Has there been a massive exodus of capital out of the Canadian financial system?
A few obscure but interesting data-points seem to indicate Justin Trudeau’s unprecedented use of the federal government and intelligence apparatus to target the bank accounts of Canadian citizens has just created a serious problem for their financial institutions.
If I was a betting person, I would bet half my stake that something very serious is happening in the background of the Canadian financial system, and it appears the leaders inside government, as well as leaders in the international financial community, are reacting and trying to keep things quiet. Stick with me on this and stay elevated…
BACKGROUND – When Prime Minister Justin Trudeau announced he was invoking the Emergency War Measures Act to seize bank accounts and block access to the financial system for people who were arbitrarily deemed as terrorists to the interest of the Canadian government, i.e. the Freedom Protest group writ large, many people immediately thought about the consequences of a government taking such action.
Indeed, the first response to many who witnessed the gleeful declarations of the Canadian government as they expressed their intent to utilize their emergency power, was that this was seriously going to undermine faith and confidence in the Canadian financial systems. The RCMP is the Canadian equivalent of the FBI.
If the government can work with the RCMP to target people based on an arbitrary political decree, and then control your bank account while simultaneously giving financial institutions liability protection for their participation, the confidence in the banking system is immediately undermined.
What might seem like a great tool for political punishment has long term consequences, especially if people start withdrawing their money and/or shifting the placement of their investments to more secure locations away from the reach of the Canadian government. Considering the rules of fractional banking and deposits, it doesn’t take many withdrawals before the banks have serious issues.
DATA POINTS – In addition to being Justin Trudeau’s deputy prime minister, Chrystia Freeland is also the Finance Minister of Canada. Yesterday, a very twitchy, nervous and gasping for breath Freeland was noted in a very agitated state when she attended the press conference of her boss. Factually you can watch the video and see how stressed she was and incapable of keeping herself stable [SEE HERE].
Watch that video from the perspective that someone in the international financial world, IMF, World Bank or other affiliate in the world of collective finance has just had a very serious talk with Finance Minister Chrystia Freeland.
♦ Shortly after that very awkward performance, Finance Minister Freeland’s assistant deputy, Isabelle Jacques, informed a parliamentary committee that all bank accounts frozen by the federal government’s use of the Emergency Act, were immediately being unfrozen.
( VIA CBC ) – […] More than 200 bank accounts worth nearly $8 million were frozen when the federal government used emergency powers to end a massive protest occupation of downtown Ottawa. Federal officials report most of the accounts are now in the process of being released, a parliamentary committee heard Tuesday.
Isabelle Jacques, assistant deputy minister of finance, told a committee of MPs that up to 210 bank accounts holding about $7.8 million were frozen under the financial measures contained in the Emergencies Act. (read more)
Obviously, many people realized from the outset what the Canadian government had done was tenuously legal at best, provided no legal due process or right of challenge, and likely would not pass any serious legal scrutiny. Unfortunately, in the echo chamber that is far-left liberalism, such matters are not as important as the ideological political motives; but there are people who realize the consequences of power-lust in this application.
Without a doubt, just as you were likely stunned, amazed and then angered by the financial punishment declared by Trudeau, there are people aligned with Trudeau –outside his government– who could see a bigger picture of consequence than those inside the echo chamber.
Central banking finance ministers around the world obviously would pay close attention to what Trudeau just announced, and there are certainly people in the World Economic Forum (WEF) group, International Monetary Fund (IMF) and central bankers who would not be happy about the Canadian government showing just how easy it is to snatch money out of the hands of citizens.
These tools of citizen control are things well known to the central bankers and control agents of finance, but they are never spoken about in polite company – let alone publicized, promoted and openly bragged about.
Justin Trudeau and Chrystia Freeland essentially broke the financial code of Omerta, by highlighting how easy it is for government to seize your bank accounts, credit cards, retirement accounts, insurance, mortgages, loan access and cut you off from money.
Worse yet, the short-sighted Canadian government via Minister Freeland announced their ability to control cryptocurrency exchanges in their country and block access within a financial mechanism that exists almost entirely as an insurance policy and hedge against the exact actions the government was taking.
♦ A very nervous Finance Minister, Chrystia Freeland, appears with Trudeau to talk about Ukraine.
♦ Freeland’s underling, Deputy Minister Jacques, is simultaneously telling parliament the bank accounts are being unfrozen.
♦ The CBC then reports that RCMP officials are taking a 180° reversal in position, about asset seizures.
Then there’s this supportive data-point from Jordan Peterson (Direct Rumble Link):
.
Is the Canadian government now experiencing a serious financial problem as the result of Trudeau and Freeland’s totalitarian lust for power and use of finance to crush their political opposition?
Apply Occam’s Razor here and the result is akin to: ‘How couldn’t they“.
Once that tool is deployed, there’s no putting the toothpaste back into the tube.
The problem is they achieved their desires and succeeded in disbanding the protesters.
Broke too many eggs, did she? Overstepped in her hurry to impose WEF dictates, did she? Didn’t foresee the hideous damage that could be done to Canada’s banking system? Let her monstrous ego and hubris get in the way?
GOOD! Whatever it takes.
As we used to say about over eager managers, Justin anf Freeland are”large and in charge.”
I need to tell Betsy that Chrystia is 54 and she ain’t got no eggs left to break. How should a man approach this subject and proceed with compassion and understanding?
When banks are determined to be unsafe, people will withdraw their money. Suddenly the demand for cash exceeds cash on hand. Cash disappears from the system and suddenly all the ATM machines are empty.
Bad money drives out good. Banks are now the bad money.
If not stopped, they would have to have the US FED ship paper to them to fill the ATM machines so the people can continue to withdraw money and they look like a bunch of idiots.
They have no idea that what they have done is destroy the credibility of their banking system. But better, have shown to the whole wold what awaits if the Great Reset is allowed to embed itself.
I sense a Hand is at play here. I pray so anyway.
Yes, my thinking exactly. Thank you, dear Lord!!
I’m watching for that Hand, Deborah.
Yes, the Lord allowed them to set a snare and they stepped into it themselves. lol The Lords humor is wonderful.
The Karma of Unintended consequences…..
I’ll say…and thank God for it, Mycroft.
Ha f**king ha!
We have been taking out the maximum allowable from the ATM each day since the bass turds went full commie.
We sold the little Canadian bank stocks we had, bot caring if we “ were cutting off our noses to spite our faces”
Well the our cash is stashed and our Gold Stocks are way up.
The Canadian banks stocks Canadian Imperial Bank, and Toronto Dominion are down😎
Ha f*cking ha!
Once they start the path they never stop. It is always the next step.
Eventually it turns into nationalization of assets.
Yep. AOC is openly pushing the Marxist agenda of collapsing Capitalism and nationalizing
Jolly brilliant, D!! No more than is due them.
They haven’t disbanded. They’re just not in Ottawa.
Yep,
We are new, more diverse, and better than ever.
😂😂
But, if the government is forced to release their hold on the frozen assets, they have failed to crush the protestors, thus allowing them to regroup and use a different tactic to protest.
In 2009 the EU decided that depositors would pay for bank bailouts. That killed the Euro as an international trading currency. It has never recovered.
Now, Canada has destroyed everyone’s faith that if they put money into a Canadian bank they will be able to get it back out. What a terrible unforced error. Once you lose credibility, it’s gone. Even a 10% reduction in deposits has a huge impact because backs lend multiple times their deposits.
The loonie has taken on a whole new meaning!
Nice one!
“In 2009 the EU decided that depositors would pay for bank bailouts. That killed the Euro as an international trading currency. It has never recovered.”
The euro today is worth half as much compared to its exchange rate with the US dollar in 2009.
The Canadian dollar is significantly less influential than the euro. There will be a sickening plunge in the Canadian dollar’s exchange rate as a result of Trudeau’s miscalculation.
Again, it is not about the protesters – it is about the “Great Reset.”
“it is not enough to simply defeat Trump’ he must be destroyed so that his kind can never rise again”
Hello! I am beginning to understand just how few people are truly and accurately aware of the real ramifications of that larger objective that is truly the endgame for which all of these increasingly inexplicable and indefensible totalitarian actions are being taken.
The REAL objective behind Trudeau and the rest of Klaus Schwab’s army of indoctrinated Young Globalists is – Globalist takeover and totalitarian technocratic control over most western nations, simultaneously eliminating all citizens individual rights, assets, any and all forms of cash, and any freedom of choice (re. medical care, education, homes, transportation, communication, etc.) for the rest of their lives, and for all future generations.
Most Americans don’t even know what NWO stands for & as a consequence, what the ramifications are.
I tend to think of it as Star Trek’s “The Federation” gone bad on planet Earth at the beginning… eradicating warring factions of the planet for the good of the planet.
Nowhere is it more apparent than in banking & pandemic medicine.
The Borg……????
The Great Reset is their endgame along with the NWO.
They want to simply wipe $40T in debt off the books. Debt owed by multiple nations and that they can never pay since interest rates collapsed after 2008. One example is the amount of unfunded pensions owed to retired government workers in multiple countries. They don’t have the money!
So they want to completely wipe away their debts AND completely take over every aspect of economy and impose heavy centralized One World Government control of all these nations, the U.S. included. We will all be reduced to serfs, and the globalists will all be ultra-wealthy elite.
Thats the nutshell story.
Watched that vid GB and learned a lot. The Very Wise Woman told us the way to fight it is to go local including a local media not connected to the Associated Press. How do you dance a waltz? Does it include a step back? IMO, we disconnect from the satellite overlords. In George Orwell’s book it was the poor in the forest that had the most freedom.
It’s a real eye-opener, isn’t it. She minces no words and calls out who is doing what to screw us. She certainly has the background to know what she’s talking about.
They want to PUNISH the protesters but merely disband them.
One will think about it twice before starting a cabal against Justin Jun-un.
I would call it the qucksilver effect – like breaking a thermometer
Although I am not in Canada I have for many years now taken all cash out of the bank…..apart from working capital and running expenses….
Every time my income gets to a modest running expenses level…….. I withdraw all other monies.
For the longest time I have understood that any government anywhere can shut you off from your money and I firmly believe that they want online banking to have that strangle hold over you.
But this actually gives rise to the fact that if everyone that is unhappy with their government you can soon bring them to heel by withdrawing all your monies…after all its what all banks need to survive.
And, if we ever actually get into a war with Russia or China, the first thing that will happen is they will crash the US debit card system. You won’t be able to by groceries or gas or anything with a debit or credit card.
There won’t be food or gas or even water to buy, IMHAO.
This is one good tactic that can be used along with a complete peoples strike only when enough people come to finally realize the current Gov’t is our enemy
I’m curious when you say you withdraw your money where or what are you doing with this withdrawal? Putting under your bed?
While I appreciate the sentiment I just don’t get what you do with your withdrawal. Moving to another bank doesn’t seem to change anything. Moving it to investments is a different set of considerations.
Yes,, where do you store cash? The safe’s we have are all fire resistant and I would hate to have a fire that burned the contents if I had my life’s savings there.
Where/how is it safe to store large amounts of cash?
I’ve gotten a large chunk of cash hidden but would like to liquidate more.
Gold coins. Silver coins. Jewelry. Real estate. Condo time shares.
Real assets.
Real assets are the key. But cash is also good, right now.
If one’s house or automobiles are not paid, then using withdrawn cash to do so would be a good idea.
You lost me on the “Condo time shares” being “real assets”.
I just don’t see someone trading a smoked ham, basket full of veggies, and gallon of fresh milk so you can eat for spending a week at a condo 150 miles away that may or may not be maintained, or taken over by a homeless family, that they may or may not find gas to drive to!
But hey, each to their own strategy, maybe it would work.
Gun safe……
use credit unions and regional banks…..
cash……crypto……silver……gold.
.
Tangible assets, some land somewhere with good water, precious metals, coins, ammunitions…
Bury your safe in concrete floor, concrete box etc.
The ammo recommendation should be #1. Plus, think of all the “denominations” it comes in!
Buy anything with it…Pascal below is correct!
I made a safe in my home that is absolutely fire resistant…… but I actually do nothing with it really but save as where I live you make absolutely nothing with it in the bank….perhaps .25% so keeping it in a bank only helps the bank!
deleted by Dixie
The entire edifice will collapse when we stop participating in their corrupt system. Take your money out of the big banks and use small local businesses.
When a child throws a tantrum in the sandbox, they never consider the consequences.
Keep pulling those funds from Canadian banks until these fascists are run out of office, and the jailed pastors and truckers are released.
That was excerpted from this one hour interview, found at the 22:23 mark:
The Catastrophe of Canada | Rex Murphy and Jordan B Peterson
19 Feb 2021
BTW, in that video, Rex Murphy describes exactly what is happening in Canada that brought the MAGA movement in the US – they’re fed up with condescending, arrogant, yet obviously bumbling “elites” and media propaganda supporting same.
Excellent discussion between two gentleman. Watched, and enjoyed, the entire hour.
Excellent discussion so far but 35 minutes into it and zero mention of WEF or Great Reset or Schwab. How can these gentlemen not know these things at this point?
You missed the part about the WEF. It was brought up but they didn’t tear into the WEF like it would have been expected. They were interrupting each other at that point and having trouble staying on topic. I wondered if it was purposeful because they didn’t want to become a target for the WEF? IDK
Excellent dialogue. Watched it the other day.
At 23 minutes in, he relates talking with the former prime minister of Newfoundland who pointed out the retroactive definition of crimes in their application of the Emergency Act.
Ex post facto crimes. Brilliant point
I thought it was interesting that Canada has done the same thing with Alberta related to oil that FJB did with the keystone pipeline….Must be another WEF plan? Unless I misunderstood……
Yes, something is happening. You don’t often see politicians and government bureaucrats move this fast on an issue.
In my opinion, it was their initial description of what they intended to do that caused this to be a massive mess for them. Freezing bank accounts of those who donated is one thing, but freezing accounts of those who may have posted criticism of Castreau’s government is quite another.
How many decided to act before Castreau found their Facebook/Twitter/Yelp post from 2 years ago?
Just delicious!
Honk Honk Yelp Yelp
“Freedom is just another word for nothing left to lose.”
No.
Freezing bank accounts for donations to a worthy cause is fascism.
Pure Nazi.
I agree. It is the unintended backlash that is delicious.
Yesterday I made a $5,500 cash withdrawal at the teller of my large bank. There were two people brought into quiet conversation by my teller. No problem, I got the money but the quiet conversations struck me as odd. This morning I initiated a $10,000 transfer from my large bank to my credit union account. First time EVER, I received a message requiring me to call in and verify my identity within 24 hours our the transfer would be cancelled.
I have no idea if either of the two displays are normal in banking but I’ve never experienced either of them. On the second one, I appreciate added security but this was not the first time I’ve made transfers and, as I said, this was the first time I’ve ever been asked to call in and verify myself.
Is it related? Does it mean anything other than “bank rules”? I don’t know but both struck me odd. Hoping Sundance stays with this one and keeps us informed, There could be more brewing in banking than just Canada. Or maybe not…
I think probably all the big banks are getting nervous because of the Canada backlash. They have to know that if FJB does that here, it could get even worse as people are already withdrawing funds with the expectations that FJB has no more sense than to follow the Canadian monster down the same path. Trudope has made everything chaotic, including the stock market. (damn him)
Then on the other hand, if you don’t normally make sizeable withdrawals within two days like that, they might have been protecting your account. I know there are a lot of scams right now and banks are on high alert for them and they question transactions of those large denominations if it’s not a normal habit for you. Had experience with that too, just not recently as I’m making smaller withdrawals so as not to cause attention. JMHO.
Hopefully folks on ALL sides of the political spectrum will start asking questions about many things. SUDDENLY … the Freedom Truckers don’t look so paranoid!
Whoa, Nellie! Freeland is even more repellent than Trudeau. Let the excrement fly;-)
As Sarah Palin might say: “You Betcha”.
IF your account can be commandeered just for contributing to an unpopular cause as defined by gubmint they can get you anytime for anything. Smart money flees to safety.
If I recall, after the J6 event people’s credit cards were checked to see if they used cards for flights and hotels for a visit to DC during that timeframe to help LE find people who attended – which I found stunning at that time!
Discover card was one who supposedly participated. I still have my Discover card but have used it way less since then.
I would love to see everyone withhold the maximum income tax payments allowed by law. Self employed file extensions due to “covid”. Starve the swamp creature.
I wouldn’t be surprised if America isn’t starting to feel a ripple effect.
Doin’ my part…
Bingo, ya can’t buy from Amazon with no $ etc etc. No E-commerce, Cash only to local business. The Banks can’t do their magic 20 to 1 multiplying w/out your deposit
That changed in March 2020. Zero reserves now needed for banks to loan unlimited money.
https://www.investmentwatchblog.com/no-reserve-requirement-the-fed-will-replace-fractional-reserve-banking-with-no-reserve-banking-and-0-interest-rates-thousands-of-banks-now-free-to-create-limitless-amounts-of-loans-without-any-reser/
Everything is falling apart!
Let it fall, it’s high time
If you were a wealthy Hong Kong businessman who took all your $$ out of Hong Kong Banks and immigrated to Canada back in the 90’s just because PRC got H.K. back fr/ the U.K., would you leave your $$ in a Canadian Bank now?
hahaha. Trudeau and all his lackeys are idiots if they didn’t see this one coming at ’em from a mile away.
hahaha. Trudeau and all his lackeys are idiots.
No need to further that sentence.
well we DID see how Trump revealed Tweedledee and Tweedledumb in the NAFTA re-write
His Killers are still stuffed from that feast!!! But they are dumb and dumber, the fact that her grandfather was a nazi should have given people pause, but alas…nope
I don’t doubt it. I thought about closing my US bank accounts. What’s to stop our government from doing this?
They already do it. Just ask Mike Lindell.
Indeed.
The Minnesota Bank and Trust terminated the bank accounts of billionaire Mike Lindell.
https://www.businessinsider.com/mypillow-ceo-mike-lindells-bank-cuts-ties-with-him-2022-2?op=1
Biden said he does not think his Treasury Secretary is “a serious economist” with respect to the stock market and inflation. Maybe she ought to add some clarity on whether the bank accounts of patriots that are identified by the Department of Homeland Security (DHS) as guilty of “Mis-Dis-,and Malinformation” (MDM) are safe from seizure by the US government. We converted our bank savings to gold and silver this week. Gave some $$$ to GoSendGo for the truckers.
At least Pres. Trump was smart enough to bring Steve Manuchen with him, who really did understand markets, the feds, sanctions, trade, our enemies, etc. For all we know, Yellan is on maternity or old people leave. What a pathetic group of cabinet members for a worse-than-pathetic president & VP.
Lulu, where would you keep a large amount of cash so it was safe? I would close accounts also but don’t know where to keep cash where it is safe.
Buy as many old (90%) silver dimes as you can afford, then bury them in the garden.
It is a lot easier to convert cash into Precious metals such as silver. Storage is a lot easier with metals. Some of the best storage methods of metals is in objects that you can store thing in plain sight on your property.
Trudeau and Freeland…. Well it seemed like a good idea when we brought it up in the faculty lounge.
While passing the meth pipe.
–“Trudeau and Freeland…. Well it seemed like a good idea when we brought it up in the
facultyWEF lounge.”–It was extremely eye opening. Extremely. Emergency powers mean it could happen in any western democracy. I can’t unsee that action and will act accordingly.
Think of all the overdraft charges that were triggered.
I’d be furious to be hit with an auto payment charging me a fee and interest because my account was frozen!!!
It would fill me with joy watching those banks collapse! I hate bankers more than politicians!!! In fact they’re probably enemy number one in a close tie with the corporate media.
The vote is welcome but what about sections concerning the freedom of citizens to speak and associate. I still find the Senators rationale incomplete and disturbing.
Well that’s one answer to prayer, hope and pray there are others!! God hear our prayer for the Canadian Senate to end the Emergencies Act!
Last week they were having banks take their systems down so people could not bank online and withdraw their funds. They did not want a run on the $$$. They can’t do that forever without people asking questions and demanding action.
Last week they also had police making house calls with pamphlets about safe protesting. 😉
I’m no economist, and I don’t even think particularly highly of my level of economics. But I feel like most people have a rudimentary understanding of some of the basics.
Supply and demand is something everyone understands. cut the supply of oil and prices go up for gasoline. Gas prices go up, and price of everything goes up. Duh.
Undermine confidence in the banking systems, in the stock market, or in your currency, and they collapse. Duh.
One can argue that the inflation the US is experiencing was an understood consequence of FJB admin actions. But I think Sundance is right. The Canadians literally didn’t forsee that this would undermine confidence in the banking system. How dumb can you be?
When nearly all politicians are some kind of toxic mix of stupid, corrupt, and insane, how do you know where an action falls?
Normally I’d agree with you, Charles. But in our current dumbed down society I’ve met too many people who do not think things through and thus do not understand basic economics, including supply and demand. However I think the light would go on if things got to a crisis point. But then it might be too late.
And Mark Dice, just today, posted a new video showing just how many people have no basic understanding of money and value.
https://www.bitchute.com/video/LN55tfvAUWI/
While they’re trying to conquer the dissidents & quell the population, THEY (the Communists) want severe economic consequences to happen to the populace. And you control what people can buy, particularly food supplies & medicine.
Just look what our Big Pharma & the federal government did to the price of insulin without fully socialized medicine.
You give people few options, like meds or products on the shelf, you bring them to their knees. When combined with armed thugs ready to assault, rob & kill innocent people with no prosecution, no jailing & confiscating guns from law abiding people, a communist takeover is assured.
Heads up America!!
Learn basic survival skills including what plants can replace insulin to a degree. And if possible, get to an area where “weeds” grow. Most weeds are therapeutic for something even some of the dangerous ones if used with caution. Take some savings out of the bank and invest in survival books. JMHO. Might want to invest in some chemistry titration tools and learn how to make extracts, oils and teas.
Per that video above with Murphy and Peterson, Trudope was never qualified to run for Prime Minister.
Joe….I deleted your link because it possibly contains malicious software. I’ve received complaints.
NO! I hope not.
Holy smokes.
Holy sheit! Sounds like she wouldn’t back down or apologize. All this for “mischief”?
OMG if this is true she probably felt horribly guilty for all that were arrested and their money seized. I don’t think I have ever so sick all of a sudden over something so, so unnecessary.
what the hell? has this been confirmed?
No. It appears to be fake news.
The link took me to a “malicious site – BLOCKED!” message from my anti-virus software. ???
Nothing on Rebel News, nothing on googledy-goo
This can’t be real? Oh please God, let it be fake news!
If this story were legit, it would in all liklihood be at Rebel News (as you checked) among other reliable sources. It’s nowhere to be found and as Fionnagh wrote, if you click on the link it’s a suspicious site. When in doubt, never click on a link and always do an internet search of your own (as you did). If the story doesn’t appear at reliable sites, I’d be inclined to be very suspicious of the legitimacy of the story. As seems to be the case here.
Treepers beware. This story appears to be fake news and the link is bogus.
Not true, thank goodness.
Do Not click on that link. Ad Rem please get rid of this comment!
I’ve already removed the content of the comment. I’m leaving the rest up because I want to alert others to watch out for similar kinds of links on the same topic.
Pretty sure its clickable. Other stores there are pretty,suss….and I couldn’t find it reported anywhere else except social media reposts
Yep!
Chrystia Freeland looks suspiciously like Dolores Umbridge, she certainly acts like her.
I don’t know Dolores but I hope someone takes umbrage with Ms. Freeland . . .
Just because Justin and Chrystia lie and are totally untrustworthy, is there something new here?
It does not matter if accounts are unlocked, reimbursed, given gold stars….what ever.
Anybody who can breath, think and read can see that as long as Emergency Powers are kept in place, then the Government of Canada can still do what ever they please. This goes beyond worries about securing “private” money, stability of banks and casts a major doubt on any investments as well as capital assets placed within reach of the Canadian Government.
These buffoons just put all notions of investing in the entire economy in doubt and under pressure.
The DJI seems to not like it LOL!
So, the people can do their own Emergency Act by pulling out of Canadian banking . . . will pressure NOW be placed on Parliament and through Parliament to change course?
If Trudeau didn’t have access to his own wealth or to the wealth of elites like the Ovomits, i’d be worried for him. /sarc. As it is, the rest of in the U.S. or Canada are *******.
Who would do business with Canada now? Not me.
Who would do business with a WEF-affiliated person now that we know what poison they’re being filled with? No anyone intelligent and responsible.
Just watched the video without the sound!
Freeland is hyperventilating!
She looks like an idiot in that mask, like a chicken pecking around on the ground for bits of feed.
Yes!!! She looks utterly ridiculous in that giant stupid thing. And the hair flipping thing…! 🤮
She likely finds it as hard to breath with her mask on as most humans do.
The uber rich aren’t going to bail out the government. If trucks don’t run and goods don’t get delivered and average citizens don’t invest and the viscosity of financial liquidity thickens, all things begin to shut down.
It also shows how far down the food chain little tyrant Trudeau is.
At least those who have been asleep or childish in their trust of governments have been awakened to this process of arbitrary confiscation for wrong think.
Otherwise, it may have appeared for the first time under a completed, locked, Chinese-style social credit system.
Perhaps one small mental hurdle has been thrown into the path of the tyrants.
It turns out, people don’t like parking their money in a police state. Who knew?
I think interested readers should study up on the eurodollar markets. Biden is telling the world he is implementing sanctions against Russian and Putin. If Biden does not cut the Russian banks off SWIFT, any sanctions related to US dollars are meaningless because of the eurodollar market. Even if Biden kicks Russia off SWIFT, don’t be surprised if Russia continues to use eurodollars.
I’m curious of the pampering Pakistan is receiving from Russia. It is reasonable to suspect Pakistan and Iran have something going related to eurodollar market access/execution. Don’t be surprised if Russia is piggybacking on that administrative practise.
Canada has become Hazzard County. Remember, vote Maverick or PPC.
… Makin’ their way,
The only way they know how.
And that’s just a little bit more
than the law will allow…
You know, in the Dukes of Hazzard the girls didn’t sit in jail…
Yesterday went with a friend of mine here in the states who pulled $40K from his bank account & bought physical gold & silver for the first time. Friend tells a friend who tells a friend.
I closed my savings last year bought gold and silver hid the rest.
I keep two checking accounts in two different States.
There’s only enough money to take care of daily living.
All the excess is removed
I have lost all confidence in the institutions of men.
Anything men touch soon becomes corrupt and defiled.
What’s that say about men, can the essential nature of man as fallen be any more plain.
Thank you, Sundance!
And thank you Canadian Truckers and Canadian patriots who stood strong and helped pull more of the stupid mask off the face of evil.
Dan Bongino has called for anyone with assets and investments in Canada to pull them as fast as possible.
They should have pulled everything they could last week at the latest. That was my thoughts last week.
Bongino was saying it last week too.
It is important to remember that five of the largest Canadian banks went dark the same night Trudy issued his edict. Internet searches simultaneously lit up on such terms as “bank run.” So, it looks like there was a massive run on ATM’s in those first hours, in tandem with digital transfers from Canadian to foreign banks.
Do the Indian tribes in Canada have casino operations? If not, this would increase the pressure on bank ATM’s. Here in the states, ATM’s at the casinos are funded from the casino vault, and operate independently of the banking system.
Indian reservations are sovereign nations. They can confiscate your property if you trespass.
If those two weird vacuous individuals can just take freedom lovers money with no other provocation other than bouncy houses, how can this be a surprise?
The bigger question is where is our money safe?
Pass the popcorn………..what the heck is wrong with Freeland?
I know, we have dementia Joe, but geez, what a tweaker.
The confirms that the WEF needs a cashless society. If cash isn’t accepted anywhere then to be a person in society you have to participate with banks and credit.
This is coming fast. You already can’t attend some events (concerts, sporting events) with a paper ticket. The vaccine passports do the same.
Greg: Ding! Digital currency 101.
What’s after that?
We all know.
Barter system among friends would somewhat defeat their purposes. We have to face the fact that in order to survive we need to give up a lot of modern things until the evil passes over then we can take it up again. How’s that for a plan?
Youre correct, but they don’t have the digital “currency” system ready to,roll out yet….best guess is its another 1-2 years until they do
For every action, there is an equal and opposite reaction. And BTW, what’s to stop the truckers from striking now? Let’s see how long Trudeau’s government lasts when the food runs out.
Their iron-fisted edict, meant to warn others from participating in mandate pushback, highlighted how unsecure EVERYONE’S finances really are. Here in western Wisconsin, with no capital in the Canadian system, I started moving things around. No doubt Soyboy and his sidekick have not only affected Canadian finances, but woken up masses across the globe.
“More than 200 bank accounts worth nearly $8 million were frozen…up to 210 bank accounts holding about $7.8 million were frozen” I’m assuming as soon as those 200 or 210 get their accounts unfrozen they will immediately withdraw those funds and place them somewhere outside the reach of the Canadian government. I would advise anyone who doesn’t support Trudeau to do the same!
Remember what Ottawa Police Chief Steve Bell said in a press conference! “Bell noted cameras, photographs, video surveillance and geolocation systems will be used to assemble information on all the attendees to the protests, and anyone who came into the areas will be hunted by law enforcement for many months and years that follow in order to prosecute and arrest them for non-compliance. His visibly unstable remarks seem intended to create fear and anxiety purposefully in the Canadian people.” – Sundance. This is Big Brother going after working Canadians to ruin their lives and livelihoods!
Skinhead Bell was just feeling an adrenalin rush.
Imagine if they went after voter fraud with the same vengeance.
Amen to that!
That would solve A LOT of current problems!
Think Jan 6th. They are still hunting and harassing people.
I am thinking of pulling my money out of Canada and I don’t even have money there yet!
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Thinking of preemptively NOT placing my money in Canada!
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Thinking of cashing out my dollars into hard currency in the USA also, where I do have money.
And Just-in-Canada thought he was being such a good little commie too, but ooops, he pulled the trigger just a little too quickly and clumsily on this one.
His dark overlords may not be pleased, but this gave them useful insight for future tactics and counter-tactics for when they go all in.
If Trudeau was really smart as he thinks he would not had boasted so loudly and new the police chief in Ottawa would have been told not to run his mouth
But this is one feature of the leftist creeps they can’t keep from spewing out their hate and threats
Yep, they have no fear to say exactly what they intend to do because they are almost never held accountable.
Or they think they are sitting on the throne of power. lol
Yes, next time, like in the US they won’t have a press conference of forewarning.
“Apply Occam’s Razor here and the result is akin to: ‘How couldn’t they“.
Or, ask the same question another way. If you were an investor or held assets anywhere in the world, why would you have them anywhere in Canada? Why risk another Castreau tantrum?
I would like to consider bitcoin et al but that nexus of turning it into actual cash money (Yogi Berra) bothers me.
Does it still not take an actual bank to hand you that cash? Governments control banks, so don’t governments control turning bitcoin into useable cash?
Of course I’m not speaking about buying things with bitcoin.
“This was, is and will continue to be a banking crisis, the economy was shut down to relieve the overheated credit markets. The Banks of International Settlements reported as early as 2016 that Canada was showing early warning signs and was highly susceptible to a banking crisis, this continued and it is now leading all nations. Major Canadian banks shut down online a few days ago. Exit Banks now. They know what’s coming, you are about to find out what it’s really all about. This starts with the fighters but will come for every single citizen. This is a wealth heist following a banking collapse”
Melissa Ciummei
My usually calm wife, got excited when this happened . Wanted to take all our money out of the bank. I asked where do we put it ? I am not wealthy in my own mind, but what I have will make a big pile of Benjamins. I may need to buy a bigger safe. I’m not there yet. Givem hell Canadians , lezgo Brandon.
I was fixin’ to buy a crapload of silver, until I noticed that silver was trading at a six-month high point…same for gold. Where to put wealth is a serious problem, honestly. Mine is split up among brokerage accounts, cash, silver, credit union savings, a few treasury bonds, and real estate. Each has its own set of risks, unfortunately.
Yes, and dictator law says “to freeze or take ALL your assets”
They’d have to find the metals first…
Trudeau won’t say when he’ll revoke the ER powers he gave himself. His robotic non-answer answer is a highly rehearsed scripted bit of bs. (And, what’s up with the woman on the left looking at the screen with the head nodding and torso bobbing around? Channeling Kamala?)
https://therightscoop.com/watch-trudeau-wont-say-when-hell-revoke-the-emergency-powers-he-gave-himself/
I hope the big banks here are taking notice. Per Catherine Austin Fitts’s excellent warnings and advice, we have started switching from one of the biggest (one we thought secure, but this was before all the talk of digital IDs) to a State bank. I have no way of knowing if this move will make any difference.
But I do know that I do not trust what I thought was a safe place for our money. Watching the upheaval in Canada has made me think we’ve made a smart move. And were sleeping a little better for it.
Look into local credit unions.
Credit Unions have daily cash withdrawal limits. Mind use to be
1500. Have no idea
what it is now.
.
$3000 at mine.
So if the frozen bank accounts are now unfrozen, that means prudent people may now move their money elsewhere, before the accounts get frozen yet again over some newly perceived act of “mischief.” Outstanding window of opportunity:)
Everything the commie/leftists touch turn to DUNG
consequences and forward thinking doesn’t occur to these human scum.
The fact that they;re all out in the open now, helps humanity clean it up now
Totally confirmed from boots on the ground here! I know of many people here (Canadian Province) with verified stories off pulling large sums of money out of there savings and checking accounts.
This morning I was talking to my sister in Winnipeg. She had a conversation with her financial planner about all of this. In that conversation, the planner asked her about her move back from working in the States (a number of years ago). The planner has one client who is determined to liquidate Canadian holdings and move assets to a US bank, across the line.
That’s what I’d do, especially if I lived close to the Border- which most Canadians do.