what happens to the debt after a bank goes out of business?
Daughter of the Most High***Child of Light** Warrior
Yes but what happens if for some miracle you actually have a small, hard earned savings, does that go bye-bye too?
“Well get your money outbof the bank…”
And put it where? How? Worthless Paper money? 👀
umm if i had a lump sum of cash i would take it out of the bank and buy silver or gold coins/bars with it. thats what i would do ;)
Daughter of the Most High***Child of Light** Warrior
where would you store it?
and what if you need some to live, pay bills, or an emergency?
i would write down my bills per month and keep 3 months worth of cash on hand for said bills/food. the rest is bullion
This is an interesting strategy!
i even told my Grandma this strategy 😳
she liked it.
we had a fun summer huntin for bullion...
