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Preparedness for when
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I think this is a "well they would say that, wouldn't they?" scenario
I think you are right and that this is to stop people causing a bank run. Whilst not panicking OH and I have each withdrawn a couple of hundred squideroos to put away, just in case there is a temporary shutdown (I realise that may contradict the "not panicking" statement).
I am keeping a VERY close eye on it all and i think anyone who isn't is a - hmm, is "fool" too strong?FerFal has posted about Cyprus on his blog and this is on the comments page;
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March 18, 2013 at 2:50 AMDB said...They are doing a light-pole test. If no politicians end up swinging this test run can be expanded throughout Europe
There's many a truism spoken in jest. Having been aware for some time of the habit of politicos of springing highly unwelcome things on the populace over public holidays (clothes rationing in WW2 started over Whitsun weekend) I would be very wary about the next Bank Hols; Easter, May Day and Late Spring are all incoming shortly.
Every increased possession loads us with a new weariness.
John Ruskin
Veni, vidi, eradici
(I came, I saw, I kondo'd)
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The Cyprus banks are now going to be shut till Thursday - what a nightmare if you need cash or have business transactions.
http://www.guardian.co.uk/business/2013/mar/18/eurozone-crisis-cyprus-bailout-savers-markets
Meanwhile I saw a media report denying there had been a bank run.
Mind you, that could have something to do with the banks being closed and people being unable to have a run at anything :doh:0 -
pineapple, there will be a run as soon as they re-open the banks. The actions of TPTB have effectively ensured that.
International capital will flit as soon as money-transfers can make it happen. Rich and powerful people don't like being wrong-footed and you can bet your last tin of tomatoes that they're poised to start shifting their dosh the second the banks re-open. It'll be see Jack run.
Some people will decide to throw in the towel and leave Cyprus. Property prices will plummet and businesses will be lost. Brides at the earliest stages of planning their dream beach wedding will look elsewhere. Ordinary folks will take out just about everything they can to hold as cash (field day for burglars, no doubt). I can predict good biz for jewellers and supermarkets. I expect some ex-pats, inc Brits, will be giving serious thought to re-patriating themselves. Seen a lot come back from Spain in recent years..........
Leading Cypriot politicians will resign in protest (realitsically, saving their own skins from having to face the populace's justifiable fury and trying to put a gloss on it).
I'm reminded of a pithy aphorism I heard recently in RL; you can roll a t u r d in glitter but it still stinks just the same.Every increased possession loads us with a new weariness.
John Ruskin
Veni, vidi, eradici
(I came, I saw, I kondo'd)
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My coin tins (that I fill and bank when there's enough) are staying firmly where they are for now, couple of hundred in them, which will keep us going for a while if something happens. Each day I shop this week I have added a couple of extra things to my list, from tins of food and bottles of water, to painkillers and loo rolls - good prepping anyway as some stocks are below normal operating capacity, but it's really my Northern siege mentality coming to the fore! :rotfl:
A few people I know are finally paying attention to some of my tin-hattery (love that phrase, thanks whoever dreamed it up!), but nowhere near enough. So many others haven't even heard of the Cypriot hoo-hah, only keep in enough loo rolls and tinned tomatoes for the next occasion (I nearly passed out at that one!) and still snigger when I start talking like a prepper.
I may be paying even closer attention than usual to the budget next week, and listening to what Georgie-boy DOESN'T say, too! :eek:
A xoJuly 2024 GC £0.00/£400
NSD July 2024 /310 -
pineapple, there will be a run as soon as they re-open the banks. The actions of TPTB have effectively ensured that.
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Listening to what isn't being said is true wisdom.
I've been discreetly turning cash into commodities for some time and will shortly move some money out of my bank account and into the LA's council tax fund. Figure that there'll be hell to pay if that isn't paid and better to have it paid up for the year than have it somewhere the bliddy Gubment could get their greedy paws on it (or a percentage of it, even).
I'm astonished on a daily basis at how few people, particularly the youngest adults, use cash. Some of them are like the Queen, they just don't carry it. Every transaction is by card, whether it's your lunchtime snack or the weekly groceries.
Not carrying cash seems to co-exist with not owning a waterproof coat, sensible shoes, an umbrella or a first aid kit or even a reasonable supply of grub at home. It could so easily go very badly wrong..............:(Every increased possession loads us with a new weariness.
John Ruskin
Veni, vidi, eradici
(I came, I saw, I kondo'd)
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Our money comes out the day it goes in, and has since the Northern Rock fiasco.0
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"Not carrying cash seems to co-exist with not owning a waterproof coat, sensible shoes, an umbrella or a first aid kit or even a reasonable supply of grub at home. It could so easily go very badly wrong.............."
I had this very thought today in town - there were so many younger folk (say, under 35) wearing trainers/ballet pumps, tshirt and hoodie, it was barely above freezing and rather wet. The other type of person I saw seemed to be zombiefied - wandering around without purpose, slack-jawed and not much to say, to quote a fave song of mine, seemed to be minus an alarming number of brain cells! How will these people cope when TSHTF, and it will be "when", not "if"!
A xoJuly 2024 GC £0.00/£400
NSD July 2024 /310 -
What you'd see befalling these numpties would be a crude form of Darwinism. I just worry that they'd take me down with them.
I am deffo middle aged; the yoofs aren't dressed properly (catch their deaths, they will) and the polis seem to be about 13.............:rotfl:Every increased possession loads us with a new weariness.
John Ruskin
Veni, vidi, eradici
(I came, I saw, I kondo'd)
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GQ
I am older than you and think they look about twelve :eek:
Do you remember the line in one of Pratchet's books that reckoned when a man in Lancre looked for a wife he wanted one, who when the wolf came to the door , would belt it with a skillet, skin it , cook it and make a rug for in front of the fire."This site is addictive!"
Wooligan 2 squares for smoky - 3 squares for HTA
Preemie hats - 2.0
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