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Europe Will Soon Impose Border Controls
Europe is imposing capital controls… next up will be border controls.
How do we know? Because they already suggested this before.
Back in March of 2012, when the EU Crisis first began to spin out of control, then Prime Minister of France Nicolas Sarkozy openly called for the renegotiation of the Schengen Treaty: the treaty that established the 26-nation EU as a “borderless” entity in which individuals could move from one country to another with little difficulty and which also made trade among EU members easier.
France was not alone either. A few months later, both France and Germany proposed imposing border controls in June of that same year.
A Vote of No Confidence in Europe
Germany and France's joint proposal to allow Schengen-zone countries to temporarily reintroduce border controls as a means of last resort might sound harmless. But doing so would damage one of the strongest symbols of European unity and perhaps even contribute to the EU's demise.
Germany and France are serious this time. During next week's meeting of European Union interior ministers, the two countries plan to start a discussion about reintroducing national border controls within the Schengen zone. According to the German daily Süddeutsche Zeitung, German Interior Minister Hans-Peter Friedrich and his French counterpart, Claude Guéant, have formulated a letter to their colleagues in which they call for governments to once again be allowed to control their borders as "an ultima ratio" -- that is, measure of last resort -- "and for a limited period of time." They reportedly go on to recommend 30-days for the period.
Why border controls? Well in truth, it was all about the money… specifically, physical cash. As we’ve noted before… with the vast majority of the global financial system based on digital money… the minute a significant number of depositors try to move their money OUT of a bank and INTO physical cash, the whole system can collapse.
Again, Europe was ahead of the US in terms of proposing these terms. The below article dated from 2012 outlines the plan to limit cash withdrawals, shut down ATMs, and impose border controls to stop people from fleeing with their capital.
Exclusive: EU floats worst-case plans for Greek euro exit: sources
European finance officials have discussed as a worst-case scenario limiting the size of withdrawals from ATM machines, imposing border checks and introducing capital controls in at least Greece should Athens decide to leave the euro…
As well as limiting cash withdrawals and imposing capital controls, they have discussed the possibility of suspending the Schengen agreement, which allows for visa-free travel among 26 countries, including most of the European Union.
http://money.msn.com/business-news/article.aspx?feed=OBR&date=20120611&id=15208663
What are the key takeaways from this?
1) When the next crisis hits, the Powers That Be are only too happy to let the rule of law will go out the window.
2) The biggest problem they face is STOPPING people from moving their money into physical cash.
3) To stop #2, capital controls, border controls, and even a CARRY taxes (read here for more on this) will be imposed.
The next round of the great crisis is approaching. 2008 was A Crisis… what’s begun is THE Crisis.
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GOOD GREECE DOESNT WANT THAT NORTHERN FILTH COMING IN ANYWAY ^^ . . .
Seriously though, Greece is the cleanest, most beautiful spot in Europe, it really is THEIR LOSS, the rest of Europe is a polluted banker run cesspool.
Greece
http://foundtheworld.com/wp-content/uploads/2014/11/Santorini-Greece-1.jpg
Europe
https://upload.wikimedia.org/wikipedia/commons/d/db/Dharavi_Slum.jpg
the majority of people wont have cash. they will shut the borders to keep the rifraf from fleeing to a new country to suck up the free shit.
" the Powers That Be are only too happy to let the rule of law will go out the window." that's already happened.
No such luck. When the PTB finally get serious about securing national borders, it'll be to keep people in, not out.
The border controls are to prevent Greeks fleeing a total collapse back home...
The 'cash' theory is total bs and a fig-leaf.
I'll beleive it when I see it.
This speculation flies in the face of their Multicultural Utopia agenda and their assertion that White Europans will be blended out of existence into a Euro-negroid race resembling that of Ancient Egypt upon which the global corporate mono-culture can be superimposed.
When they start bombing the African immigrant boats out of the water, then I might believe it.
There will be a tipping point. I hope those " migrants" didn't burn their boats. I hear they don't swim too well.
shit on a stick... if people arnt in physical gold at this stage.. they need their head examined
www.teamramgold.com
Phoenix Capital Research----The Comic Relief on Zero Hedge.
Think of border controls as a range war where you put up fences to keep "your cattle" from commingling with your neighbors cattle. The Cattlemen are the Central Planners. Think of an open border (i.e. Mexico & US) as a way to piss off the cattle by allowing goats to graze on your pasture.
Damn goats.
I wish the US had border controls. On ALL 4 sides.
Yeah, but you can't trust Maryland or N. Va. ;0
Border controls are a little late but I guess better late then never. How are they going to control the floor of refugees from North Africa and the ME? And there's millions more of them at the gates right now.
I was recently in Naples (Italy, not Florida) and let me tell you, they're more than a little late on border control. A good 90% of the people in the area immediately outside the main train station were Central Africans. Them gates you're talking about are wide open.
They're fucked.
Of course. All rational Nations have border controls. But the Corporate Chieftains who own Mr. Oblahblah, our Kenyan-Indonesian "Presdent"- want an in-flux of poverty stciken basket cases from Latin America to flow into the US in order to make sure t hat the Supply / Demand ratio for labour guarantees that no legal citizens will ever get a raise in their pay; which would come out of their Corporate Profits; and so it must be; and so it is; because you do have owners, you know. And you elected their bought and paid for representative; twice.
Limiting cash withdrawals at the ATM is NOT I repeat NOT a form of "capitoa controls."
That's just pushing people into penniless penury.
Capital controls are when GOVERNMENTS are afraid of Banks and/or institutions are going to park all the people's money (meaning depositor's money, Bank capital) in some foreign place. So. there is a moratorium on Bank TRANSFERS not actual withdrawals do cash!
These are just a bunch of nuts in Athens.
Move along...
Governments (Let's be direct, politicians) aren't afraid of banks, they are the best of friends.
Let's be really direct; the poster is a moron.
I'm so glad it's not a form of "capitoa controls"--- I just hate those.
Wait a minute...there were less than 50 copies left a week ago...seems like business must be slow..
Is this another report telling of another way to make a fortue working at home while on your toilet?
ZH needs fewer of those reports.
Schengen did NOT render all 26 EU states borderless. In fact 6 of the 28 States have border controls and 22 do not.
"temporarily" :D
I've been training a litter of poodle pups to sniff out cash - who's laughing now nosy neighbours?
Tsk, they aren't even trying for a subtle approach......
Act fast. Those last 50 free reports are going like hotcakes. I got mine last week, and already I've made $10,396 by only working four hours, from home!
Way to go !! Shows there's a place for private enterprise, after all !
Who paid you the six dollars and what was involved to earn it?
Any firm that restricts a digital copy has other things on its mind that promoting information and education.
Sleazebag MBA's need to stop wrecking the fucking world. Every fucking thing in the world does not need to be a profit center!
Gosh seems an awful lot to pay for ass sex with a fat frauchen - good on ya here in NZ you'd be lucky to get $500.
It's a group rate.
All of Europe in other words?
Surely, mein Oberst, when you say "all of Europe", you mean "Greater G ermany"-- Heil !
If I were Greek I'd be seriously thinking of moving to Germany France or England right about now. Same if I were Spainish, Portuguese, Italian or eastern European.
Too many immigrants from any country when jobs and social benefits are disappearing fast to pay the banker for the money they create out of thin air will eventually lead to social unrest against the government.
They don't want that. Hence the need for re-establishing borders.
If I were Greek I'd seriously think about moving to Russia or Canada. I would not wish to be around the EU when the shit starts hitting the fan-they will be anathama to them.