There are rumors that Greece will default to the IMF, nationalise the country’s banking system and introduce a parallel currency. [Link»]
If this will happen, Greece will have to introduce some sort of currency regulations – to stop a bank run, to stop money from floating out of the country and to uphold the value of the new, parallel currency.
This can not be done without coercion and control.
So, I guess Greece might not only end up being bankrupt – but also becoming something of a neo-socialist totalitarian society.
The thing to follow closely is how currency regulations (and nationalisation) will be enforced – as this has never been tried at this level in a society with modern mass surveillance capabilities.
At the same time other countries, e.g. France, are introducing ever tighter regulations and controls when it comes to cash and international money transfers. So there is surely a new European “market” for financial mass surveillance.
From the EU there are indications of a coming EU database for surveillance and analysis of all European bank transfers. (According to the 2009-14 European Commission.)
So, I guess the next big battle on surveillance and government control will be about money. Your money.
Our governments simply do not trust people with their own money.
/ HAX
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