Bank

Queensland, Australia threatens to confiscate homes, bank accounts of residents who haven’t paid fines for violating covid mandates

“Now the state is requiring all of those civil citations get paid, or else. And the enforcement actions to collect these fines from the State Penalty and Enforcement Register (SPER) are quite extreme. Citizens who have outstanding tickets are finding their driver’s licenses suspended; bank accounts are being frozen and seized; homes and property are being confiscated, as well as business licenses suspended for outstanding citations.”

In Victoria, Aussies can no longer buy or sell if they refuse to get covid jabbed

‘Unchecked power’ of Dan Andrews’ new pandemic laws met with ‘fury’ The reaction to the “unchecked power” of the new pandemic laws proposed by the Andrews government has been “furious,” according to Sky News host Paul Murray. The new laws would see increased fines for rule breakers, up to two years’ jail time for the worst rule breakers and there would be no need for the government to renew the powers in parliament. “Even people that normally don’t criticise the government are coming out and doing so,” Mr Murray said. “High profile lawyers, part of the Bar association in Victoria have referred to these laws as ‘disgraceful’, for all of the obvious reasons, for all of its lack of oversight, for all of its unchecked power.” Original: Marty Focker
Banks raided, property seized, licenses cancelled in COVID fine recovery
Queenslanders who received fines for breaking Covid rules risk having their homes seized and bank accounts frozen in a government crackdown to collect $5.2 million in repayments.
The Penalties Enforcement Register is expected to collect 3,046 unpaid fines on behalf of Queensland Health. More than 2,755 fines were from individuals and businesses accused of breaking Covid restrictions.

The Last Refuge – COVID Madness Down Under Continues – State Now Confiscating Bank Accounts, Property, Licenses and Businesses if COVID Fines Not Paid While Unemployed Workers Locked Down

COVID Madness Down Under Continues – State Now Confiscating Bank Accounts, Property, Licenses and Businesses if COVID Fines Not Paid While Unemployed Workers Locked Down

October 29, 2021 | Sundance
Of all the extreme measures carried out by various states in Australia, the collections and confiscations by the State Penalty and Enforcement Register (SPER) might just be the icing on the cake.

During the lengthy COVID lockdown in the state of Queensland, Australia (Brisbane area), most workers were not permitted to work or earn a living.

Several states stepped in to provide wage subsidies so people could purchase essential products and pay their living expenses. However, during the lockdown if you were caught violating any of the lockdown rules, you were subject to a civil citation, a fine or ticket for your COVID violation.

Get caught too far from home, outside your permitted bubble, and you get a ticket. Get caught spending more than the permitted 1 hour outside, get a ticket. Get caught without a mask, even by yourself – and yep, ticket. Enter a closed quarantine zone (park, venue, etc.) and you get a ticket. Tickets were being handed out by police on the street as well as during random checkpoints on the roadways.

Economy News – KWN – Greyerz – This May Crash Europe’s Financial System And Lead To The Next Global Crisis And Collapse

Zero Hedge – Minimum Wage Massacre: Wendy’s Unleashes 1,000 Robots To Counter Higher Labor Costs
by Tyler Durden Feb 28, 2017
Wendy’s chief information officer, David Trimm, said the kiosks are intended to appeal to younger customers and reduce labor costs. Kiosks also allow customers of the fast food giant to circumvent long lines during peak dining hours while increasing kitchen production.
As Dispatch.com reports, the Dublin-based burger giant started offering kiosks last year, and demand for the technology has been high from both customers and franchise owners.

KWN – Gerald Celente: Broadcast Interview – Available Now

KWN – ALERT: Legend Art Cashin Just Issued A Dire Warning
On the heels of another record breaking week for the Dow, legend Art Cashin just issued a dire warning.
Eric King:  “When you look at the stock market, Art, we keep hitting one record high after another on the Dow.  As the market continues to melt-up, do you sometimes step back and say, ‘I’ve seen this movie before and it doesn’t always have a good ending?’”
Art Cashin:  “Well, it’s funny you say that.  I wrote in my comments yesterday about the fact that the Dow being up nine consecutive record closes has only happened five times since 1897.  And in virtually all of those cases it didn’t end well.  It didn’t end badly immediately after the streak was broken but a year or so later there were problems.  The most recent time we’ve seen it they had 12 records in a row in early 1987, (laughter) and we all have some scars from what happened later in 1987.  It also happened in 1929.

Thomas Dishaw – Barclays bank goes down over the weekend, millions unable to access cash or use credit cards
A server crash on Barclays network Saturday gave many customers an unwanted glimpse into the chaotic future of a cashless, automated society. The crash left many unable to access their funds, unable to use internet or telephone banking and caused many cash machines to go down as a result of hardware failure.
Customers noted that their debit cards were declined even for small purchases like a 17p banana. Many took to social media to express frustration over the inability to withdraw money from in ATMs or be able to pay for purchases in shops and pubs around the world. Some reported being stranded because they could not access funds to buy tickets to return home. Others expressed desperation of not being able to feed themselves or their families.
Panic set in when Barclay’s admitted they had not idea how long it would take to fix the issue, even speculating that it could take until Monday. The bank released a statement saying it was “working to fix” a problem and advised customers to use other banks’ cash machines. It added that telephone banking and in-branch payments were also affected and apologized “for any inconvenience.” Barclays also reiterated the fact that no customer will lose out financially because of the hardware crash and any relevant fees would be reimbursed as soon as possible, another concern that some users called out.
There is still no word how many of Barclay’s 15 million card customers were affected by the outage. There is no doubt this experience echoes the fears and concerns many still have of completely cashless societies. Becoming dependent on cards leaves us vulnerable to situations like this. And the increase of automation results in fewer bank branches where you can go in and manually withdraw money from your account.
Globalists have indoctrinated many of us to believe that electronic currency is more convenient and easier to access than paper currency. But the advantage for cash remains that it is tangible and can be used to trade goods at face value, whereas we see in this scenario that if the value on your debit or credit card cannot be accessed, it doesn’t exist.

KWN – Greyerz – This May Crash Europe’s Financial System And Lead To The Next Global Crisis And Collapse
With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, spoke with King World News about why Target2 may crash Europe’s financial system and lead to the next global crisis and collapse.
100 Years Of Massive Credit Expansion
To own gold is not climbing a wall of worry. For anyone who understands the problems that the world is now facing, physical gold ownership gives peace of mind and the best insurance that money can buy. So why are less than 0.5% of world financial assets invested in gold and gold stocks? There are several reasons for this. Firstly, 100 years of massive credit expansion and money printing have mainly inflated the asset classes that investors understand, be it stocks, bonds or property. Also, financial repression, which in layman’s terms means manipulation, has totally distorted most financial markets. With the help of derivatives, governments, central banks, investment banks and hedge funds can create false markets in most investment areas. If a market is massive and global, like currencies, they are very hard to manipulate, except if several major sovereign states collude. But in a small market like gold and silver, it is extremely easy to manipulate prices. Even more so when a lot of it is done with the assistance and blessing of governments…

Zero Hedge: Two Major Central Bank Insiders Just Gave a Clear Signal What’s to Come

Two Major Central Bank Insiders Just Gave a Clear Signal What’s to Come

Are you ready for inflation?

On Friday, both the Bank of England AND the US Federal Reserve made clear signals that they WANT inflation.

The Bank of England is prepared to tolerate higher inflation over the next few years and will keep interest rates low to support economic growth, according to Governor Mark Carney.

Source: Telegraph

In a further indication that the Federal Reserve will be inclined to let inflation run hot for a while, Chair Janet Yellen on Friday said it’s useful to consider the benefits of a “high-pressure economy.”

Source: CNBC

These two announcements hit the same day at roughly the same time. This was a coordinated verbal intervention by two major Central Bank heads.

Folks, this is as close as you can possibly get to a Central Banker literally telling you what to buy. Central Banks want inflation and have even signaled that they’re willing to let it run ABOVE their targets.

Bulgaria tries to contain bank run

Bulgaria tries to contain bank run

By Alanna Petroff  @AlannaPetroff June 30, 2014: 11:31 AM ET

Bulgarian authorities have made seven arrests and pumped more than $2 billion into the country’s financial system in a bid to prevent a bank run spiraling out of control.

Officials blamed the rush to withdraw deposits on a coordinated attempt by individuals to destabilize the banking system by spreading unfounded rumors via social media, emails and text messages.

“There is no cause or reason to give way to panic. There is no banking crisis, there is a crisis of trust and there is a criminal attack,” said Bulgaria’s President Rosen Plevneliev in a public address on Sunday after the arrests were made.

It all started roughly 10 days ago when messages began circulating warning people that the country’s financial system was unstable. Bulgaria’s Corporate Commercial Bank ran out of money and was placed under state control.

The collapse revived memories of a previous Bulgarian banking crash in the 1990s, and as the rumors kept coming another Bulgarian bank — First Investment Bank — was overwhelmed by people rushing to withdraw their savings.

That bank was forced to close temporarily on Friday after its branches and ATMs were drained.

In response, the central bank said over the weekend it would provide a credit line worth 3.3 billion Bulgarian lev ($2.3 billion) to the country’s banks to reassure people about the safety of their savings.

More at:

http://money.cnn.com/2014/06/30/news/economy/bulgaria-bank-run/index.html?iid=HP_River