@Just Frank wrote:
Guys + Gals
It isnt just Spain and if the D.O.W nose dives this afternoon then things may get very difficult indeed. 😥
Did any of your financial advisors advise you to get out of equities 😯
Now the only place for your money will be under the bed
And with your money under the bed will come deflation which in Japan has led to roughly 15 years of house price deflation, so far.
Of course the banks will take advantage and start adding bank charges onto almost everything and some crazies will encourgae investment in gold but I reckon that most people by now have decided that they aren’t very good at investing their money and will leave it somewhere safe where they can get their hands on it relatively quickly, if at a cost.