https://www.google.com.au/imgres?imgurl=http://media.istockphoto.com/vectors/european-union-flags-eu-flags-flags-vector-flag-icons-flag-vectorid538124601&imgrefurl=http://www.istockphoto.com/vector/european-union-flags-eu-flags-flags-vector-flag-icons-flag-gm538124601-58034350&h=1024&w=761&tbnid=4AmOsvvD9d9hpM:&tbnh=260&tbnw=193&usg=__Z_EyjGTwFbYZLVndYg-wWtE298U%3D&vet=1&docid=f6rlD20sJfXSfM
*Image via Google search image istockphoto.com
https://news.bitcoin.com/european-union-proposes-account-freezes-to-protect-failing-banks/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
*News source by @news.bitcoin.com
What could this mean for the rest of the World's Banking and Financial institutions?
• Setting up a precedence that would allow other (Banks) to take the same measurabilities.
• A Greece vol 2.0 like Austerity measures on a Global Scale.
• Potential to Restrict access to Funds even when you are out of the European Union sector...just like how/what happened to Indian population when the Indian Government suddenly decreed that all their 500Rupee and 1000Rupee was Null & Void
• Reduced trade in both the Export and Import sectors = HYPERINFLATIONARY EFFECTS to the €uro...just like to the #Venezuelan-Bolivars
• the Capitulation of the European Union's Bond Market system & The Implosion of the Derivative Market
• rise in the demand for Transactable Monetary assets like #Gold #SILVER & #Cryptocurrency
Summary :- Global Financial NUCLEAR MELTDOWN within 2 months of this taking effect.
be prepared and be your own Central Bank to avoid being financially capitulate