RE: Are you ready? Are you sure?
Love this post my fellow native. You must also follow the work of Bill Holter.
What worries me most beside food shortages, is the ability for folks - especially in Canada - to keep their homes heated. Even though I left in 2008, I remember heating costs were very high; so I can imagine that they have only increased much more since then. You almost wonder what is the more pressing need - food in your stomach or keeping your body temperature warm enough to survive.
I agree with your assessment that these cartel members don't give a damn about humanity and are casting their death net far and wide.
Glad to hear that you and your family have made the necessary precautions.
Any thoughts as to how the Canadian dollar (and banks) may fare during the next crisis/meltdown? (being as realistic and objective as possible, of course)
I share your concerns and if this event happened in the winter time, we could see tens of millions of people freeze to death which would result in the whole interior of the continent (including the US) being unpopulated. What better way to get people off the land than to freeze them out?
As for the Canadian dollar and banks, they are intimately tied to the US system. The Canadian banks are a bit more hardened than the US banks, but they have the same issue; they run on debt based currency. I don't think foreign governments are sitting on physical currency like what the US has, but even if the credit bubble burst, I do feel it would take the Canadian dollar down with it. Though it may take a few days, which gives Canadian's a bit of a buffer. While the US system melts, Canadians will panic and create a run on the bank which would then shut down the Canadian system.
I've been advising people to not keep money in the bank, especially since the French Yellow Jacket movement is planning a run on their banks today. That could be enough to start the dominoes falling across the financial system of the entire world. The financial system will respond by severely restricting the flow of money out of ATM's or tellers.
I would watch out for events where people cannot withdraw money or credit and debit cards stop working. That would be an early sign that the system is in deep trouble and doing everything they can to keep liquid. The Canadian government as legislation in place so that if the banks need help, they have the legislative authority to take money out of peoples accounts to prop up the bank. When you see your money disappear out of your bank account or any of these other signs pop up, I would implement bug out plans ASAP as city lock down by the military could be next. I've learned that the Canadian Military can lock down a city in 15 minutes. So once you hear that they have started their operations, it is too late.
US plans for city lock down is to prevent people from going in or out and wait. In a few weeks they then will go in with body bags to clean up the mess. We avoid the city as much as possible as there is no way I want to be in there when the SHTF. We have given our boys instructions and they have created bug out bags with the tools they will need to hike out if necessary and travel for 4 days to get out to where we are while avoiding military patrols.
That is my realistic and objective assessment.
Definitely agree and it is very much worthwhile to keep an eagle on this.
As for the lockdown of cities, I didn't know Canadian cities (I assume you mean major cities - of at least 1/2 million people) could be closed within 15 minutes. Wow. I am not entirely clear, though, as to why they would prevent them from leaving? I mean, why wouldn't they just want to have people run off and fend for themselves (and not have to provide for them)? Moreover, wouldn't masses of angry and hungry people be a major threat to the establishments (even the military) and hence an extra incentive not to keep them in?
On another note, don't you find it worrying and so imprudent that Canada basically has 0 gold holdings? Ouch...