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Reason: None provided.

The banks are going to take a massive hit going forward. Consider amount of damage they've done to the public trust by telling their clients that they'll freeze the bank accounts of anyone who dissents against the government.

Look at this: Huge spike in google searches for "gold" right after the banks started freezing accounts on 16 Feb:

https://trends.google.com/trends/explore?date=today%203-m&geo=CA&q=gold

What that tells you is a whole bunch of people started looking for ways to shelter their money from the banks after learning the banks were going to start freezing the accounts of political dissidents. That corroborates what the OP article is claiming about people emptying their bank accounts and moving their funds to US banks and elsewhere.

That's a whole lot of public trust the banks will probably never regain. And so be it. They should have told Trudeau to go fuck himself and instead looked out for their customers.

2 years ago
1 score
Reason: Original

The banks are going to take a massive hit going forward. Consider amount of damage they've done to the public trust by telling their clients that they'll freeze the bank accounts of anyone who dissents against the government.

Look at this: Huge spike in google searches for "gold" right after the banks started freezing accounts on 16 Feb:

https://trends.google.com/trends/explore?date=today%203-m&geo=CA&q=gold

What that tells you is a whole bunch of people started looking for ways to shelter their money from the banks after learning the banks were going to start freezing the accounts of political dissidents. That corroborates what the OP article is claiming about people emptying their bank accounts and moving their funds to US banks.

That's a whole lot of public trust the banks will probably never regain. And so be it. They should have told Trudeau to go fuck himself and instead looked out for their customers.

2 years ago
1 score