kong’s 1 Country, 2 Systems Model With
   HKD - Hong Kong Dollar - FXCM UK - FXCM.com
   As always, the merit of democracy is that opinions can be freely expressed. When a lot of opinions are publicly guaranteed, a nice idea comes out of it. If it is forbidden to express an opinion, a good idea will not come out. ↩︎

Am I the only one who feels modest guilt when withdrawing deposits at ATMs? That guilt is important. When that feeling disappears, I may go bankrupt. That’s all for today’s post. Thank you