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Canada’s New Bail-In Proposal - (Those in Canada better pay attention to this.)
Socialism is dead. The new proposal for failed banks moving forward will be for the bank to seize the money of its depositors and issue them stock in its place. This is a “bail-in” that pretends to be more compassionate. This is the new proposal circulating around in Canada championed by Justin Trudeau.
https://www.armstrongeconomics.com/international-news/north_america/canadas-new-bail-in-proposal/
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