Post
Topic
Board Economics
Re: Capital controls in Europe, RUSSEL 5000 at record high P/E, Japan close Bankrupt
by
countryfree
on 01/04/2015, 14:29:22 UTC
■In France and Italy they already start doing capital controls.

Where did you get this information?

http://www.sovereignman.com/trends/more-capital-controls-as-france-declares-war-on-cash-16658/

http://www.zerohedge.com/news/2015-03-23/fighting-war-terror-banning-cash

http://www.davidicke.com/headlines/tag/capital-controls/

http://www.businessinsider.com/capital-controls-leak-in-greece-is-about-internal-politics-2015-2

In Italy i guess it's not formally announced yet, however I had an aqaintance who has a factory in Italy and tried to wire transfer 250.000€ back to Switzerland and the bank wouldn't let him, they now started an investigation on him, which will last atleast 6 months (althougn he is a nice guy , and not involved in anything dirty, so this investigation is only a "facade" , they disguised CAPITAL CONTROL into some bogus AML investigation  Tongue)

The EU zone is in deep shit now, they want to freeze all money inside it and then loot it all after the boat sinks Smiley

ZeroHedge?

David Icke?

Those are your sources of information?!

Plus, a limit for cash transactions is not capital controls, your little anecdote also not credible information....

When you arrive at an airport in France, there's a warning that the maximum sum you can legally carry is €10,000. Also, if you go to a French bank, the people there will look at you with suspicious eyes if you want to withdraw more than €1,000 cash.