Market Talk – July 26, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 202.10 points or -0.53% to 37,667.41 Shanghai increased 4.16 points or 0.14% to 2,890.90 Hang [...]
The Hunt for Money – No Amount is Too Small
COMMENT:
You may already know this but in case you don’t: this is a prime example of the ‘war on cash’.:
Yesterday I walked into my sisters bank (Santander) in the local town in England, a quite affluent town not somewhere deprived. I handed over and politely asked to deposit a mere £200 (that’s two hundred) and I was told: ‘You cant do that anymore because of government regulations, you cant deposit cash into someone else’s bank account no matter how small.’ I was told it has been in place since last April!.
That should be a wake up call for a lot of people but most people don’t know, it hasn’t been discussed publicly anywhere at all, only bank employees seem to know about it.
How long before they do an India and get rid of popular notes overnight without telling anyone?
HO’N
REPLY: I tried to buy a cash card to send to a friend and was told I cannot do that. They would sell me a card only in my name. Governments are hunting cash on every level right down to the smallest amount. It is also ILLEGAL to mail cash in the United States.
Latest Posts
It’s a Recession Not a Depression
The government insists that the economy is fine, thriving perhaps, and has asked the public to pay no mind to their current financial situation. No one, aside from those living [...]
China turns Neutral?
Ukraine Foreign Minister Dmytro Kuleba and Chinese counterpart Wang Yi in Guangzhou met to discuss China’s position on the Russia-Ukraine war. China stated it is “willing to play a constructive [...]
Never Trust the Secret Service since Elite Bodyguards have a History of Assassinating Heads of State?
I have reported how President Richard Nixon had threatened the head of the CIA, saying: “I know who killed JFK.” When he was driven out of office, Nixon refused the [...]
