Spain Bans Cash Transactions Over 2,500 Euros ... Spain has outlawed the use of cash in business transactions in excess 2,500 euros in order to crack down on the black market and tax evaders. The motivations behind the push for digital currencies is exposed as Spain heads down the road of the Greeks in combating their sovereign debt crisis.
Life as we know it is taking a dramatic turn. This blog is an aggregation of various news sources relating to the US and World Economics and Politics. NO, this is not the end of the world, but rather a time when we should be preparing our families & our budgets for a good belt tightening. Get ready, here it comes:
Wednesday, May 9, 2012
Cash worthless in the post collapse world? Now it's illegal too!
AS Spain and the rest of the EU crashes, buying with cash will make you a criminal:
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