Watching the queues outside petrol stations these past days, one cannot help but be reminded of another moment some years ago when people queued in their thousands in Britain’s high streets to withdraw a crucial resource: the bank run on Northern Rock in 2007.Indeed, there are at least three ways in which this episode is similar, and one very important way in which it is not.
The first similarity is that, like the Northern Rock episode, this looks like a panic, driven by fear.
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Woman fills water bottles with petrol
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