For over 5 years i have been investigating the currency "euro" specially the production of it. Here in holland we have a company producing paper currency, called johan enschede. I worked at this company for a few years and i saw a lot of frustrating signs about the euro and the amount being produced.
First of all this company was already getting very old, without updating there machines, to many people with no purpose and to high salaries. Still we where producing very much, the orders where hugh.
We made around 500.000 billion notes of just 1 kind, and we produced for a lot of country's. Nowdays the company is going to close the production of these notes, and will only produce security stamps. Our clients, what is very interesting, are the national banking systems, they buy the money. i know the money prices, and its scary that even for those prices we cant compete anymore.
Bank pay for example for 1000 notes of 50 euro, 60 euro. Crazy Right.!! More crazy is this!!
Holland the state itself has to borrow this money from the national banks, just like the normal smaller banks. Thus, they get for example 1 million euro, with interest over it as a loan. they then have to pay the interest and pay back the complete amount of euros.
Meanwhile the cost for the bank to give out this loan is just, 1800 euro!!
If you do research beyond the walls, and you really don't need these inside info's for it, you will see how big this theater is we are living in.
In the world about 80% of all the currency producing company's are going broke or stop. There are also being build 2 massive factory's, if i remember right 1 in Sweden, other one i don't know.
I really hope i get everybody to think about this,
And lets focus our power on better world and end this suppression.
Thanks for the time,
Best wises
Slossie Gogem
It would be nice if you put some source-links in your post.
Accoording to my understanding, the most Euro's are printed in South Korea.
Mooie dag landgenoot :-)
i understand, you can google the company, and the history, i can only tell the inside info. If there was a source link it would be inside info right. Also i can tell you we only printed 50euro orders for 2 national banks, of 2 euro country's. Of course there are more company's printing, france is very big, and produce all the paper for all the euros.
Thanks for the reply thou.
important stuff.