Wednesday, September 20, 2006

Commerce lockdown

"For any transaction above as little as Rs50,000
[$1,100], Indian banks ask for a host of documents
these days, ranging from proof of residence to
income-tax clearance certificates and even
reference documents to ascertain that my supplier
in Egypt, because he is from a Muslim country, is a
legitimate dealer of marble," said Santosh Rathi,
who imports marble from Cairo. "Even a money
transfer for a simple thing like rent payment
through the banking channels requires reams of

Until the fateful day of September 11, 2001, moving
money abroad or within was easy.
The Psychopaths have won. Physical Dark Age to
follow this insanity.

Do you have your plot of ground picked out? Your
donkey? Your wooden hoe and pitchfork?

But, where there's a will, there's illegal. Most people
won't bother.

Full article.

Fred Reed's related experience to follow...