This is also why Western Union closed. In 2015 the reasons Fidelity gave for ending the Western Union franchise were "de-risking", "increased compliance cost" and "higher bank fees in various jurisdictions to process the receipts of its money". The longer these number houses operate the more negative impacts it will have.
The IMF is designed to lend more money to Nations than they can afford to pay back then impose heavy taxation. Nothing surprising here. Next step is bankruptcy then they come in and steal everything.
GodSpeed says...
A lot of crypto currencies are legit but this is a scam, stay away or lose your money.
On 80 Bahamians buy into crypto start-up
Posted 2 September 2018, 11:36 p.m. Suggest removal
GodSpeed says...
This is also why Western Union closed. In 2015 the reasons Fidelity gave for ending the Western Union franchise were "de-risking", "increased compliance cost" and "higher bank fees in various jurisdictions to process the receipts of its money". The longer these number houses operate the more negative impacts it will have.
On IMF: Bahamas bank fees rise up to 186%
Posted 3 October 2017, 11:12 p.m. Suggest removal
GodSpeed says...
The IMF is designed to lend more money to Nations than they can afford to pay back then impose heavy taxation. Nothing surprising here. Next step is bankruptcy then they come in and steal everything.
On Bahamas must have income tax, says IMF
Posted 14 September 2017, 2:58 p.m. Suggest removal