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.
I hope the owners of those 200+ accounts sue the Canadaian government if it is allowed. I’m sure the Canadian government is thinking no harm, no foul since they reversed course but there was indeed a massive foul to the rights of their citizens without even an apology.
I wouldn’t worry about suing right now. As long as $1.4 million gets back to the rightful owners…
Sue the individuals and demand they be arrested for theft and abusive of office. Beggar and imprison them. No settlement, check them into the wall hockey style.
I believe what has happened is that (hundreds of?) thousands of people with accounts in Canada, not just the 200 that were frozen, said, yikes! I’m getting out of here. For anyone in the world that thought putting money in “safe” Canadian banks was a smart move, they likely yanked their money out and put it someplace else.
That money isn’t coming back anytime soon.
Hence, the toothpaste isn’t going back in the tube.
1000%. The 200 number is government BS. And Canadian financial institutions are not safe.
They are deliberately trying to crash the financial system and the Canadian economy. That is how they force the Great Reset. Do people not know this by now? Along with the plandemic, The Freedom Convoy “has provided an opportunity for a reset”, to quote the actor pretending to be PM.
but maybe they jumped the gun on that freezing of bank accounts and so messed up their would-be “exquisite timing”
They’ve stumbled their way through the whole thing. Too many of us are still alive that have not been indoctrinated in the Public Education system. We refused the poison shot because it didn’t make sense. We never sold our souls to the devil, nor do we worship convenience or Hawaiian vacations.
Hoping it backfires bigly. Hopefull the WEF’s plans will get set back long enough for people of the world can become law of right and freeze Klaus Schwab and George Soros’s assets instead and all their ilk.
seems she is pretty nervous about what she’s done on purpose.
I can see a coming cash shortage in Canada.
Yes, I agree the Convoy was the trigger. Now we know what will trigger US banks under the shadow government; our US Convoy so start getting money out of the US banks as soon as possible. Only our government won’t be kind enough to tell us first. IMO.
I am gradually moving cash out of the bank. Not too much at once. Don’t need the attention. I’ll convert it to negotiable commodities with a small cash reserve. I can loose value just as easily at home as at a bank with inflation but the guard at my house has a vested interest in protecting valuables from seizure.
If, as I suspect, I’m not alone, the banking industry now has a subtle problem that is not going to get any better with time.
Long Running Fool: No, you are not alone. Squirreling away cash and other exchangeable, hard assets is a good idea.
Ammo, buddy, ammo.
Ammo, the new currency.
I have been saying this since 2008
Would you believe it? Sadly lost in a tragic winter accident. Can’t file an insurance claim because I paid cash and lost the receipts.
Rats.
Not alone!! Not hardly. Little bit at a time!
You are not alone. Moving all but minimum to liquid and precious assets. Tellers keep asking why?
Tell them you are having an expensive boat built and paying it off in increments.
Home improvement repairs, medical procedures, any kind of service providers.
Share some wisdom with the nosy tellers my pappy shared with me when I was a nosy tot, “If you’re minding your business, you’re not minding mine.”
Good idea seeing that interest rates on savings are nearly zero.
Good idea to consider no matter in what country you live. If the government can seize bank accounts and other assets with no liability, you would be oblivious, deaf, dumb, and blind not to see that this could be used by any leader under “emergency powers”.
I took out what little I had a few months ago. At least I can defend it now!
You’d be amazed at how many have been withdrawing small amounts not to cause attention Monthly. Use your ATM, and make sure you remain under a predictable monthly radar.
And don’t think moving your money to a Credit Union is going to save you. They will freeze your account just as fast as a bank.
I am also slowly removing cash. What is a negotiable commodity?
One of my diversifications is building up our personal infrastructure. As in, alternate power sources (offgrid solar, multifuel generator), food storage machinery, tools in general, structures (garages, barns, greenhouses, and the like), metal and supplies for welding, local water supply (well, tanks, run0ff capture), and electrification of assets like tractors, lawnmowers, quads, and a side-by-side suitable for all local travel — all of which can be powered by our own solar panels.
I realize not all people have the room or live in a suitable area for this. If you don’t live in a place where you can be self-sufficient, you might want to consider finding one. And learn the bloody skills!!
Learning how to make a crossbow from scratch is a useful thing…for food capture as well as trade. We planted enough fruit trees to make a significant quantity of wine every year, also good for trading.
Of course, I suppose I just outed myself as a dangerous person in serious need of a government squashing…
Not only that, but no one needs to know what you are buying, With a debit or credit card they know how many 12 packs you go through daily and everything else.
The perfect storm, run on the banks and financial institutions and a trucker strike. Truedope would then be his own worst enemy.
That is why a Trucker’s strike is so important now. But I believe the Trucker’s are 3 steps ahead of SOYBOY who is not too bright.
Do stupid things, get stupid prizes.
Viva & Barnes were discussing this the other day in their livestream. They did not think it was at all legal to apply this ex post facto, which is exactly what they did. And I am certain it also started an avalanche of lawsuits, as it should.
BTW, their subject of discussion for tonight, preannounced in that same previous livestream, just happens to be cryptocurrencies.
Sidebar with Mark Moss – Bitcoin and Beyond! Viva & Barnes LIVE!
By vivafrei
Published February 23, 2022
https://rumble.com/vvo6v4-sidebar-with-mark-moss-bitcoin-and-beyond-viva-and-barnes-live.html
Livestream begins: Feb 23, 7:00 pm EST
Talking bitcoin and more!
I’m addicted to Watching Viva
I watched Viva & Barnes the other day talking about all kinds of court cases. I learned a lot, and I tho’t I was pretty up on things already. Not so.
For instance, I did not know that if one of the Supremes rejects your case, you can just take it to another. Take your pick.
Viva reminds me a lot of Professor David K. Clements. Both are attorneys and both have that hair thing goin’ on. 😉
https://rumble.com/c/theprofessorsrecord
Viva sounds just like Geraldo Rivera, and looks like him a bit to!
I have divested any funds that I have in any Canadian interests. I foresee major banks freezing Canadian Bank funds equal in the amount Canada is freezing to assure stability.
Could it be that the Bidenistas will copycat Trudeau, and attempt to do the same to the US Trucker convoy’s accounts?
If so, will many start withdrawing funds from American banks also?
I know i will as a matter of principle.
Already are and have been since the imposter settled his poopy butt on the throne in DC.
It’s already happening.
I wouldn’t put it past the Bidenistas because they probably think they can do it better. Hubris
Its absolutely inconceivable that these pathetic actors posing as elected leaders fooled anyone with a shred of judgement and common sense.
When they unfreeze that 8 million then those funds can be immediately withdrawn and put a secure location out of the reach of these leftist creeps.
I’m sure there is now one who trust any financial institution whether it be Canada or U.S. seeing how willing they are to seize your funds.
GoFundMe actions in the past should have been enough to alert us to how brazen and how bold they are.
But then again who knows what’s going when you’re asleep.
People with big money around the globe must consider where they deposit money. I am not rich but have an IRA that I need to live, where can that be kept safe, if I withdraw they’ll tax me. Yes I could see this causing an issue, people deposit money in democratic countries with rule of law, not in dictatorships that’ll take your money on a whim.
If you have enough money. buy a small rental property with your money and live off the rental income.
One of the happiest days of my life was the day I sold my last rental property. You can’t hide in rental property with the taxman as your silent partner and the courts against you when you need to evict.
Never used the courts to evict. Just hounded the crap out of them day and night until they with their crybaby you owe me attitude couldn’t take it anymore and decamped on their own. If they did damage it was just more deduction for next tax period for me. But each to their own.
Remember how the U.S. government mandated that renters during covid can stay where they are without paying rent?
That was the CDC and it was determined to be an overreach of that agency’s powers and was shot down.
If you live in a tourist location go with short term rental property. Use online rental booking as well as your own web site. Give 20% discount for rental payment that is made using precious metals base on the spot price of silver on the day of booking or final payment.
I’m a vaca rental owner since last year. After last years statement I was considering the idea of the selling. I’d double my investment easily. But after reading this today I’ll probably hold on. It’s paid for, in a great location and pulls a net profit after all expenses.
it’s a lot to think about….
Yes, even if times get real poor, you can still get $5.00 a room 🙂
“…democratic countries with rule of law”
Keep in mind that such countries only have rule of law as long as 51% of the people want rule of law.
There is good reason that a Republic is the preference of normal, independent people.
There is good reason that the left hates our Republic and wants it completely destroyed.
There is good reason that power-hungry renegades prefer a democracy. A democrazy is far easier to guide toward mob rule.
I wonder if members of the upper echelon of the CCP have any funds in Swiss bank accounts?
The USA no longer has Rule of Law
Talk to a good CPA.
You don’t have to withdraw it, just transfer it somewhere safe.
Was in the same predicament but the charge will be minimal to a total loss. JMO, so I pulled it out and put it into something tangible I can see and touch.
Well, the banks went along and did it for Trudeau , didn’t they? No thought about a run until it happened apparently. Ah yes! Every generation must learn the hard way. Fiduciary responsibility.
They have done it before, frozen accounts and money from Iran, and did it to Wikileaks, and yet, this movement and protest is so large and the police chief promised so sincerely to come after everyone.
The wheel of justice turns slowly but grinds exceedingly fine.
Bofa voluntarily gave the fbi customer transaction data for people in DC on 1/6.
Not only the banks, but that little freak who said he hacked GSG, and the media who reported on the donors. All have had a hand in this…including those who posted the location of the donors on Google Maps today.
Which are the safest U.S. banks to use for anyone transferring their funds? Lots of red tape seems to be involved.
This is what I’m thinking. A lot of that $$ will end up in the U.S.
Use a local community bank or credit union.
In a Red State
By best guess would be State banks or credit unions
Best bet is to hide it in a small-town bank for now then slowly move it to other hard assets. IMO
Contact Sen. Lindsay Graham, Amy Klobuchor, McCain Family Trust & Hunter Biden. They can really tell you the safest banks out there, especially around the world.
I don’t know of any major banks in the U.S. who WOULDN’T freeze your account with just a whisper. Perhaps it’s why the DOJ is so focused on angry parents. Easy people to track down their bank accounts for the FBI even without the help of the IRS.
And look at the Banks cancelling credit cards AND bank accounts during the 2020 riots for just being against the BLM, Antifa or supporting Pres. Trump.
for now your small local credit union,,,just take out everything but what you need for bills,,,,,put the rest in the old mayo jar in the backyard pit,,,,,or, just withdraw all but $5 every time you get a DD, then pay your bills with cash/mo
I stashed some paper money in a PVC pipe, sealed it off and buried it. It still got mouldy.
Paper currency will be worthless as in the dirty thirties. I noticed that people are holding on to small change due to copper and silver. Where I come from S. Dak. in the larger towns there has been a shortage of change and the banks only allow a ten-dollar roll per person. But also remember that when they reset from the gold standard to the oil standard they came around and confiscated everyone’s gold. When you buy gold use cash and go to a local dealer do not buy on-line. Try to be as untraceable as you can.
Savings and loans might be safer but I don’t know for sure. There is Luther Burbank Savings and loan, Redwood Credit Union around here in Norcal. All the big banks like Chase, B of A. Citibank are part of the system.
Find out where the rich park their money. Otherwise, small banks in local communities or credit unions are good choices.
I think that is why the left gets irritated with PDJT. His money is squirreled away in hard assets such as hotels, golf courses, rentals even a winery! His money just keeps rolling in like a river stream and they cannot lay a finger on it as easily as if he had a major banking savings account because it is scattered around the world and in different states. And perhaps like them he has some of his monies in offshore.
You have to be crazy to put or leave your money in a Canadian Bank.
———————
We have seen this type of behavior before back in 1930’s Europe.
The National Socialist German Workers Party hunted down the
political opposition and Jews. The government seized their financial
assets, property, and money in Bank accounts. Approval of an
Emergency Decree (Reichstag Fire Decree), that suspended individual
rights and due process of law.
The government of Justin Trudeau is doing this to Canadian Citizens.
In the book titled American Gold and Platinum Eagles by Edmund C. Moy the author tells of his grandfather in China and the family’s escape. Each child had a gold coin sewn inside their clothes as an insurance they would be able to survive anywhere they were taken or went. As I read the book many years ago that bit of information stuck in my mind even to this day.
Has anyone heard the reaction from the Navy Credit Union demanding all customers and employees be vax’d? They will cancel insurance and loans.
Do you have a link stating customers must be vax’d? I see that workers must be OR be tested and masked and will have a higher insurance premium.
Bonnie Blue, that is what I heard. I have a couple of dollars in an old Navy Federal account from years ago, but would never do business with them again because of these COVID requirements. I get something from them almost every week trying to sell me this or that or make a loan or whatever. Won’t happen.
Your version is probably more correct. I thought I read they demanded of their customers as well.
So has anyone heard how Navy Federal is doing after demanding vax or tests and increasing insurances for denying the newly defined ” vaccine” that requires as many boosters as the ” experts” claim but not based on test groups and actual studies.
my daughter said fine. She won’t have to finish repaying their loan. Only thing she has heard about affects employees only.
I’m in the process of changing my cell service because TMobile is requiring employees to get the clot shot. Not the retail people though, because they know they can’t find new employees. My son works at NASA and they are starting to require testing or proof of vaccination soon.
Remember when they seized percentages of citizen’s bank accounts in Cyprus?
https://www.foxbusiness.com/features/asset-seizure-in-cyprus-could-it-ever-happen-in-the-u-s
The Dictator said they would use social media to track down all those who supported the protests!
Multiply that 200 accounts and $8 million by 100’s of thousands and that’s the potential of what may have been requested by individuals from the banks.
Yes, they froze the accounts 200 or so $8 million – of those who were arrested or were onsite at the protest that they managed to obtain their information – that is a fact. However, given the first sentence above how about the 100’s of thousands of Canadians who posted on-line their support and the thousands who gave money to GiveSendGo?
Then the dominos begin to fall as tens of thousands of people who have automatic withdrawals to pay their mortgages/rent/credit cards/ car payments and any other automatic payments just suddenly STOP!…..lol….Holy Crap…they’ve got a huge problem that is going to blow up in the Dictators face.
.
Didn’t he also say “Trump supporters”? LOL
The fact that this coming weekend is the first of the month when a lot of payments are due may be part of the decision process.
200 accounts is a government lie.
This is a game of chicken they can’t win. They are bluffing using propaganda to convince us that we can’t beat them when we hold the winning hand.
I’m gonna be transferring my funds to a credit union in the next few days. Time to starve the beast.
I did that too. Closed my chase accounts and credit cards.
So if there are 7 things worthy of a No Confidence vote why hasn’t it happened ?!! When can we expect it ?
Because their government is corrupt like ours is.
BINGO!
Excellent question!
Mike Lindel at My Pillow should produce mattresses appropriate for concealing quantities of currency . He could market them as “cushions against tyranny”.
Brilliant!!
Beautiful!
Emet, I think you just found a new job.
Hahaha! That is pure genius! You should contact him. Seriously. That’s brilliant!
What’s your sleep number?
Mine: .45
That’s hilarious!
Buy a fireproof box and hide it very very cleverly.
With fire-proof materials.
I found Freeland’s reference to controlling crypto quite interesting. Frankly, I’ve never understood the idea that crypto is ‘secure’….nothing on the internet is. I’ve wondered if crypto wasn’t just a mechanism in order to get people used to digital banking and the idea of ‘currency’ that you cannot hold in your hand.
In any event, it would appear that Trudeau/Freeland thought that the bank accounts they were dealing with were peasants’ accounts….insignificant people who can be crushed at will, with little pushback. They are in for a rude awakening.
They woke up people with real money. People don’t keep big money in dictatorships except for the dictators.
It’s only secure if you hold the private key and keep it safe in a hardware wallet or paper wallet. Most of us already use digital currency. Most use debit or credit for most purchases. The difference with a Central Bank Digital Currency is they can use social credit to turn it off, monitor purchases etc. If you bought too much alcohol there will be AI to stop you from buying anymore for a particular time period. It’s more than evil and not a place we want to go.
Catherine Austin Fitts says to use cash whenever possible. Solari Report encourages “Cash Fridays”, where you only make purchases with cash that day.
Most employers make you use direct deposit for your paychecks, but take it out in cash except for bills. Then no one knows where or how you spend your money.
The WEF wants to take the whole world’s currency digital and centrally controlled. We all have to fight back really hard now because they are pushing the great reset with all their might.
Stop using cards because they are “convenient” or we will soon see how very inconvenient it is to be enslaved.
Unfortunately, we are all learning that you pay a huge price for convenience. Easy for us easier for them to grab.
What is a Crypto billionaire when the power goes out??
Krypto-not . . .
The first guy in the soup line ?
or you lose your password?
They warn you to never, ever, ever, ever, ever, ever lose your key. Many get it tatooed on themselves. That, of course, brings up a whole ‘nuther wheelbarrow-load of symbolism…
Nothing digital is safe, you own nothing. Digital music is a perfect example, they can shut it off at any time, they can do the same with crypto.
We are working on finding alternatives to US banks we see the same coming here and Joe will push it. Damn shame the liberals have killed trust in just about any institution.
Anyone who doesn’t see it happening here is willfully blind.
Kind of like no one is going to trust the FDA or CDC ever again.
Vaccines are now dead as who would trust any of these going forward.
Annual Flu shots?
Never again!
Let’s take this one step further. Did your doctor write a script for ivermectin or did he lie and claim it was poison. If you were hospitalized did the doctors in hospital treat you with remdesivir? Knowing full well it could shut down your kidneys. Were you lied to by your doctor about the effects of wearing a cloth mask that over 100 peer reviewed studies sho are ineffective. You see the medical community was the first leg in this plandemic. They’re still liyin about their participation When the Nazi regime first began the tyranny it was the doctors who went after the I’ll. Then the old and people with disabilities. Then the Jew. They were deemed carrier’s of decease. Kinda like calling out the unvaccinated as the problem. The medical community is invested in Covid as well as the CDC and the drug companies.
I too am taking cash out of the bank gradually.
Freeland was also very snarky about who was doing the taking.
It wasn’t them it was the RCMP.
And she was making statements like, Let’s not spread misinformation/disinformation about who is doing the taking. Let’s be very careful who we point fingers at.
She was already trying to roll it back.
I’m sure the RMCP is most appreciative of the thorough throwing under the bus that she gave them.
I wonder if they will just roll up in a ball and take it that from her.
I know. They called in the rent-a-thugs and they got thugs. What part of that does she not understand?!
Or make her pay over time…
It makes sense that there would be. Banking and investment are much more ephemeral things than people realize. The banking system is based almost entirely on a single commodity: the trust of depositors. If people believe or even suspect that they may be frozen out of their accounts for their political beliefs and donations, they’ll take steps to protect themselves.
Of course the response to that will be what it always is from tyrants. They’ll never self-examine and say “we shouldn’t have done that.” Instead they’ll just make it harder to pull your money out generally.
Like closing the stock exchange when people try to sell.
Perhaps they see it as an advantage rather than a problem???
If a run on the banks creates a financial security crisis, they can capitalize on it to implement a digital currency system.
Never let a crisis go to waste, especially a self-created one.
If governments implemented digital currency with ties to vaccination compliance, would black markets arise using barter and precious metals to conduct secret trade?
Remember Prohibition in the US? The Federal government outlawed alcohol in 1920. But speakeasies and bathtub gin flourished. The Feds repealed the Volstead Act in 1933. There is a reason that era is called “the Roaring Twenties” . . .
we will turn our backs on cash and use barter and PM . tough for the Fed to make money on a product we no longer want .
Black markets that effectively function under a fiat currency system will be severely limited under a digital currency system.
Do you think you’ll be able to pay your mortgage, car loan, utilities, or insurance, through the barter system?
Consider how the Canadian government was able to block Bitcoin by limiting the ability to convert it to fiat currency.
How do you convert undocumented gold or silver to a digital currency when the government can account for the “legal” transfer of all bullion?
While a digital currency system won’t be able to account for ALL property/assets, it will be able to account for enough of it to enable the government to effectively monitor the transfer of that property.
Will a certain number of people be able to fly under the radar?
Yes, for a while , but eventually it will become more and more difficult.
Short of living completely off the grid, no one will escape the Eye of Sauron.
There will be government-approved activities, such as paying your bills, and government-unapproved activities, such as buying weapons, alcohol, and drugs. People will put together a shadow economy within their own financial system. Dr. Jekyll and Mr. Hyde. Sucks, but there it is.
And what do you do when the government cuts you off from the network designed to facilitate those “approved” activities?
What happens when the government declares you guilty of “wrong-think” and freezes you out of the officially-sanctioned marketplace?
A system of digital currency is far more insidious than I think most people realize.
You can take your cash, use it to buy pre-paid credit cards. When paying you bills online, use the pre-paid card, it is just as good as any other debit card.
Then prepare now to live off the grid. Why do you think homeless people never strive for a job? They use the milk of human kindness to get from day to day. Strong people don’t need “modern” like they think we all do. But I speak for myself. Hunter/gatherer isn’t too far from my lifestyle and one I learned from my past family history. On the day I have to give up my conveniences I will be sad, but it won’t kill me.
And yes, that vid of Freeland absolutely Freaking Out was a hoot.
Twitching, trying to take deep breaths to catch her breath, etc.
Imagine standing on the World Stage and having a nervous breakdown for all to see. Recorded for posterity by the internet.
Looked like she was riding the dragon.
.
She looked to be creating so much friction — with that mask making her look more and more like a wacko-bird beaked freak — I wondered if there was anything flammable in its production that she may possibly spontaneously combust . . .
The hair flip was great!
The pile of papers wadded up in her hand was a nice touch, too.
hahahahhahhahhaa!!!!!!!!
Let’s hope it is true. Is Chrystia trans-gendered?
If true, too late. Precedent set by their House of Commons.
Anyway, perhaps they think it won’t be ratified in their Senate and want to avoid that slap in the face AND/OR the banking stuff is actually a problem.
Trudeau Set To Revoke Emergency Powers: Report
WEDNESDAY, FEB 23, 2022
https://www.zerohedge.com/geopolitical/trudeau-set-revoke-emergency-powers-report
Two days after Canadian lawmakers voted to extend emergency powers allowing police to quell potential unrest, Prime Minister Justin Trudeau is now set to revoke them now that the Ottawa protest is over, according to the Canadian Press, citing two senior government sources.
I guess a 25% PM approval rating could do that.
Even a possible rigged election might not be able to cheat enough when your approval rating is this low.
we will find out here in the midterms and 24 if a low Approval rating matters with dominion in place .
Demand paper ballots and hand counting, lots of states are switching already.
Inexplicably, the authorities started beating citizens, clearing the area, set up checkpoints, froze bank accounts BEFORE the Emergencies Act was even voted on. They upheld it AFTER THE FACT, and now want to memory-hole their unconstitutional and egregious votes. Never let them forget that they stood with the tyrant, and not the people.
Especially the Police. They could have stood down, but they didn’t. The acting Chief of police in Ottawa should be hung in effigy.
The impeachment vote of PDJT its a litmus test.
This Canadian Vet has no plans to forget anytime soon. He is a true patriot and a perfect example of the cold anger Sundance speaks about.
Something President Trump was hammered for was his love of America. One thing i loved hearing from the Canadian truckers and patriots was how much they love their country too!!
https://www.bitchute.com/video/5soAoprnYZ5c/
Didn’t he just say YESTERDAY that even though the protest was over, the “emergency” was ongoing?!?
Wow!
Yep! Sounds like Justin and Christie got a pretty hard spanking from Daddy Klaus. 😈
I just came on to post this.
Too late Turdeau, he deserves a vote of no confidence. Send his sorry WEF loving behind packing.
Sorry for the flag, again. My arthritic finger has a mind of its own☹️
A tweet from Premier Scott Moe (Saskatchewan), dated November 9th, 2021.
Yes and no… doesn’t china own lots of Canada now? If the banks go insolvent doesn’t china have rights to come in with their military to occupy their holdings? That would likely be the best time for them to then move on Taiwan.
This is the biggest story of the last 5 years! All that’s needed is a parallel, equally potent, and widely accessible (and accepted) form of decentralized (p2p) banking system. That will finish the entire globalist movement. They want to use deplorables’ cash and screw them over. Take the cash away from their hands. Money is power. It’s game over!
Canada could nationalize all Chinese property and stop that .
The US just did something similar under the radar. Something about nationalists can’t own real property in the US, only citizens can.
I wonder if a regional / local bank in the US can offer a “Canadian Special” whereby any Canadian funds that get transferred from Canada to this Regional/ local US bank gets and 1 year kicker rate bonus on their interest rate?
I’m no banker but if this type of promotion is allowed, my bet is millions might move pretty quick.
Ask Mike Lindell that question…
Yes! They could raise the interest rate to .025% from .015%! What a deal!
Jack Posobiec is reporting that Trudeau is set to revoke the Emergencies Act because the Ottawa situation is under control. Soyboy clearly bit off more than he could chew, and set into motion a banking crisis, amongst other serious fallout.
But the police chief is still going to hunt the protestors down and make them pay. I wonder how he will pay for that? Tool.
The posts that describe money moving from institutions that have nothing to do with Canada may be key. The unexpected ripple effect in other nations may have triggered the orders to Trudeau and Freeland to stand down.
On the other hand, is it possible that the WEF just does not care about the plunge in confidence in financial institutions since they are planning never to ‘lose’ elections?
I am amazed that countries that depend upon tourism are killing their travel industries, especially France, UK and Italy.
I am amazed that the medical professions have so complied that confidence in their products and services is now totally
destroyed for a huge percentage of the population.
I am amazed that the airline industry has complied and jabbed their way to a trickle of their former selves.
Maybe the old rules just don’t apply.
Maybe we are soon to see the big, big push.
I worry sometimes that I will turn on my computer and sites like this one will just be gone.
What is their worst case scenario?
This just came in: things are collapsing quickly!
https://www.zerohedge.com/geopolitical/trudeau-set-revoke-emergency-powers-report
“Two days after Canadian lawmakers voted to extend emergency powers allowing police to quell potential unrest, Prime Minister Justin Trudeau is now set to revoke them …”
He is on TV revoking it right now. Looks like he saw a ghost…
If he survives this, he’s Houdini
Are you in Canada?
I just checked 4 “news” stations and they’re all still stuck on Ukraine/Russia.
Maybe they showed a quick blip when it happened.
That just shows the brilliance of Jagmeet Singh (NDP) and Doug Ford (Ontario Premier). What a couple of losers.
Now I am really looking forward to the financial world’s version of the paparazzi clamoring to inquire of Klaus Schwab: “Sir, does the WEF endorse the freezing of bank accounts?”
et cetera
Would you believe Klaus if he said “No”?
For a happy fun time, open Bing images and search “Klaus Schwab at the beach”.
When someone learns a foriegn language, they exhibit a glaring lack of understanding for nuance, hyperboly,idiom,…so much so that anything they write, in the new language, is glaringly obviously written by someone who is not writing in their native language.
Read any instructions, for anything made in China, its obvious.
Now, imagine it a step further, ‘people’ who are not only trying to asimilate to a different language, but to a different CULTURE, the culture of a different SPECIES.
THIS ‘mistake’ was OBVIOUS, as soon as the freezing of bank accounts was announced.
Sundance, Iand others predicted JUST THIS EXACT Outcome.
Is it JUST “Liberal echo chamber”, that caused a total blindness to the logical, and indeed expected consequence?
And does that explain numerous public incidents in which WEF’ers not only display an obvious and appaling lack of empathy, but lack of recognition that they are displaying a lack of empathy?
How about the INABILITY to verbally defend their policies? They do not handle any contesting or challenging of their positions; they are INCAPABLE of debate.
Innappropriate laughter, repeating the same line, over and over without offering any proofs, or even arguments in support of their positions, clearly expressing anger, or just walking away are there responces.
Is THIS all explained by liberal mindset?
I cut my teeth on W.F. Buckleys “Firing line”, where he invited liberals on to debate, and sliced and diced them.
Except the show with Gore Vidal, which devolved into a shouting match , the liberals made a sincere effort to DEBATE, and defend their positions.
I’m telling ya,…pod people.
Apparently they are not completely obtuse: see my comment and link above about how Trudodo now wants his emergency powers REVOKED!
Here is the link again:
https://www.zerohedge.com/geopolitical/trudeau-set-revoke-emergency-powers-report
The best part was when Buckley called Vidal a small bundle to sticks and twigs, by their colloquial name! Priceless!
Wasn’t that the interview where Buckley, in an oh-so-erudite manner, threatened to take him to one side and punch his lights out?
Why yes, yes it was:
Majority of Canadians supports these measures my arss…. They see what is happening playing prarie dog, and running for the hills! PUSS#ES!!!!
200 accounts only? with $8million? And they were originally squashed because they supported the convoys?
Who were they? Sounds and looks like wealthy stealth members of the working class got caught.
Or the upper class were unexpectedly supporting their class enemy and their boss didn’t know about until it was found out and they screamed like hell when squeezed.
That is only an average of $40K dollars. Seems reasonable for multi generation working class or lower middle class. Especially if higher in age.
There is nothing special or outlandish there.
So, how many not in the 200+ targeted group made a run on their money?
It looks like the Emergency Act has been revoked…
https://www.zerohedge.com/geopolitical/trudeau-set-revoke-emergency-powers-report
Free Quebec
Canada (Ontario)
7 really big States added to the Union
OH, and let’s also not forget that they were pushing the fact that they wanted to make these new “financial powers” permanent.
I bet that spooked people even more. Ya’ think?!
Unfreezing the accounts does little to help. Demonstrating how easy it is to freeze the accounts, people’s confidence in keeping their money there is destroyed.
Herr Trudeau on National Television stating he is revoking Emergency Measures Act. 3:12 Eastern Time.
Yes, there is a run on Canadian Banks.
CTV is reporting that Trudeau is revoking the Emergencies Act right now
Couldnt happen to a better buncha tyrants!
Sundance, I believe your assessment of the financial implications is what has soyboy revoking his powers two days after implementing them.
Haha. I hope they’re panicking.