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BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed

 
Anonymous Coward
User ID: 975132
Australia
05/25/2010 09:26 AM
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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
.... A civilized Western European nation, ....


.
I highly doubt that
.


Also South Korea for me is not a civilized country.

Long life to Kim Jong Il
5a
 Quoting: Turin


Asian "civilisation" is a joke relative to Europe.
Anonymous Coward
User ID: 981134
Portugal
05/25/2010 09:27 AM
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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
Well, I guess people will start to pay in two or more transfers instead of just one for a lot of things.
€5000 is not much, not really. Specially for those who work in the "spectacle" business. Those amounts run by my hands weekly, more than once per week normally.
Punk A$$ets

User ID: 956533
United States
05/25/2010 09:37 AM

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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
Well, I guess people will start to pay in two or more transfers instead of just one for a lot of things.
€5000 is not much, not really. Specially for those who work in the "spectacle" business. Those amounts run by my hands weekly, more than once per week normally.
 Quoting: Anonymous Coward 981134

No this is definitely not much money, thats what is surprising to me.
Gold Prices:

12/31/2000 - $273
12/31/2005 – $516
12/31/2010 - $1,421
12/31/2011 - $1,566
12/31/2012 - $1,676
12/31/2013 - $1,204

Looking for $900/$1100 for gold to bottom. $14-$16 for silver.
Windsage4nli
User ID: 971910
United States
05/25/2010 09:37 AM
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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
.... A civilized Western European nation, ....

***********
.
I highly doubt that
.
 Quoting: Anonymous Coward 928496


Have you ever even been there?

Tard.... s226
Anonymous Coward
User ID: 154004
Italy
05/25/2010 09:40 AM
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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
my personal 100 % italian bsflag for this

This stuff is simply false. Mr. Mafia - Camorra - P2 Masonic Lodge Commander in chief Berlusconi won't do this. BTW, in you go to the bank here and ask for 5.000 - 10.000 euros cash from your bank account the fuckers in the bank will tell you to come back in a couple of days. Then they give you the money. The bastards just don't have prompt cash.
 Quoting: Anonymous Coward 980779



That's not BS, well it is but not in the sense that is not true, it's part of the "package" 5000 euro max per transaction... they keep lovering the amount over the years, seems like Tremonti has lost his mind, he was saying that all was well just a couple months ago. Now he discovered he need to cut 26 Billions.

Most of the work now is black how many illegals in this country you think pay taxes? not even the legal immgrant most of the time do and send the money out of the country aswell, in the end it's always the one who have a fixed salary that pay for all the problems, that 10% cut on pay over 75k it's ridiculous, most of the politicians are also opposing the cut on their salary, these assholes are good only to impose more hardship to the common peoples who live on average 1500 Euro month.
Anonymous Coward
User ID: 981157
United States
05/25/2010 09:52 AM
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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
I will tell u the future... rember this words in the next 12 months:

Mr. Berlusconi wants to bring Italy out of the eurozone, devalue currency and create a "Lira 2". This project is functional to enter the orbit of Russian influence: in fact since this project has in mind the power of U.S. & Israel tries to stop him by any means.

Doubt my words? Go and see the latest Italian energy deals, the statements Bertolaso and especially look at the flag jacket Berlusconi ....


[link to www.intellezione.com]

LupoLuponis
 Quoting: lupoluponis 981048


Your link doesnt work... thanks
Anonymous Coward
User ID: 154004
Italy
05/25/2010 09:53 AM
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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed





Believe it or not it has nothing to do with "European Austerity Package" and has everything to do with Italy being broke !!!

Totally broke !!!!!!!!!!!!!!
 Quoting: Anonymous Coward 980826



No, this has everything to do with the finance being able to TRACE what you buy and from that see if you pay your taxes, es. peoples who declare a few thousands euros of income and then buy a car that cost 50k that is what is all about.

So with this now you are pretty much also obliged to have a banking account since checks or bank transaction will be the only way to buy anything that is higer than 5k.

Is that a good thing no is not, but in the end it doent concern me, maybe it's problem for some rich tax evading asshole.
Anonymous Coward
User ID: 684320
United States
05/25/2010 10:10 AM
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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
who the hell transacts 5000 dollars at any 1 time?

fukn el.
 Quoting: Anonymous Coward 978949



I do all the time.
Anonymous Coward
User ID: 974192
United States
05/25/2010 10:15 AM
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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
my personal 100 % italian bsflag for this

This stuff is simply false. Mr. Mafia - Camorra - P2 Masonic Lodge Commander in chief Berlusconi won't do this. BTW, in you go to the bank here and ask for 5.000 - 10.000 euros cash from your bank account the fuckers in the bank will tell you to come back in a couple of days. Then they give you the money. The bastards just don't have prompt cash.



That's not BS, well it is but not in the sense that is not true, it's part of the "package" 5000 euro max per transaction... they keep lovering the amount over the years, seems like Tremonti has lost his mind, he was saying that all was well just a couple months ago. Now he discovered he need to cut 26 Billions.

Most of the work now is black how many illegals in this country you think pay taxes? not even the legal immgrant most of the time do and send the money out of the country aswell, in the end it's always the one who have a fixed salary that pay for all the problems, that 10% cut on pay over 75k it's ridiculous, most of the politicians are also opposing the cut on their salary, these assholes are good only to impose more hardship to the common peoples who live on average 1500 Euro month.
 Quoting: Anonymous Coward 154004



+1 Very succint, excellent summary.

May i add, the SOUTHERN Italians will just ignore this tyranny. They have survived mega gov't, dictators, Caliphs, etc...they will continue NOT to pay taxes, BARTER and find loopholes around it. They will survive. But yes, i feel for the small cramped family in a 1 bedroom in Rome, Milan, etc... who are bound to this nonsense.
Anonymous Coward
User ID: 981224
Italy
05/25/2010 11:06 AM
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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
No, this has everything to do with the finance being able to TRACE what you buy and from that see if you pay your taxes, es. peoples who declare a few thousands euros of income and then buy a car that cost 50k that is what is all about.

So with this now you are pretty much also obliged to have a banking account since checks or bank transaction will be the only way to buy anything that is higer than 5k.

Is that a good thing no is not, but in the end it doent concern me, maybe it's problem for some rich tax evading asshole.
 Quoting: Anonymous Coward 154004


I agree, your conclusions seem reasonable.
Anonymous Coward
User ID: 943007
United States
05/25/2010 11:12 AM
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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
who the hell transacts 5000 dollars at any 1 time?

fukn el.
 Quoting: Anonymous Coward 978949


Buying a car? buying a house? paying for college? The list goes on with what things cost more than 5000 that people need
anonymous coward in switzerlan
User ID: 981397
Switzerland
05/25/2010 03:31 PM
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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
the reason your kind were shipped to oz and your comment lacks true insight to where you are actually from crimmie
i am sure this will really work.
all italians are great respecters of the law.
 Quoting: Anonymous Coward 980484
bed
Netizen Ribbonmind

User ID: 960117
United States
05/25/2010 03:35 PM

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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
Adds more screw to the euro.
"The earth is mother of us all, for she is just; but you, because you are unjust have pretended that she is your mother alone; and if you do not stop, I will not permit you to remain upon her."

[link to www.livius.org]
Anonymous Coward
User ID: 914456
Panama
05/26/2010 12:59 AM
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Re: BRKG: Italy Banning Cash Transactions Over €5,000 As Latest European Austerity Package Revealed
Just bought another 10oz gold with cash no questions asked.

cool2
 Quoting: Anonymous Coward 974087


Then you got lucky.

Under FinCEN's anti-money laundering program places like casinos, pawnshops, Western Union, money order providers, dealerships, banks, brokers, and dealers in precious metals, precious stones, and jewelry are required by the U.S. Department of the Treasury to keep an eye out for large or suspicious cash transactions and report you.

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