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3 answers

A bank holiday is when the federal government shuts down all the banks in the country because of a run on the banks (people withdrawing all their money at one time) and the banks do not have enough currency to supply all the people. Banks are only required to have 10% of their funds in cash.

The last time there was a bank holiday that I recall was in the crash of 1929 when the people lost millions of dollars that they never received back.

This may happen again here in the USA again very soon when the "Euro" type dollar is installed here in North America that will be known as the NAFTA "Amero". This could happen almost anytime within the next few years.

The North American coutries of Canada, USA, and Mexico will soon be formed into a "Euro Union" like state under NAFTA.
I wish my source for this information was readily available but it isn't at this time. I can only supply you with the headline at:http://www.cuttingedge.org/news_updates/newsupdatemain.html

You will need to scroll down some to read it...

2006-12-26 12:11:17 · answer #1 · answered by pinelake302 6 · 0 0

Well, in Canada this month our bank holidays are Dec 25, 26th and Jan 1.

Other holidays would be Good Friday & Easter Monday April 6, and April 9.

Labour Day Sept 3rd, Thanksgiving Day Oct 8 (Canada)- I don't know when the US Thanksgiving is and Rememberance Day- (Veterans Day in the US) Nov 11th.

Canadian Bank Holidays would be: Victoria Day, Canada Day & Civic Holiday: May 21st, July 1st, Aug 6th.

Dates might be different for different countries!

2006-12-26 19:37:36 · answer #2 · answered by Smiley_1995 2 · 0 0

it should open today

2006-12-26 19:40:05 · answer #3 · answered by Anonymous · 0 0

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