capital controls Archives - theDrahos

Dethroning Of Cash: Discouraged, Penalised And Then Banned

By David Posted on February 6, 2016 Posted in Aggregated No Comments Tagged with capital controls

‘Stock market gyrations and deteriorating global economic conditions in the early goings of 2016 sent investors fleeing for safety. Or at least what is commonly thought to be safety. Many in the financial media are now trotting out the bromide that “cash is king.” A sampling of recent headlines illustrates how pervasive the thinking is:’ […]

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Germany Unveils ‘Cash Controls’ Push: Ban Transactions Over €5,000, €500 Euro Note

By David Posted on February 4, 2016 Posted in Aggregated No Comments Tagged with capital controls, control, germany

‘It was just two days ago that Bloomberg implored officials to “bring on a cashless future” in an Op-Ed that calls notes and coins “dirty, dangerous, unwieldy, and expensive.” You probably never thought of your cash that way, but increasingly, authorities and the powers that be seem determined to lay the groundwork for the abolition […]

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Capital Controls Are Coming

By David Icke Posted on January 21, 2016 Posted in Aggregated No Comments Tagged with banks, capital controls, theft

‘The carnage always comes by surprise, often on an otherwise ordinary Saturday morning… The government declares a surprise bank holiday. It shuts all the banks. It imposes capital controls to stop citizens from taking their money out of the country. Cash-sniffing dogs, which make drug-sniffing dogs look friendly, show up at airports. At that point, […]

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Get Ready For Crazy

By David Icke Posted on November 14, 2015 Posted in Aggregated No Comments Tagged with banks, capital controls

‘At first glance, those of us who live in the First World may regard this sort of crazy seizure as typical Third World governmental behaviour, but, in recent years, the First World has been changing. We’ve witnessed banks and governments confiscating depositors’ funds, increasing capital controls, and instituting asset forfeiture laws that have turned police […]

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Greek Cash Ban Escalates: ‘Permanent’ Stricter ‘Capital Controls’ On Three Million Pensioners and Civil Servants Imposed

By David Icke Posted on October 13, 2015 Posted in Aggregated No Comments Tagged with capital controls, greece

‘In a stunning move towards the elites’ endgame of ‘banning cash’, Greek authorities unveiled stricter capital controls for civil servants and pensioners this weekend. By drastically limiting cash withdrawals and forcing the more ‘controllable’ compulsory use of plastic money, Greek authorities hope to stop tax evasion through the use of ‘fake cash registers’. As KeepTakingGreece.com […]

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People who live in France will not be allowed to make payments of more than 1,000 euros in cash, down from 3,000 now. – France steps up monitoring of cash payments to fight ‘low-cost terrorism’

By David Icke Posted on September 30, 2015 Posted in Aggregated No Comments Tagged with capital controls, france, Terrorism

Terrorism is just an excuse, they want to monitor every transactions to fight tax dodgers and wage the war on cash, but only for the pleb. Politicians and other elite can still hide their money off shore. Read more: People who live in France will not be allowed to make payments of more than 1,000 euros […]

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Greece relaxes capital controls, as talks on third €86bn bailout start in Athens

By ickonic Posted on July 28, 2015 Posted in Aggregated No Comments Tagged with austerity, bailouts, banks, capital controls, greece

‘The Athens Stock Exchange is expected to open on Tuesday after a three-week timeout, as a mission of creditors arrived in Athens to hold talks over the Greek three-year financial aid plan. The Greek newspaper Kathimerini says the stock exchange will work with certain limitations imposed by the ECB, as it is worried about the […]

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Greek capital controls puts Athens zoo animals at risk of starvation

By ickonic Posted on July 24, 2015 Posted in Aggregated No Comments Tagged with capital controls, greece

‘The lives of the inhabitants of an Athens zoo are under threat, as capital controls imposed by the Greek government have hampered the supply of special imported dietary supplements needed to feed about 2,200 animals. The lives of dolphins, seals, penguins, lemurs, flamingos and giant anteaters are “endangered” by the recent misfortunes of the Greek […]

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The Greek Economy Is Finished. A Quarter Of Firms Shifting Abroad

By ickonic Posted on July 22, 2015 Posted in Aggregated No Comments Tagged with austerity, capital controls, greece

‘Capital controls imposed by the Greek government are taking a heavy toll on Greek businesses, according to a new report from Endeavour Greece. With over two-thirds of respondents reporting a “significant drop in revenues,” and 1 in 9 firms forced to suspend production due to shortages of raw materials (unable to buy due to capital […]

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Greeks Laugh As Bankers Implore Depositors Return Money – ‘Banks Are Trustworthy’

By ickonic Posted on July 22, 2015 Posted in Aggregated No Comments Tagged with banks, capital controls, greece

‘President of Greek Banks Association Louka Katseli appealed at the citizens to return their money to the banks. “Banks are absolutely trustworthy,” Katseli told Mega TV “as guaranteed by the ECB and the Bank Association, but they would have been even more powerful if 40 billion euros had not been withdrawn in the last months. […]

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Greece news: Greek banks reopen, but a hefty new sales tax – on everything from coffee to taxis to condoms – brings fresh confusion

By ickonic Posted on July 21, 2015 Posted in Aggregated No Comments Tagged with banks, capital controls, greece

‘Greek banks have opened for the first time in over three weeks – a move that the government hopes will help get the economy back to normal following a period dominated by fears over the country’s future in the euro. Strict controls on the amounts individuals can withdraw remain, however, and new austerity taxes demanded […]

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‘Heartbreaking’ Scene Unfolds At Greek Banks As Pensioners Clamor For Cash

By ickonic Posted on July 2, 2015 Posted in Aggregated No Comments Tagged with bailouts, banks, capital controls, greece, money, syriza

‘1,000 Greek bank branches chanced a stampede in order to open their doors to the country’s retirees on Wednesday. The scene was somewhat chaotic as pensioners formed long lines and the country’s elderly attempted to squeeze through the doors in order to access pension payments. As Bloomberg reports, payouts were rationed and disbursals were limited […]

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Meltdown as the shutters stay locked at Greek banks: Branches may stay shut until July 7th as ministers draw up plan for capital controls

By ickonic Posted on June 29, 2015 Posted in Aggregated No Comments Tagged with bank holiday, bank runs, capital controls, debt, eu, euro, greece

‘Greek banks have been ordered to shut their doors on Monday as desperate savers try to withdraw their cash before the country slides into total financial meltdown. Ministers in Greece’s far-Left government were drawing up plans on Sunday night to impose ‘capital controls’, but it was reported that banks could be closed until July 7 […]

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Meltdown as the shutters stay locked at Greek banks: Branches may stay shut until July 7th as ministers draw up plan for capital controls

By ickonic Posted on June 29, 2015 Posted in Aggregated No Comments Tagged with bank holiday, bank runs, capital controls, debt, eu, euro, greece

‘Greek banks have been ordered to shut their doors on Monday as desperate savers try to withdraw their cash before the country slides into total financial meltdown. Ministers in Greece’s far-Left government were drawing up plans on Sunday night to impose ‘capital controls’, but it was reported that banks could be closed until July 7 […]

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Greek bank run… REPORT: Deposit outflows on Tuesday alone came to 300 million euros, against about 100 million euros per day in recent days … outflows reached €5 bln in April

By David Icke Posted on May 29, 2015 Posted in Aggregated No Comments Tagged with bank run, capital controls, greece

‘No surprises are expected in Wednesday’s meeting of the European Central Bank’s executive council on the Greek credit sector, as Frankfurt examines the liquidity conditions of domestic lenders and the renewal of the emergency liquidity […]