Welcome to Sweden where banks have no cash

[singular_me]

the once socialistic model everybody dreamed of is leading the charge again
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Welcome to Sweden where banks have no cash and deposits are shunned
28th December 2015

‘Sweden is winning the war on cash and not everyone’s happy. According to this dinosaur media report more than half of Sweden’s biggest banks have no cash in their vaults, nor are cash deposits accepted. Cash Machines (ATM’s) are disappearing at an alarming rate especially in rural areas. Churches are projecting bank account numbers across large screens as worshipers tithe through an app. This is Sweden, the global model for a cashless society.

Few places are tilting toward a cashless future as quickly as Sweden, which has become hooked on the convenience of paying by app and plastic.

This tech-forward country, home to the music streaming service Spotify and the maker of the Candy Crush mobile games, has been lured by the innovations that make digital payments easier. It is also a practical matter, as many of the country’s banks no longer accept or dispense cash.’

more/hyperlinks
http://thomasdishaw.com/welcome-sweden-banks-no-cash-deposits-shunned/
http://www.universityherald.com/articles/26639/20151128/sweden-may-soon-be-the-worlds-first-cashless-nation.htm
http://www.santafenewmexican.com/news/where-even-banks-don-t-accept-cash-anymore/article_2d85fc2a-cbb5-539a-9167-3817da58fbc0.html

[singular_me]

willing to bet that by the end of 2016, we will see this in the US

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The Cashless Society Cometh: European Nations Such As Sweden And Denmark Are ‘Eradicating Cash’
29th December 2015

Did you know that 95 percent of all retail sales in Sweden are cashless? And did you know that the government of Denmark has a stated goal of “eradicating cash” by the year 2030? All over the world, we are seeing a relentless march toward a cashless society, and nowhere is this more true than in northern Europe. In Sweden, hundreds of bank branches no longer accept or dispense cash, and thousands of ATM machines have been permanently removed. At this point, bills and coins only account for just 2 percent of the Swedish economy, and many stores no longer take cash at all. The notion of a truly “cashless society” was once considered to be science fiction, but now we are being told that it is “inevitable”, and authorities insist that it will enable them to thwart criminals, terrorists, drug runners, money launderers and tax evaders. But what will we give up in the process?

In Sweden, the transition to a cashless society is being enthusiastically embraced. The following is an excerpt from a New York Times article that was published on Saturday…

http://theeconomiccollapseblog.com/archives/the-cashless-society-cometh-european-nations-such-as-sweden-and-denmark-are-eradicating-cash

[Blink]

If the transition to cashless is being enthusiastically embraced (by politicians/bankers) in the bottom of one statement, then how does the top statement make sense that "not everyone is happy". Where do they get these stats much less these leading articles written by shills? Its a mandatory transition whether we like it or not. Sweden bent over for refugees and their country is becoming a cesspool and while they are distracted by this rather large distraction, the bankers and politicos have decided to get rid of cash. How convenient......

[Horn]

That topped with negative interest rates and new carbon movement taxes for monies in the system sounds pretty appealing to bankers.

I'm sure, Greece is being duplicated across the planet.