I suppose there would be some kind of stigma to cannibalism.
Posted on 08/24/2015 10:52:45 AM PDT by Kartographer
“Advice on the looming crash, No.1: get hard cash in a safe place now; don't assume banks & cashpoints will be open, or bank cards will work,” he tweeted.
“Crash advice No.2: do you have enough bottled water, tinned goods & other essentials at home to live a month indoors? If not, get shopping.
“Crash advice No.3: agree a rally point with your loved ones in case transport and communication gets cut off; somewhere you can all head to.”
(Excerpt) Read more at independent.co.uk ...
ditto.
Depending on where you are and your circumstances, a stock market crash is a disaster, just another day, or a benefit.
For most rural folks, just another day.
I might be a disaster for some folks in NYC and Chicago, but they should realize crashes are part of the game they are playing.
In before the “You’re All Crazies!....
...oops, too late.
Ask Dennis Hastert how keeping under 10k in daily withdrawals worked for him.
That’s what they charged him with, structuring, or, intentionally withdrawing in a manner to avoid triggering reporting.
Generally, there are good ideas here. It's generally a good idea to have a full tank of gas in the car, have a good stock of water, have some food in the house, have more cash available than what change is stuck under the couch cushions, and so on.
No prepping here....that's just good, smart advice. Since it's hurricane season, now, I'm all over it. Then, in a few months, it will be ice storm-season, and I'll be all over it, again (actually, I'll still have the same state of readiness....).
But, is the world going to end because the market dropped a double handful of percentage points? Unlikely. Certainly, no more likely than it was the last half-dozen or more times stocks have had a correction in the past 20 years.
Man, gloom-and-doomers will grab at any excuse to come out of the woodwork, won't they? Call me when the market has dropped by half. Then, I'll start to get nervous.
A friend called me today all flustered and asked if I was watching the market. I said no. She then proceeded informing me of what is going on. After I listened to her (extremely patiently and trying not to yawn), I asked her how Vegas, Atlantic city and the Lottery were doing. Was she watching the happenings there? She was now confused. I explained to her that The NYSE is no different than gambling. It’s just a different way of getting rich or poor faster.
I have more important things to worry about...like my cat being terrified of the new dog in the house who is in heat. The dog, not the house.
Visited my branch bank last week to get my son added as signator on my checking account so had to meet with one of the employees. Only one available is from Pakistan. She pulled my accounts up on the screen and said she noticed I had been taking $1,000 a month out in cash for some time and wondered if the bank could provide some investment assistance. I just said no thank you, we concluded our business and left.
When I went this weekend to pull out this month’s $1,000, all that was available in the ATM were $100 bills which I thought was interesting. Always been able to get $10 and $20 bills before. When I called the bank this morning and questioned the absence of $10’s and $20’s was told that they had a new policy at their branch and if I wanted anything other than $100’s, since I had requested a withdrawal exceeding $80, I would need to come in, fill out a withdrawal form and see a teller. I do believe our bank is owned by Spain.
Wasn’t it wonderful that obama got elected and that people didn’t have to worry about paying their rent or car payments anymore?
I wonder how that’s working out for them now?
ROFL Wouldn’t be safe to run to the nearest Shopping Mall? =)
I really AM completely screwed.
“I really AM completely screwed”.
Laz, you’re so completely screwed you won’t even notice when SHTF. LOL
I suppose there would be some kind of stigma to cannibalism.
Uh, I don’t think those folks have 401k’s.
He had other problems.
Hastert was caught structuring /trying to conceal illegal payoffs. It is legal to take funds out that are yours for legal use or to just pile up. The reason I suggested under 10K was to avoid paperwork.
I would check the bank out by going to Bauer. Bauer rates banks and has a 1-5 star rating. I have left all banks rated under 4 stars. I hope Bauer helps you.
You know I had one stupid idiot say that to me the other day. I told him he should not come here with that intention. He scoffed.
Oh well.
Right, the Fed has spent all it's 'bullets' as have all the other similar. There is nothing to prevent a total meltdown.
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