It's time to plan for economic disaster

[sasguru]

Having thought and read all I can about what's happening, I believe that we are sitting on a bomb whose fuse has been lit. There is nothing anyone can realistically do to extinguish this fuse.
I really hope I am wrong but I think it is time to plan for the worst while hoping for the best.
Options are:
(1) Having loads of cash in non-European currency (but not Yen) and a non-European bank - I think US dollars are safe enough for the present.
(2) Gold, but you must make sure it's real gold and not gold options

That will do for now. I shall make it so.

[suityou01]

Having thought and read all I can about what's happening, I believe that we are sitting on a bomb whose fuse has been lit. There is nothing anyone can realistically do to extinguish this fuse.
I really hope I am wrong but I think it is time to plan for the worst while hoping for the best.
Options are:
(1) Having loads of cash in non-European currency (but not Yen) and a non-European bank - I think US dollars are safe enough for the present.
(2) Gold, but you must make sure it's real gold and not gold options

That will do for now. I shall make it so.

[MarillionFan]

Having thought and read all I can about what's happening, I believe that we are sitting on a bomb whose fuse has been lit. There is nothing anyone can realistically do to extinguish this fuse.
I really hope I am wrong but I think it is time to plan for the worst while hoping for the best.
Options are:
(1) Having loads of cash in non-European currency (but not Yen) and a non-European bank - I think US dollars are safe enough for the present.
(2) Gold, but you must make sure it's real gold and not gold options

That will do for now. I shall make it so.

Baked beans fella. You need to be buying up all the stocks of baked beans. Come the eventual nuclear war you'll be glad youve got them.

[DimPrawn]

Baked beans fella. You need to be buying up all the stocks of baked beans. Come the eventual nuclear war you'll be glad youve got them.

Unlike the person you are sharing the shelter with.

[AtW]

I think US dollars are safe enough for the present.

So US is not sitting on a bomb then?

[MrRobin]

Why not Yen?

Sorry, being an idiot.. thought you mean yuan

[DimPrawn]

So US is not sitting on a bomb then?

Nope. But they might drop a few if the Chinese stop buying more US debt.

[TimberWolf]

Beans, vitamins, flour, cereal, dried milk, iodine, ak47.

Most canned goods are okay as they've already been cooked. Rice might be a PITA on the cooking front.

[Paddy]

Having thought and read all I can about what's happening, I believe that we are sitting on a bomb whose fuse has been lit. There is nothing anyone can realistically do to extinguish this fuse.
I really hope I am wrong but I think it is time to plan for the worst while hoping for the best.
Options are:
(1) Having loads of cash in non-European currency (but not Yen) and a non-European bank - I think US dollars are safe enough for the present.
(2) Gold, but you must make sure it's real gold and not gold options

That will do for now. I shall make it so.

There is plenty that can be done. The same amount of money that existed pre 2008 exists now. It is just that it is in different hands. Just like a game of monopoly one player has ended up with Park Lane, Mayfair and Oxford Street etc while the rest are having to mortgage Old Kent Road.

What needs to be done is that governments should be doing what the electorate wants and not what the banks and corporate want.

[AtW]

Nope. But they might drop a few if the Chinese stop buying more US debt.

If War on Terror cost $1 trln trying to deal with countries barely found on the map, just how much $$$ will US need to print to afford war with China?

Just imagine China introduces embargo on sales of any goods to Western countries...