Posted on 02/23/2022 3:04:44 PM PST by Mount Athos
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.
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They didn’t really think that one thru, did they.
They seldom do.
EPOC times reported this earlier today, Trudeau is an IDIOT, but that woman under him is FAR WORSE, her name is Freeman!!
Freeman = Freeland
It’s a wake up call, but I think in the direction of justiying the great reset. when the people lose faith in their money, they look for a replacement. That is what the great reset supposedly offers, secure finance (in exchange for freedom).
I know this: I will never trust any Canadian financial institutions ever again.
Get set.....
Bank run!
Law of unintended consequences in full effect.
When government arbitrarily confiscates all that you have, it causes a person to be in the position of nothing left to lose. Without assets, without the ability to work, death is inevitable, hence nothing left to lose. Even a rabbit fights back when cornered.
Yes, because you can only do it once. I can well imagine what impassioned discussions took place behind boardroom doors.
Our DOJ was advising them what to do and it is a trial run for suspending rights and free and fair elections here in the U.S.
Here’s what they did last time: lost in the legislature but went to lower level judges who ordered drop boxes, late voting, vote by mail, etc etc.
Show up to complain? No standing. Too early. After the election is stolen then what? Oops. No standing. Too late.
They’re testing a “Social Credit Score” so if you show up to an unapproved protest (BLM is approved, of course; truckers for freedom is not approved) they can chase you down forever and end your ability to have a bank account, get a job, practice a profession (look at the doctors and nurses losing careers).
Canada today is us next year.
more secure locations
Where might that be?
The current regime in Canada is commmunist. It believes that all assets belong to it. It cannot be trusted with your money.
Damage already done.
Lost confidence is a hard thing to restore.
Destroy all woke companies, including banks.
I an having a glorious sense of Schadenfreude!
Play stupid national games.
Win stupid national prizes.
The Royal Canadian Mounted Police said those who had their bank accounts frozen were “influencers in the illegal protest in Ottawa, and owners and/or drivers of vehicles who did not want to leave the area.”
Doesn’t sound like a large enough group had their accounts frozen to put the banking system in “Serious trouble.” Wishful thinking on the authors’ part.
Venezuela never crossed their minds.
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