Are we descending into anarchy? What happens if the Stockmarkets tank? I admit to being very afraid.

We are fully involved in a time of uncertainty. Yeppers, the Stock markets are tanking. In London we have riots. We have famine and more. However, I am planning a worry free day to go play in the park with my grandson. Wanting to cherish normalcy as long as I can.

Originally posted by applebaum
However, I am planning a worry free day to go play in the park with my grandson.

Sir or Madam, that's the best thing you can do! In fact, nobody knows what future will bring. Only one thing is for sure: We all are going to die some day.

And if we die, I think, we'll only take one single thing with us back to the one big heart of it all: Our memories.

So try to stock as many good memories as you can. Because in the end, they're of more value than the whole worlds gold...

Here's the thing....imma let you in on a little secret, but don't tell ANYONE. Money.......is.....a......SEED! "It takes money to make money", ring a bell??? Get this: your money is USELESS, unless you USE it....to INVEST! Start an internet business, start a small business! Make your money, work for you....and stop WORKING FOR YOUR MONEY. That's how the rich keep getting richer. They take that printed monopoly money, and INVEST, so they get SOMETHING for NOTHING! Get it?

Money has NO VALUE, until you exchange it! The one that has the cash, is the LOSER; simply because CASH HAS NO VALUE! It's paper, and not: merchandise or something TANGIBLE. Take your money, and INVEST IT IN SOMETHING!!!! That's what money is made for! It's NOT to be "saved" and kept in a bank!

reply to post by paperface


What good is cash in the event of a Global Economic Collapse especially if its the dollar or the Euro?

reply to post by applebaum


I think its all about now how we approach all these events or perceive it.

There is a simple solution and shown below to both the riots and economy:

Solution to Riots and Economic Collapse Just Discovered


Have a look 30second video shows how simple we can do this NOW

Kind Regards,

Elf

For what it's worth here is how I've heard others 'in the know' dealt with this problem in the past.
Assume you have $1000 either cash or in the bank
This $1000 dollars will buy you 1000 cans of corn
The government devalues the dollar and issues NEW DOLLARS at the rate of 1000 old dollars = 1 new dollar
Your savings is now worth $1 and a can of corn cost 1 NEW DOLLAR or 1000 old dollars
BUT
If you invest your $1000 in 1000 cans of corn then when the devaluation comes you will still have 1000 NEW DOLLARS worth of canned corned to sell.
I remember reading how desperately people were trying to transfer their money into actual physical goods that would retain their value after devaluation. One gentleman going so far as to buy a warehouse full of encyclopedias not because it was a good investment but it was all that was available and no matter how few he sold after the collapse it would be better than the actual cash which would be little better than toilet paper as another poster pointed out.
So if you're ever going to buy something, buy it now. If you've ever had an urge for something, buy it now. There are few investments as bad as cash or savings at the moment.