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Comment by csense

The Canadian government froze the bank accounts of truckers involved in a protest [1] [2] [3].

If a government is willing to go after the property of its own citizens without due process, foreign investors have to think: "What's to stop the same from happening to me?" Even if that foreign investor's a central bank.

[1] https://www.bitsaboutmoney.com/archive/debanking-and-debunki...

[2] Maybe the truckers' protest went too far; they were blocking roads. The point isn't whether they deserved to be punished; the point is that their accounts were frozen without going through the laws and court system.

[3] This was in 2022, so it has nothing to do with the current US administration.

parent csense 1 month ago

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