Web Analytics

Unintended Consequences

0
945

Bank runs have started in Canada and the US.

3 of the major Canadian Banks went offline as the Trudeau government started locking people out of their account.

With their governments telling everyone how they're going to find everyone who donated and close their accounts etc.

Cool cool you do that asshole.

Everyone then starts pulling their cash out here and in multiple countries as we speak...Even if they had nothing to do with any protestors.

https://finance.yahoo.com/news/canadians-bitcoin-btc-government-targets-050408842.html

Thing is...Banks in order to lend have a Lend versus Deposit Ratio.

Some banks Lend $1 for every $0.70 in deposits while some unscrupilous banks lend $30 for every $1 in deposits...Which is a big no-no.

Why you ask?

Because of shit like this...They can't cover the runs and collapse which causes more collapses...Here's what a real bank run looks like:

Or they only allow you to spend and transfer the digital cash or use your debit card.

Everyone becomes Cash Poor and shit like this happens...A crazy spike in prices.

https://www.bloomberg.com/news/articles/2022-02-16/inflation-is-now-running-hot-in-80-of-canada-s-price-categories

Think about it, if banks don't have cash they aren't allowed to lend, if there's no lending it causes a Domino Effect:

Which will cause Big Business to intervene...The governement doesn't care what the Common Man or Joe Shmoe thinks, but they care what Jamie Dimon thinks.

If you all think it will only affect the Truckers you're wrong...EVERY TIME they want to force the population to do something all they have to do is fuck with your bank account and you'll be blowing donkeys on stage and taking suppository vaccines in the anus.

Everyone says they want to shake and change the system?

Crash it?

Scare the uber rich?

Then get ready.

Any police pushing these violent actions on peaceful protestors are not Law Enfoorcement...They're Nazis...Fuck them.

Sponsored
Search
Sponsored
Categories
Read More
Health
I'm Enjoying Getting Older
Just went to McDonald's looking like if a crazy person had escaped from some home for the...
By Noodles123 2022-01-16 20:45:41 2 911
Other
Nothingness
The Tomb Styne show is canceled.
By tombstyne1875 2022-06-21 12:30:39 0 1K
Fitness
Crazy Evil Underbelly of Bank Lending
Quick story: Last year for a non collateral personal loan I could get $150K at 8.9%. In March, I...
By Noodles123 2022-04-20 05:52:02 15 1K
Gardening
Wimpy Mfker
...
By Noodles123 2021-12-31 04:06:14 12 979
Gardening
Pretty Fucking Evil Genius
So was watching a Russell Brand interviewing this computer scientist explaining how Google's A.I....
By Noodles123 2023-09-30 05:09:06 2 1K