The central planners need to do a new five year plan.
“Directive 2024/1619”
Sounds like the start of ‘Directive 10-289’
We want all your assets within easy reach.
Quite interesting in light of this:
EU President Ursula von der Leyen says that people’s savings accounts are a problem. That she must put this money “to the service of European companies” She plans to supervise them Citizens of Europe, they’re now for your savings.
https://patriots.win/p/1ATV83BqDc/breaking—eu-president-ursula-vo/c/
The Euro socialists need access to more other people’s money.
The USA won’t be far behind. If democrats gain control of Congress and the Presidency the confiscation of private wealth will begin in earnest.
GET YOUR MONEY OUT! GET OUT NOW!
Go to the Caimans or Panama or the Dutch Antilles or wherever you have to go. Talk to lawyers there, get an anonymous shell corporation and push your assets into that. Above all DO NOT LET the greedy grasping EUrocrats get their grubby paws on your money. You know they are desperate to keep funding their socialism and your savings are the only pool of money left for them to steal from. Its only a short while until they start raiding your savings.
P.S. Remember when the Nazis made it illegal for German citizens to have foreign bank accounts? Gosh, why do you think they would do that?
Probably for the same reason they were such fans of gun control. Kinda like the current Yurp elites.
Probably for the same reason they imposed censorship and demanded full control over the media. Kinda like the current Yurp elites.
Just how much of our US taxpayer money has our Deep State been laundering to Europe over the decades?!
So, Mastercard and Visa are the answers
The holder of the offshore account is issued a card from a domestic branch of the offshore bank. Expenses charged to the card and domestic bank are handled internally between the domestic branch where the expenses occurred and the foreign branch that paid the debt.
Similarly, an off shore brokerage account manages investments and is also cash transactions with the offshore bank.
There may or maynot be a corporation involved
Critical thinking is neither taught, nor encouraged, by academia in the European Union.
Thus, you have clueless bureaucrats running the show.
you’ll own nothing and be happy
And I would point out that just about any large European city is far safer than an American one of comparable size: we rightly point out the stupidity of the Europeans admitting hordes of Third Worlders but don't see the parallels with our own failure to control our own black criminal class and the hordes of Latin American peasants in our cities. Both drive the crime rate, especially the violent crime rate, much higher than in Europe.
And when the AI bubble pops, as it surely will, what then? Nvidia is following Enron's lead in borrowing money against its own stock to finance purchases of its hardware.
The US, just like Europe, is heading towards a regulatory command economy, massive concentration of wealth and pauperization of its middle class, and massive political turmoil. They're ahead in the regulatory overkill, but we're ahead on the debt. Trump may have reduced the knots, but we're still on the Titanic heading towards the iceberg.
Bkmk
the article i read yesterday here said the opposite of what this article claims ...
what is ACTUALLY being proposed in the EU is to loosen capital and investment regulations to make private investment feasible, as well as lucrative because of newly proposed tax-advantaged private investment accounts ...
the problem is that current capital controls have provoked trillions of dollars to remain in low-interest savings accounts that the private owners as well as the banks in particular are not allowed to invest otherwise ... the idea is to make it desirable for both the savers and the banks to inject the cash into capital investments ...
EU is on the ropes economically, and turning to draconian control measures. And Carney wants to hitch his wagon to this dying mule…