Spain Implements Currency Controls

Links:
https://www.armstrongeconomics.com/world-news/taxes/spain-limits-cash-withdrawals/

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Descriptions:
Well, it appears that Spain is the first of what will soon be several countries to implement the first stages of currency controls. In my last video, I mentioned how close it was to becoming a reality, but even I’m surprised that a bit over a week later, it became a reality. Of course, it’s just the initial stages, but already anything over 3000. Euros will need approval originating from Spain’s Government tax agency. Folks, this is your own money! If the sum exceeds 100,000. Then there is a 72-hour approval period. Just imagine the hoops they’ll be making you jump through. Again, this is to use YOUR OWN MONEY! With the digital Euro just around the corner, it won’t be long before all paper currency will be eliminated in all of Europe. Why, because their governments are flat broke. It’s the whole reason for wanting war with Russia. Better take some precautions, perhaps even vote with your feet. What’s soon going to be forced upon those who refuse to act isn’t painting a pretty picture. It’s going to be the third time around for Europe, and you have to, or at least you should be asking the following. What happened the last two times this took place? The second question just might be. Why will the outcome be any different this time around? Short answer. IT WON’T! Until next time. Barry in DR.

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