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Millions of accounts disappeared in Paraguay—Sweden could be next
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It's smartest to keep cash at home. Just make sure you have the withdrawal receipt so the police can't claim it's money laundering or illicit funds.
Paraguay was ruled for 40 years by Alfredo Stroessner of the Colorado Party … Alfredo S. had German roots and was said to have been influenced by the German Nazi Party.
Anyway…Alfredo grew old and developed dementia, and his close friend staged a coup, after which Alfredo was granted asylum in Brazil, where he spent his final years. I suppose the coup leader made sure Alfredo had enough money to cover his living expenses and rent.
Hans E. is right. Things have gone too far with digital technology.
I pay with cash as much as possible.