Category: Economics

Banks Pull Trudeau’s Stalinist Panto

Less than 48 hrs after the Trudeau regime held a parliamentary vote to pass the Emergency Act, Trudeau was back in front of the cameras to announce that he was revoking the measures as ‘no longer required’. The emergency situation, which he claimed required implementation of the act – various border blockades & occupation of Ottawa, had already been successfully cleared prior to the vote; so what had changed?

There was some speculation that the Senate was not going to ratify the parliamentary vote for martial law, but increasingly, it looks like the overriding reason for walking back the Emergency Act before the ink was even dry, was due to a massive and comprehensive loss of confidence in the Canadian banking system. 

As a newcomer to the Supreme Leader Club, Trudeau clearly believed he could freeze the bank accounts of protest organizers and anyone who donated more than $25, and that there would be no blowback for the banking system; that these measures would be accepted as a necessary price of creating his vision of the world’s first pharma-fascist hermit kingdom. Remember, this is the same Prime Minister who also once said: ‘The budget will balance itself.’

Bank Runs: The Price of Tyranny

Instead, both private citizens and major investors starting looking at the political weaponization of the banking system in Canada, and naturally got nervous. Soon after the announcement that the bank accounts of political enemies were being frozen, billions of dollars started flowing out of the country as investors sought a safe haven for their clients. Realizing their mistake, the RCMP and Trudeau regime immediately announced an end to freezing of accounts, but the damage was already done. Trust, as they say, is slow to build, but can be destroyed in a moment.

A Major Backfire – Is the Canadian Financial and Banking System in Serious Trouble as a Result of Their Attack on Private Bank Accounts?

To put these outflows into some sort of context, it is reported that TD Canada alone lost almost $9 billion in the past week.

The MSM and government are not reporting such losses, nor are they reporting on the #BankRunCanada campaign started by convoy protesters in the wake of the Ottawa crackdown, which is encouraging customers to withdraw as much cash as possible from banks in a campaign of economic guerrilla warfare. The capital flight and collapse in trust was commented on by Dr Jordon Peterson during a conversation with the National Post’s Rex Murphy, in which Peterson issued a sober warning in regards to the safety and credibility of Canadian banks post martial law.

The combined effects of large investment capital flight, and economic guerrilla warfare currently being waged by protesters has had an immediate and massive effect on the Canadian banking system, which is now under such enormous pressure from outflows, that withdrawls are limited at most of the big five Canadian banks to $1000 a day.    

According to the BIS – Bank of International Settlements in Switzerland, the Canadian banking system is currently the most vulnerable banking system on the planet in terms of debt risk. Trudeau will have been be aware of this, but still this did not stop him from taking measures that would set off a chain of events that have resulted in the banks picking up the phone and pulling the plug on his Stalinist panto before its second night. It’s almost as if the grown ups have returned home and Trudeau has been told to clean up, and go to bed.

Only trouble is, we aren’t done, and we get to stay up all night.

Economic Guerrilla Warfare Bitchez! #BankRunCanada

Bank Runs: The Price of Tyranny


Less than 24 hours after the Trudeau regime announced that it would be targeting corporate accounts connected to the truckers, and freezing the accounts of anyone who made a donation in excess of $25, serious issues were being reported by all five of the major Canadian banks, with customers not being able move or withdraw funds for a full 4 hours.

At first it was not clear whether these difficulties were to a cyber attack, hack or bank run. But suffice as to say, if you announce that you will be freezing customer accounts without due process, don’t expect them to stick around as they suddenly lose trust in their government and banking system.

According to Zero Hedge, Canadian Twitter users reported they couldn’t access their funds at the ATMs. One user took a photo of an error message at one of RBC’s ATMs that read, “Tap transactions aren’t available for this card.” 

Is Canada Facing A Bank Run?

None of which will have been helped by Justice minister, David Lametti who announced during a rather bizarre appearance on the Evan Solomon show on CTV, that ‘Trump supporters who donated money to the Canadian Freedom Convoy should “be worried” about having their bank accounts frozen.‘ Full Story

There is no denying that Canada is currently the frontline in the war between the Globalists and Humanity. There has been some speculation as to whether these ‘glitches’ are intentional and the start of a financial reset, but I am inclined to conclude that these are the unintended and unforeseen consequences of a desperate and weak tyrant who has overplayed his hand and gone full junta.

Being completely new to supreme leader club, I honestly think that Trudeau and his cabinet of co-criminals are so arrogant and stupid, that they thought they could initiate these extreme measures and that there would be no unintended repercussions or fall out.

Economic Warfare & the Trudeau Regime

So the Trudeau regime, as it has to be referred to from this point on, has finally overplayed its hand. In invoking the Emergency Act on Monday – previous known as the War Measures Act – he has driven this battle of wills over vaccine mandates into territory where international condemnation, and ultimately resignation awaits. Earlier this week I asked how far Trudeau was willing to go over this? And now I have my answer.

Whilst the rest of the world is walking away, Trudeau is going back to stab the kid who embarrassed him in front of his peers. ‘Relax’ they tell him ‘… it’s just a kid’, but he has become fixated… this is now personal for Justin Bits, and rather than lose face in front of his globalist pals, the kid will have to die.

That is politically what’s going on here – Trudeau’s total lack of pragmatic leadership skills and entitlement, have set him on a path where his only option is to criminally overact. Now we must place our hope in a chorus of waking voices with enough clout to put a stop to this insanity, or it will be left to us to remove him.

Trudeau has made it perfectly clear that the main thrust of his emergency measured will be focused on targeting the financial interests of this political enemies, including ordering banks to seize accounts without due process, and freezing of any accounts from which a donation of $25 was made. He also targeted transportation corporate accounts and insurance coverage for anyone involved in further protests. These measures, whilst not yet sanctioned by Parliament, are already in operation.

I think we can all agree that it would be futile to continue to pour resources into an area where Trudeau now enjoys total dominance, and defeat is almost assured. I am not arguing that those embedded in Ottawa should pull out, but just that our efforts should simultaneously move into other theatres, and in particular, the soft underbelly of any regime – the economy.

As an organic decentralized movement, we enjoy certain advantages, the regime cannot. We get to choose where and when we fight, and the ability to change tactics or method after every engagement. Given this, there seems little point occupying a position the government has marked for annihilation.

Earlier today some within the Ottawa truckers started calling for a General Strike starting Monday 21st – Friday 25th February, requesting that participants call in sick with Covid 19. And to that end, it is worth noting that here in B.C. the provincial government has legislated that employers must provide 5 days Covid sick pay in addition to any existing arrangement.

Needless to say, the Trudeau regime would be helpless to stop a week long General Strike, and the effects on the economy would be devastating, especially if picked up by the workers currently being targeted – farmers and truck drivers.

Trudeau has unleashed economic war on the Freedom Convoy and its supporters, and front and centre of that will be the banks. There is one simple way to address their appetite for compliance to tyranny, and that is for every protester to withdraw all of their money from these banks on the same day. The banks do not keep a lot of cash, and this would cause a run on the banks, which in turn would require financial intervention from the Bank of Canada to rescue the situation.

Earlier in 2021 a group of day traders on Reddit who were using their government lockdown money to purchase stocks, demonstrated the vulnerability of Wall St. hedge funds when they cane to the organized defence of shorted stocks targeted for destruction by hedge fund managers. The mass purchase of Game Stop stocks resulted in at least one Hedge Fund requiring government financial assistance to cover losses, which amounted to over $1 billion.  

GameStop Short Squeeze

But it was their next heavily shorted target – silver, that illustrated the vulnerability of a rigged casino financial system. Silver is the most shorted market on the planet, and keeping it that way is in the best interests of the banks who, not only prop up our terminally ill fiat economies, but who have now been weaponized by Trudeau to once again crush the little guy.

So the second part of this is quite simple: if everyone took some of that cash they withdrew from the banks and bought physical silver with it, this would serve as a double whammy for the banking system; a pincer movement if you like.

These two acts alone would be enough to seriously rattle the Canadian banking system and have repercussions for the global economy – guaranteed Trudeau is getting a phone call in 24hrs. If you then add in a General Strike, this regime would be brought to its knees in short order.

It is these sort of combined tactics we now need to employ. We cannot stand toe-to-toe and trade blows with the Trudeau regime. Ours must be a guerilla war, and we need to become comfortable operating with flexibility, cunning and surprise in every arena available to us.

Tyrannical government is illegitimate by definition, and its destruction a moral duty.

The Modern Feudal System & Serfdom


The Feudal system and Serfdom have long been used to exemplify an oppressive taxation relationship between the elites and their subjects. However, as Peter Schiff of Euro Pacific Asset Management explains in a recent interview with Ben Shapiro, the characteristics of this medieval arrangement are all too familiar for the average North American.

@ 8 mins.

‘What made you a Serf was that you only got to keep 75% of what you produced; the lord took 25%. And we call that Feudalism; Serfdom, and it was very oppressive. Well compare that to what we have now. Most American businesses; entrepreneurs’ would love to be able to keep 75% of what they earn, because very few people do, and now the government wants to take even more.’  Peter Schiff

In high taxation nations like Canada, we are already way beyond what the medieval lord expected of his serf class in terms of personal taxation levels. Not only do individuals pay a base rate of 15-26% on earnings up to $150,000, but when we then spend that money, we are subjected to another 12% via Provincial & Federal sales taxes.

The true rate of taxation for Canadians is closer to a staggering 40%, but even that isn’t enough.. now more is needed.

This week the Trudeau government announced that it would be increasing the Canadian Pensions contributions (CCP) along with Employment Insurance (E.I) premiums for working Canadians, as it had last Jan 1st. Read Article Here

According to CBC, who is no newcomer to patronizing whilst propagandizing:

‘Jan. 1 is going to feel like Groundhog Day for all those paying into the Canada Pension Plan. Like last year, contributions are going up again by more than originally planned, and the reason again lies with the unique impacts of the pandemic on the labour market… So premiums are going up.

But there’s more

The changes to the Canada Pension Plan aren’t done. Prime Minister Justin Trudeau has asked Finance Minister Chrystia Freeland to work with provinces to increase by 25 per cent the amount paid out in CPP benefits to widows and widowers.

EI premiums are going up as well once a two-year federal freeze on increases thaws next year. Premiums are set to rise thereafter from $1.58 per $100 of insurable earnings, to $1.83 by 2027. The yearly increases are the maximum amount allowed by law and need to go up to refill the EI fund after it was drained by pandemic-induced demand.

You have to admire the cozy manner in which they package bad news. So once again, it’s your fault serfs – did you get that? Nothing to do with the policies our handlers forced upon you. Hey, but you still get to be Canadian, so that’s worth it, right?

It would appear that rather than the budget being left to balance itself – as Trudeau previously boasted it was able to do left to its own devices, like the robber baron King John whose reputation still lies in tatters after nearly 1000 years, he now needs to pay for his lockdowns by raiding the poor for more coin

Cue the tax collectors.

The Trudeau government spends like a whore on Rodeo Drive, and now their task is to convince Canadians that they need to submit to post-Feudal enslavement package, and that the quality of life they ‘enjoy’ is worth trading 50% of their gross income for.

The elephant in the room however, is and always has been since the Financial Crisis of 2008, a central bank culture of money printing that is required to keep a multi-trillion dollar debt crisis from coming to fruition and collapsing the entire global economy.

When the market is flooded with wave after wave of cheap money (QE), everything with true value rises on that tide, and in doing so reflects a grotesquely deformed portrait of a functioning economy.  No wonder they are so eager for their Great Reset. 

Canadians increasingly cannot earn enough money to afford their asset bubble homes, and are permanently at the mercy of interest rate hikes, which have been kept at near 0% since 2008 in order to avert a housing crash. The last thing anyone needs after two years of forced lockdowns and shuttered economies, are more stealth taxes from our political elites.