Canada's banks appear to be in trouble. Banks are reportedly restricting withdrawals and the transfer of money out of Canada. Canadian banker Alan Brough provides insight on the freezing of bank accounts, the freedom movement designation by government as a domestic terrorism organization, government overreach, the merits of credit unions vs banks, digital ID, the new open banking platform, CBDCs, bank insolvency, debt vulnerability, foreclosures, inflation, deposit security and insurance, flagging of bank accounts, bank Bail-In risk, property foreclosures, FINTRAC monitoring, foreign bank accounts, crypto and the importance of hard assets like gold and other precious metals. We may be on the cusp of some changes so this is an important time to be proactive and protect your vulnerable bank deposits.
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Maryann, thank you so much for sharing this interview! So much valuable information for us to think about. Much appreciation.
Friday Apr 15, 2022
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