Skip to comments.Did Trudeau Create a Dangerous Run on Canadian Banks by Freezing Protesters' Bank Accounts?
Posted on 02/25/2022 9:17:34 PM PST by TChad
According to the Canadian financial blog Armstrong Economics, the emergency powers activated by Justin Trudeau to cripple the trucker protests have sparked panic among citizens, which could lead to a devastating financial crisis. On Feb. 14, Trudeau enacted the Emergencies Act, which enabled Canadian banks to freeze the assets of anyone who donated to protests against the vaccine mandates — without due process or any court action.
Trudeau then ordered the banks to unfreeze the accounts after the protesters had been cleared away. But what is reported to have happened after that is being ignored by the corporate press. Armstrong Economics says there was a stunning run on banks across Canada, as scared citizens are withdrawing their life savings and transferring it to foreign banks in the United States and elsewhere.
(Excerpt) Read more at pjmedia.com ...
The stupid liberal twit cannot foresee something as foreseeable as a bank run.
ha ha trudeau trucked himself
Let’s see: you demonstrate to the people that your money can be seized at any time without due process. What’s the worst that could happen?
The good news is I hope this at least slows down the move to government virtual currency
I saw it. And I’m not even smart enough to speak French.
LOL... that actually looks like a photo from Tiger Beat magazine circa 1978. He’s the new Shawn Cassidy!
I know that I am going to put some ca$h in some local safes as a result.
Unintended Consequences indeed.
Oh, you’re too young to remember Shawn Cassidy.
He eviscerated faith in Canadian banks.
And the Canadian Charter of Rights and Freedoms.
I suspect he got a call from WEF to back it off because it was exposing the potential abuse of power of the world Digital ID that they’re pushing. Well, now, people can see for themselves what the end result might, could, would be and should want no part of it.
I would ask the question...just how many accounts were closed? Banks haven’t been open on that topic.
Regaining faith? Wouldn’t surprise me if even after he pulled the emergency powers act....people might still be in fear of what happened.
Trudeau’s puppet masters must be beyond furious with him. He has exposed their playbook way to early in the game.
He mishandled this from beginning to end.
Hey Canada, kiss your hoped-for global digital currency leadership role goodbye.
lets just say he gave them a lil stress test...
Money makes the world go round.
Stand between a man and his ability
to care for and feed his family and
the whims of a tolatarian government.
One can easily guess the consequences.
The U. S. Govt. Gives billions to crimals every day. I.E. govt subsidy and programs from food stamps. WIC, and various other welfare programs. So can the govt siege gov bank accounts.
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