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Europe Will Soon Impose Border Controls

Phoenix Capital Research's picture




 

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.

 

http://www.spiegel.de/international/europe/german-and-french-proposal-for-border-controls-endangers-european-unity-a-828815.html

 

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.

 

If you've yet to take action to prepare for this, we offer a FREE investment report called the Financial Crisis "Round Two" Survival Guide that outlines simple, easy to follow strategies you can use to not only protect your portfolio from it, but actually produce profits.

 

We made 1,000 copies available for FREE the general public.

 

As we write this, there are less than 50 left.

 

To pick up yours, swing by….

http://www.phoenixcapitalmarketing.com/roundtwo.html

 

Best Regards

 

Phoenix Capital Research

 

 

 

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Wed, 07/01/2015 - 02:23 | 6257132 Dre4dwolf
Dre4dwolf's picture

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

 

 

 

Tue, 06/30/2015 - 22:59 | 6256796 hannah
hannah's picture

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.

Tue, 06/30/2015 - 21:49 | 6256626 Vendetta
Vendetta's picture

" the Powers That Be are only too happy to let the rule of law will go out the window."  that's already happened.

Tue, 06/30/2015 - 21:28 | 6256568 Niall Of The Ni...
Niall Of The Nine Hostages's picture

No such luck. When the PTB finally get serious about securing national borders, it'll be to keep people in, not out.

Tue, 06/30/2015 - 21:12 | 6256515 Vigilante
Vigilante's picture

The border controls are to prevent Greeks fleeing a total collapse back home...

The 'cash' theory is total bs and a fig-leaf.

Tue, 06/30/2015 - 20:37 | 6256386 frontierland
frontierland's picture

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.

Tue, 06/30/2015 - 22:32 | 6256729 NoPension
NoPension's picture

There will be a tipping point. I hope those " migrants" didn't burn their boats. I hear they don't swim too well.

Tue, 06/30/2015 - 17:58 | 6255790 ramgold2206
ramgold2206's picture

shit on a stick... if people arnt in physical gold at this stage.. they need their head examined

 

www.teamramgold.com

Tue, 06/30/2015 - 18:01 | 6255795 Model T
Model T's picture

Phoenix Capital Research----The Comic Relief on Zero Hedge.

Tue, 06/30/2015 - 17:50 | 6255760 Crocodile
Crocodile's picture

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.

Tue, 06/30/2015 - 19:27 | 6256120 willwork4food
willwork4food's picture

Damn goats.

Tue, 06/30/2015 - 16:10 | 6255379 rsnoble
rsnoble's picture

I wish the US had border controls.  On ALL 4 sides.

Tue, 06/30/2015 - 17:57 | 6255785 falconflight
falconflight's picture

Yeah, but you can't trust Maryland or N. Va. ;0

Tue, 06/30/2015 - 18:24 | 6255854 Handful of Dust
Handful of Dust's picture

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.

Tue, 06/30/2015 - 20:55 | 6256458 Bay Area Guy
Bay Area Guy's picture

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.

Tue, 06/30/2015 - 22:29 | 6256716 NoPension
NoPension's picture

They're fucked.

Tue, 06/30/2015 - 17:56 | 6255777 Model T
Model T's picture

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.

Tue, 06/30/2015 - 14:13 | 6254956 disabledvet
disabledvet's picture

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...

Tue, 06/30/2015 - 17:59 | 6255791 falconflight
falconflight's picture

Governments (Let's be direct, politicians) aren't afraid of banks, they are the best of friends.

Tue, 06/30/2015 - 18:08 | 6255812 Model T
Model T's picture

Let's be really direct; the poster is a moron.

Tue, 06/30/2015 - 17:58 | 6255786 Model T
Model T's picture

I'm so glad it's not a form of "capitoa controls"--- I just hate those. 

Tue, 06/30/2015 - 13:52 | 6254860 fowlerja
fowlerja's picture

Wait a minute...there were less than 50 copies left a week ago...seems like business must be slow..

Tue, 06/30/2015 - 14:05 | 6254911 are we there yet
are we there yet's picture

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.

Tue, 06/30/2015 - 12:01 | 6254312 Sandmann
Sandmann's picture

Schengen did NOT render all 26 EU states borderless. In fact 6 of the 28 States have border controls and 22 do not.

Tue, 06/30/2015 - 11:26 | 6254179 Noisy Angel
Noisy Angel's picture

"temporarily" :D

Tue, 06/30/2015 - 11:47 | 6254167 fukidontknow
fukidontknow's picture

I've been training a litter of poodle pups to sniff out cash - who's laughing now nosy neighbours?

Tue, 06/30/2015 - 11:15 | 6254132 KnuckleDragger-X
KnuckleDragger-X's picture

Tsk, they aren't even trying for a subtle approach......

Tue, 06/30/2015 - 11:35 | 6254216 August
August's picture

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!

Tue, 06/30/2015 - 17:59 | 6255794 Model T
Model T's picture

Way to go !! Shows there's a place for private enterprise, after all !

Tue, 06/30/2015 - 14:00 | 6254899 PTR
PTR's picture

Who paid you the six dollars and what was involved to earn it?

Tue, 06/30/2015 - 13:25 | 6254717 RaceToTheBottom
RaceToTheBottom's picture

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!

Tue, 06/30/2015 - 11:52 | 6254273 fukidontknow
fukidontknow's picture

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.

Tue, 06/30/2015 - 12:06 | 6254341 bluskyes
bluskyes's picture

It's a group rate.

Tue, 06/30/2015 - 13:31 | 6254743 Colonel Klink
Colonel Klink's picture

All of Europe in other words?

Tue, 06/30/2015 - 18:12 | 6255828 Model T
Model T's picture

Surely, mein Oberst, when you say "all of Europe", you mean "Greater G ermany"-- Heil !

Tue, 06/30/2015 - 14:28 | 6255000 ZerOhead
ZerOhead's picture

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.

Tue, 06/30/2015 - 19:25 | 6256116 willwork4food
willwork4food's picture

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.

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