What if some of the pundits are correct?
What if there is going to be a new Great Depression?
In the first credit crunch it was the banks that couldn't pay the money back to their creditiors so countries took over their debt for them and recapitalised them.
Now, howver, it is some countries who cannot pay those debts back.
Maybe the world isn't big enough, or doesn't have the will, to save them.
What then?
Do you have a nest egg tucked away?
Is it cash?
Is it in assets that would fall in value if the world economise collapsed?
Could you feed yourself and your family if the stock market and the housing market plunged in value and there were no jobs?
What if there is going to be a new Great Depression?
In the first credit crunch it was the banks that couldn't pay the money back to their creditiors so countries took over their debt for them and recapitalised them.
Now, howver, it is some countries who cannot pay those debts back.
Maybe the world isn't big enough, or doesn't have the will, to save them.
What then?
Do you have a nest egg tucked away?
Is it cash?
Is it in assets that would fall in value if the world economise collapsed?
Could you feed yourself and your family if the stock market and the housing market plunged in value and there were no jobs?
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