Why Was The Emergencies Act Dropped?
There will be lots of info coming out in the next while regarding trudeaus decision to scrap the emergencies act.
I've been thinking alot lately about different stories I've heard in the last few weeks, all not related to the emergency act per se, but interesting angles directly and indirectly about The Freedom Convoy.
Oddly enough, today, those stories came together when trudeau scrapped the act.
When the act came down, and the bank accounts started getting frozen, foreign money in canada got really scared and pulled their money out of Canadian banks.
We're hearing that there is a problem regarding bank reserves and fractual lending and a run on the banks, by us, the fringe.
While the fringe pulled money out, foreign money ran first and took everything they had and offshored it. Like, immediately. Quick-smart.
Look at the ramifications of that. Hot foreign money gone, probably forever. Why would they ever trust trudeau again? They know tyranny, and they'll go where their money is safer, every time.
Which means....under our fractional banking, banks can lend up to, I think it's 10 times the amount of deposits brought in.
So, if foreign money took out, let's say a billion, that's 10 billion in fractional. Gone.
But let's say foreign money took out 10 billion. That's 100 billion fractional. Gone.
Just to be a tool...let's say, the foreign run on our banks was 100 billion.
Do the math, we're talking about real money now.
Now what else is tied up in foreign money? Oh that's right, the housing market.
What is keeping Canada's economy from absolutely tanking? Housing. And is there any foreign money in housing? How much, a little or a lot?
Why would foreign money now buy in canada with the threat of frozen accounts for ANY reason, and the thought of mass arrests and possible civil unrest?
The Emergencies Act is deadly serious.
When hot money is pulled from Canada, combined with fractionial banking, combined with a housing collapse...thats not going to play well with trudeaus fellow squeeze toy friends at the young global leaders bonspiel, or his masters at the Wef.
Do the math on the back of a napkin and you'll see that the amount of money and damage this has done and will do is going to be astronomical.
Trudeau is in big, big trouble.
Can't say we didn't warn him