Re: RBS issues global stock and credit crash alert
Uh... guys. No more silly Iran stuff from me. When is the time to withdraw actual paper cash from your friendly neighbourhood bank? I'm sort of waiting for EJ to put "CRASH - GO GET YOUR CASH" in 72-point letters on the ITulip front page. But seriously, I'm getting a little queasy right now.
If there are bank runs in the US, that big sucking whirldwind is not going to stop in the middle of the Atlantic. Banks are a con game, so when the game's up, it may be so globally. How much of your portfolio would you have in physical cash and other in-your-hand assets?
EJ: any helpful hints here? Sapiens, metalman, grapejelly, lukester? Am I just overdosing on doom and gloom?
Uh... guys. No more silly Iran stuff from me. When is the time to withdraw actual paper cash from your friendly neighbourhood bank? I'm sort of waiting for EJ to put "CRASH - GO GET YOUR CASH" in 72-point letters on the ITulip front page. But seriously, I'm getting a little queasy right now.
If there are bank runs in the US, that big sucking whirldwind is not going to stop in the middle of the Atlantic. Banks are a con game, so when the game's up, it may be so globally. How much of your portfolio would you have in physical cash and other in-your-hand assets?
EJ: any helpful hints here? Sapiens, metalman, grapejelly, lukester? Am I just overdosing on doom and gloom?
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