Huge derivates with a more possible buble than the Chinese real estate one may soon affect all, since they (astronomical amounts today) aren't backed by deposits in a bunch of largest banks. Broke banks don't have to give money, so expect the doom! 20 trillion of the US debt is a peanut to what may soon happen. Now, how do you think you prepare for the worst? Purchasing a real estate? Investing in a land? Or, keeping your cash under the pillow?
- What If Western Banks Have No Money? -- caring -- 2017-10-29
- Re What If Western Banks Have No Money? -- Parody Parrot -- 2017-10-29