France Shutting Down Prepaid Debit Cards

ARMSTRONG ECONOMICS

 

France is using the terror attack as the excuse now to shut down pre-paid debt cards. Terrorists can circumvent any restriction. It is like gun control. Criminal do not buy guns at a store. Like drugs, they are readily available on the streets. Regulations only impact honest people just like debt cads or whatever. I sent a Xmas give to a friend in Germany last year and they thanked me but added please do not send me anything else. They have to go to customs, wait in in line, and then pay a tax to receive just a gift.