Government Can Freeze and Confiscate ‘Unexplained Wealth’ At Will, According to Newly Passed Rules in EU – Here’s How

[Wellington]

Happens all the time in the US, will happen in the UK/EU.

https://www.aclu.org/issues/criminal-law-reform/reforming-police/asset-forfeiture-abuse
Switzerland is a EU Vassal state now..... it's︂ in a worse position than the UK...

Hence the sanctions aspect, then the gross violation︃ of direct democracy (2018 not to bail out banks in the future).

 

[JackAlabama]

In regard of the UK im︁ puzzled.
Just recently I got notice by a crypto exchange which started to severely restrict︂ actions one can do there like no leverage, no lending and such. Seems UK goes︃ the way of the EU even faster.

 

[Martin Everson]

I agree. Having such power is wrong as it⁣ only takes one rogue government coming to power for it to be misused.

You got 1930's︀ Germany to serve as an example as to what it could turn into 😕.

https://www.smithsonianmag.com/hist...their-wealthmaking-it-easier-steal-180968894/

P.S People should think very carefully about the direction of the EU. History will repeat︁ itself and this time you maybe in the group affected politically, ideologically, socially or economically︂ etc.

 

[Martin Everson]

Guys I have had to delete some off topic post and replies to off topic‌ post. Please keep to topic thx hap¤#"

 

[Frank in Bangkok]

Banks ... the newest battlefield in the war of governments vs. the individual:

Source: https://www.naturalnews.com/2024-05-13-kyiv-to-block-draft-dodgers-bank-account.html

I'm beginning to⁢ think I really do not want a bank account.
At all.

And starting to wonder︀ how to get along without any bank account.
(Maybe impossible, but starting to wonder anyway.)︁

 

[JackAlabama]

bitcoin for wealth storage and⁤ you need access to a strong p2p network where you reside/travel.