spreadsheet
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- Messages
- 138
With all this talk of sovereignty, EU/IMF bailouts and lots of people worried about their deposits, I feel like I should be doing something.
It's rare we can actually say for certain that something is about to happen but it seems almost certain there's a bailout coming. We're talking the next 10 weeks maybe even as early as next week.
So what should the man on the street do?
Personally, i've some money on deposit and while I don't think it's at risk, I'm getting a bit caught up with this growing fear to move some abroad or at least hoard cash. Self fulfilling I know, but this feels so similar to the lead up to the currency devaluation here in the 90's and I can't help thinking about Russia's default too! Somethings about to happen and when it does it will be too late.
So whats the feeling from the forum?
Move money?
Buy foreign currency?
Buy bank shares?
Stock up on beans?
Or just carry on regardless?
It's rare we can actually say for certain that something is about to happen but it seems almost certain there's a bailout coming. We're talking the next 10 weeks maybe even as early as next week.
So what should the man on the street do?
Personally, i've some money on deposit and while I don't think it's at risk, I'm getting a bit caught up with this growing fear to move some abroad or at least hoard cash. Self fulfilling I know, but this feels so similar to the lead up to the currency devaluation here in the 90's and I can't help thinking about Russia's default too! Somethings about to happen and when it does it will be too late.
So whats the feeling from the forum?
Move money?
Buy foreign currency?
Buy bank shares?
Stock up on beans?
Or just carry on regardless?