Seven Great Truths: The Reality Behind The Canadian Trucker Protests
In fractional reserve banking, simultaneous withdrawals by enough depositors will collapse the entire system, it’s a mathematical certainty. Governments’ deposit insurance funds have only a pittance of the deposit liabilities they supposedly insure. Once those funds are depleted the government either closes the banks or informs people they’ve lost their deposits. If that happens in Canada, you’ll have a Depositors’ Insurrection joining the Truckers’ Insurrection.