The European Union has once again been confronted with a major terror attack, and is coming down harsh on cash, gold and other valuables as a response. Due to its supposed connection to financing terrorism, cash and gold are being closely monitored and seized as it flows into the EU.
Meanwhile, economic crisis driving extremely tight cash control measures in Venezuela, India and other parts of the developing world. In the name of combating illicit financial activities, these countries have banned nearly all of the currency, while placing a very short leash around their already impoverished populations.
The United States, too, is under a great deal of economic pressure. Enormous mounts of debt, rising interest rates and a number of massive bursting bubbles, could explode into a major crisis. While there are already fairly tight restrictions on transferring, withdrawing or crossing borders with large amounts of cash, even great restrictions may be coming.
- 2017 will shape up to be the year of the Global Cash Bans.
- All of it will curb freedom, and force digital market transactions, backed by biometric identification, tracking and verification.
- Cash is being restricted as a means of maintaining control over the citizenry.
After the latest round of terror attacks in Berlin and across Europe, the European Commission is instituting unprecedented cash controls, clamping down on the influx of cash and precious metals that they fear could be used in terror financing. This amounts to even more restrictions on everyone else who isn’t a terrorist.
Original Source: http://www.shtfplan.com/headline-news/financial-lockdown-atms-went-dry-3-police-states-banning-cash-to-control-the-people_12272016#