Some of you might remember the recent scandal where #HSBC tried to impose cash withdraw limits on their accounts:
Well it turns out that was just a trial balloon, to see how the public might react to withdraw limits being public knowledge. Limits that are already in place!
Let me tell you what my sources are telling me.
When the ECB announced their negative interest rates, I predicted there would have to be some form of capital controls to prevent people from emptying their accounts.