{"id":61452,"date":"2021-04-21T10:48:30","date_gmt":"2021-04-21T14:48:30","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=61452"},"modified":"2021-04-21T10:52:35","modified_gmt":"2021-04-21T14:52:35","slug":"why-did-canadas-largest-bank-royal-bank-of-canada-collapse-on-friday-after-hours-dropping-64","status":"publish","type":"post","link":"http:\/\/stateofthenation.co\/?p=61452","title":{"rendered":"<b><i>Why did Canada&#8217;s largest bank&#8211;Royal Bank Of Canada&#8211;collapse on Friday after hours, dropping 64%?!?!<\/b><\/i>"},"content":{"rendered":"<div class=\"_1yEvn\">\n<div class=\"_2wZrM _3BIio\" tabindex=\"-1\" data-hook=\"post-title\">\n<h1 class=\"_1gHzn _2M4wi blog-post-title-font blog-post-title-color blog-text-color post-title blog-hover-container-element-color _1EQZr blog-post-page-title-font\" data-hook=\"post-title\"><span class=\"post-title__text blog-post-title-font blog-post-title-color\"><span class=\"blog-post-title-font blog-post-title-color\">Royal Bank Of Canada<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<p><!--more--><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-61455 aligncenter\" src=\"http:\/\/stateofthenation.co\/wp-content\/uploads\/2021\/04\/Screen-Shot-2021-04-21-at-10.51.47-AM.png\" alt=\"\" width=\"378\" height=\"289\" srcset=\"http:\/\/stateofthenation.co\/wp-content\/uploads\/2021\/04\/Screen-Shot-2021-04-21-at-10.51.47-AM.png 378w, http:\/\/stateofthenation.co\/wp-content\/uploads\/2021\/04\/Screen-Shot-2021-04-21-at-10.51.47-AM-300x229.png 300w\" sizes=\"auto, (max-width: 378px) 100vw, 378px\" \/><\/p>\n<div class=\"yF0IC\" data-hook=\"post-description\">\n<article class=\"blog-post-page-font\">\n<div class=\"post-content__body\">\n<div class=\"f-0hV _15aM- _1VVYC\" data-rce-version=\"8.27.7\">\n<div class=\"kcuBq Qbjx- _3-ucy uatYj\" dir=\"ltr\">\n<div class=\"kaqlz _3suv7\">\n<p id=\"viewer-ehubf\" class=\"XzvDs _208Ie _247b9 _2QAo- _25MYV eaHbJ _247b9 public-DraftStyleDefault-block-depth0 public-DraftStyleDefault-text-ltr\"><span class=\"vkIF2 public-DraftStyleDefault-ltr\">Canada&#8217;s largest bank collapsed Friday after hours, dropping 64%<\/span><\/p>\n<p id=\"viewer-d7mo9\" class=\"XzvDs _208Ie _247b9 _2QAo- _25MYV eaHbJ _247b9 public-DraftStyleDefault-block-depth0 public-DraftStyleDefault-text-ltr\"><span class=\"vkIF2 public-DraftStyleDefault-ltr\">Canada&#8217;s largest bank, the Royal Bank of Canada or RBC, with $1 trillion in AUM and the largest stock in the TSX, crashed 64% after hours on Friday with no explanation.<\/span><\/p>\n<p id=\"viewer-8p7gm\" class=\"XzvDs _208Ie _247b9 _2QAo- _25MYV eaHbJ _247b9 public-DraftStyleDefault-block-depth0 public-DraftStyleDefault-text-ltr\"><span class=\"vkIF2 public-DraftStyleDefault-ltr\">Today, customers en masse were locked out of their RBC accounts and RBC is closed.<\/span><\/p>\n<p id=\"viewer-7g5v3\" class=\"XzvDs _208Ie _247b9 _2QAo- _25MYV eaHbJ _247b9 public-DraftStyleDefault-block-depth0 public-DraftStyleDefault-text-ltr\"><span class=\"vkIF2 public-DraftStyleDefault-ltr\">Trudeau and Freeland release the budget tomorrow. Rumours are that RBC is insolvent, has begun seizing customer&#8217;s bank deposits to stay solvent and that Trudeau and Freeland will bail out RBC (and other banks) with their budget.<\/span><\/p>\n<p id=\"viewer-3tp6c\" class=\"XzvDs _208Ie _247b9 _2QAo- _25MYV eaHbJ _247b9 public-DraftStyleDefault-block-depth0 public-DraftStyleDefault-text-ltr\"><span class=\"vkIF2 public-DraftStyleDefault-ltr\">Canada is Collapsing.<\/span><\/p>\n<p id=\"viewer-d71r7\" class=\"XzvDs _208Ie _247b9 _2QAo- _25MYV eaHbJ _247b9 public-DraftStyleDefault-block-depth0 public-DraftStyleDefault-text-ltr\"><span class=\"vkIF2 public-DraftStyleDefault-ltr\">@RedPillPharmacy &#x1f48a;<\/span><\/p>\n<p id=\"viewer-embgo\" class=\"XzvDs _208Ie _247b9 _2QAo- _25MYV eaHbJ _247b9 public-DraftStyleDefault-block-depth0 public-DraftStyleDefault-text-ltr\"><span class=\"vkIF2 public-DraftStyleDefault-ltr\">@DismantlingTheCabal<\/span><\/p>\n<p>___<br \/>\n<a href=\"https:\/\/www.simonparkes.org\/post\/royal-bank-of-canada\">https:\/\/www.simonparkes.org\/post\/royal-bank-of-canada<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Royal Bank Of Canada<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-61452","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/61452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61452"}],"version-history":[{"count":0,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/61452\/revisions"}],"wp:attachment":[{"href":"http:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61452"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}