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Folks, if you've got any money in savings you better think about protecting it

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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:49 AM
Original message
Folks, if you've got any money in savings you better think about protecting it
If you've got money saved you might want to find a safe harbor for it - soon!
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taterguy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:49 AM
Response to Original message
1. Link please
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TroglodyteScholar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:50 AM
Response to Original message
2. What, like a mattress? n/t
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Divernan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:53 AM
Response to Reply #2
10. That pays about the same interest as my savings accounts/IRA
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anarch Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:50 AM
Response to Original message
3. well, lucky for me I don't have any money at all then
err...umm...
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w0nderer Donating Member (430 posts) Send PM | Profile | Ignore Fri Jul-22-11 09:34 AM
Response to Reply #3
18. like Lenny Henry said:
He was talking/joking about the UK, still applies
--
The State is experiencing a cash flow problem.
I don't have a cash flow problem
no cash
no flow
no problem
--
http://en.wikipedia.org/wiki/Lenny_Henry
it doesn't actually contain the quote,
it's from one of his stand up performances i caught on bbc at one point

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BiggJawn Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:51 AM
Response to Original message
4. So it's time to buy metal?
Because if what you're hinting at happens, paper currency will be ass-wipe.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:51 AM
Response to Reply #4
5. Metal, oil, or just get it out of the country
I chose Brazil.
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:51 AM
Response to Original message
6. Pretty useless advice as posted. ETA: What does "I chose Brazil" mean?
Edited on Fri Jul-22-11 06:52 AM by WinkyDink
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:52 AM
Response to Reply #6
9. I presume that if you have a little cash you know enough to know where to put it
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 09:58 AM
Response to Reply #9
21.  Then your entire thread is pointless, you say?
Edited on Fri Jul-22-11 10:00 AM by WinkyDink
But of course, you wouldn't make it less pointless by actually including details, such as: The Brazilian entity into which you have placed your savings.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:57 AM
Response to Reply #6
12. Read the phrase in front of your quote and maybe you can figure it out
It says 'get it out of the country'. Brazil is another country, not this country. If you move your money to Brazil it will not be in this country - a handy thing when the economy of this country turns to utter shit.
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sunwyn Donating Member (268 posts) Send PM | Profile | Ignore Fri Jul-22-11 06:51 AM
Response to Original message
7. What's money? What's savings
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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:52 AM
Response to Original message
8. Have you got means testing on the way ?
.
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Vinca Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:54 AM
Response to Original message
11. I'll see if I can get the cat to protect the pickle jar on the kitchen counter.
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Uben Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:06 AM
Response to Original message
13. I don't take financial advice from political boards.....
....maybe that's why I still have a little money left! I live here, I invest here, I buy here. I'll die here. My money stays here. I'd rather be broke in America than rich in Brazil. Just my opinion.
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ProfessorGAC Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:10 AM
Response to Original message
14. Come On, Thom!
We were far closer to going over the dge 3 years ago.
GAC
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no_hypocrisy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:12 AM
Response to Original message
15. Define "protecting" please.
Protecting it from inflation?

Protecting its existence in an FDIC insured bank?
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robcon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:12 AM
Response to Original message
16. Bullshit thread.
n/t
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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 08:48 AM
Response to Original message
17. I'm still waiting for gold to peak so I can buy it at its highest point.
That's my strategy.
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seabeyond Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 09:42 AM
Response to Reply #17
20. lol. nt
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Lex Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 09:37 AM
Response to Original message
19. Because . . . ? Link? Details?
More information?

:shrug:


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madmom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 10:08 AM
Response to Original message
22. Savings? What's that?
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cbdo2007 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 10:09 AM
Response to Original message
23. Good call - putting it all in gold today!!!
*sarcasm*
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