Friday, December 23, 2016

Spain Bans Cash Transactions over $1k

Yet another EU country goes after cash elimination by first limiting transactions over a certain amount. This will be followed by a demonetization of currency and a total cash ban, wiping out trillions of Euros. 

After everyone who HAS ANY MONEY left in the system will find those funds seized under state sanctioned BAIL INS. These bailins - asset seizure of depositors funds - are the final nail in making the middle class disappear and creating a world of poor people unable to live, earn, eat, and function, without state support.

Once gone, never to return...