EU to get rid of cash – new economic totalitarian regime

TDC Note – In, Pushing You Into a Cashless Society, I made it very clear the criminals will not sleep until they take your cash. At that moment we lose everything. Any illusion of freedom or liberty or sovereignty will evaporate into the ether. from Pravda Brussels is going to bring about new steps in order to cope with the debts of European bank reserves. It decided not to undertake any further reforms to tackle the existing economic problems but rather to get rid of all cash. To maintain the euro, they must maintain the banks. But the bank reserves consist of debts of all member states. As government becomes insolvent as in Greece, the banking system is undermined. The only way to prevent the banking collapse is to prevent people from withdrawing cash. Hence, we see this trend surfacing all the mainstream press to get the people ready for what is coming after 2015. We can even evidence this approach in major parts of Germany. There will be no ability to buy or sell anything without government approval. That is where we are going and this may be the major event that erupts after 2015. Thus, the European banking system may face totalitarian regime. The bail-in that took place in Cyprus has further encouraged governments to safely continue on the course. BONUS READING – In case you missed it>>> Secret meeting on cash elimination to take place in London An American financier Martin Armstrong, best known for his economic predictions, is deeply concerned over the cash elimination. The European countries are reportedly to eliminate cash in favour of electronic transactions, which will be easily controlled by the government. Armstrong warns, that digital currency transactions offer total control via a seamless tracking of all transactions in the economy, and the ability to block payments if an uppity citizen dares get out of line. Martin also reports on a secret meeting in London with the aim of getting rid of any economic privacy that remains, by ending cash. “I find it extremely perplexing that I have been the only one to report that there is a secret meeting in London where Kenneth Rogoff of Harvard University and Willem Butler the chief economist at Citigroup will address the central banks and advocate the elimination of all cash to bring to fruition the day when you cannot buy or sell anything without government approval.”

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