Im 600 up since calling the FTSE a bloated cow and to be on par with Jo in January.
This is a crisis of regulation. The bankers were given charge of minding the monetary system and failed. For trust between people, between companies and between countries to be rebuilt the money system must be redesigned and governments will have to run it and oversee its institution.
We will have a cash crisis. Get some cash while you can. A few weeks worth. Just in case.
It will only take one major country to have a bank crisis and they ALL will. You won't have more than a day's warning if your lucky. Be cool. Cheers. Have a laugh and love the ones your with.
http://www.dailymail.co.uk/news/article-1127278/Revealed-Day-banks-just-hours-collapse.html
Britain was just three hours away from going bust last year after a secret run on the banks, one of Gordon Brown's Ministers has revealed.
City Minister Paul Myners disclosed that on Friday, October 10, the country was 'very close' to a complete banking collapse after 'major depositors' attempted to withdraw their money en masse.
The Mail on Sunday has been told that the Treasury was preparing for the banks to shut their doors to all customers, terminate electronic transfers and even block hole-in-the-wall cash withdrawals.
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- oy. happy australia day!
oy. happy australia day!
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