Anyone who has been paying attention over the last four years knows the Europe is ground zero for Central Planning insanity.
Europe was created as a union with open borders with the open flow of capital. However, the elites have clearly demonstrated that they are willing to lie cheat and steal in order to maintain their agenda.
Case in point, Europe has already seen:
1) The implementation of border and capital controls during a crisis (2012-2013).
2) The confiscation of bonds or savings deposits to “bail-in” insolvent entities (Netherlands in 2011, Spain in 2012, Cyprus in 2013).
3) The implementation of Negative Interest Rate Policy or NIRP in which savings are taxed by banks (2014 until today).
Put simply, Europe is where Central Planners in the developed world first implement their policies to see if they can get away with them.
Which is why the following should be on everyone’s radar.
Proposal for an EU initiative on restrictions on payments in cash
As preventing the anonymity linked to cash payments is the main driver, the objective can be attained by restricting cash payments through an EU legislative instrument, and thereby forcing payments through means that are not anonymous (bank transfers, checks, etc.). But the same objective could also be attained by, while still allowing unrestricted cash payments, imposing a declaration to a competent authority. This would allow the continuous reliance on cash payments, with its benefits in terms of simplicity and cost.
Put simply, Europe is now proposing a potential “threshold” on cash payments for the EU as a whole.
Individual EU member countries have already passed similar laws: France has banned any transaction over €1,000 Euros from using physical cash. Spain has banned transactions over €2,500. Germany is now proposing banning cash from transactions of €5,000 or higher.
However, the above proposal marks the first such proposal for a cash ban that would exist across the entire EU.
As we have been stressing for the last few months, the elites war on cash is not over, by any means. If anything it’s about to intensify.
Watch this space.
Merkel Furious After Trump Refusal To Toe The Party Line Causes G-7 Failure To Agree To Agree On Climate Change
So things dod not go according to the New World Order plan at Donald Trump’s first G-7 summit, where the US president refused to be pushed around by leaders of second division powers including German Chancellor Angela Merkel and new French President Macron. The G7 was downgrated from the G8 because of Vladimir Putin’s obstinacy in resisting Obama’s efforts to depose the Assad regime in Syria, now appearsd to be heading towards further diminuition as the G6.
The Financial Times Calls for Ending Cash, Calls it a “Barbarous Relic”
Earlier this week, as the financial world was in turmoil following a rapid crash and recovery in financial markets. While we the punters shook our heads and wondered how the banksters get away with this kind of shit, The Financial Times published a dastardly little piece of fascist New World Order propaganda.
New Global Crisis Imminent, New Geneva Report Warns
The Geneva Report refers to a “poisonous combination of high and rising global debt and slowing nominal GDP [gross domestic product], driven by both slowing real growth and falling inflation”. The total burden of world debt, private and public, has risen from 160 per cent of national income in 2001 to almost 200 per cent after the crisis struck in 2009 and 215 per cent in 2013. “Contrary to widely held beliefs, the world has not yet begun to delever and the global debt to GDP ratio is still growing, breaking new highs,” the report said.
Cashless Society – The Resistance Begins Here
A seaside market town in Norfolk may be less than 100 miles from the world’s financial capital, London, , it may be the commercial centre of West Norfolk’ as the town website boasts, it may be home to 45,000 people — but there, unlike in London, cash is king.
Establishment Pushing ‘Cashless Society’ to Control Humanity
The global establishment is increasingly pushing the notion of what it calls a “cashless society” — a world in which all payments and transactions would be conducted electronically, creating a permanent record for governments to inspect and track at will.Multiple governments from Africa and Asia to Europe and …
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