OT Savings

Rumours on the internet that both EU and UK governments considering raids on personal bank accounts (haircut). As per Cyprus a few years back.

Reply to
harry
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Best thing you can do with those is stop spreading them...

Reply to
John Rumm

+1.
Reply to
newshound

They are not worth the paper they are written on.

Reply to
nightjar

Well it has been said that people are preparing to remove savings and money. However if they do it will be the end of civilisation as crims will just burgle you ad take it all. I think what you are talking about is negative interest. What should happen is world trading on stock markets should stop, and prices from a given date frozen for all things. Yes businesses will have to make no dosh for a while, and I guess wages will be lowered, but this is a short term issue and every country for themselves seems to be the fastest path to anarchy I know of. Brian

Reply to
Brian Gaff (Sofa 2)

Not really, but there are other ways. Brian

Reply to
Brian Gaff (Sofa 2)

Yes I have made the counter argument, but we all know harry. Paranoi R Us is his latest venture. Whether it a raed on accounts or higher taxes, I think we all know who is going to pay, one way or the other, so stop belly aching about it. Brian

Reply to
Brian Gaff (Sofa 2)

Buy gold coins?

Reply to
harry

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