English Pound collapsing

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cabrera

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There are many who are saying that the english pound will collapse soon with a devaluation of argentine proportions on the cards.
Bloomberg has even come out and stated that the pound is heading for a huge correction.

The english must be worried now as they have had a few setbacks of late
 

Ries

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Somehow I doubt the english are very worried...
 

steveinbsas

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Will the Euro follow as Greece and other debtor eurostates implode??

Don't give up on the dollar too soon, in spite of the present insanity in DC.

(The tea party may indeed prevail.)
 

steveinbsas

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Forget about tea. Just stock up on rice and beans.

Or move somewhere that you can gather your own chicken eggs.

(Which is exactly what I am planning.)
 

diosaarenosa

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is this imminent do you suppose? i have a fair bit of sterling in cash at home which i am exchanging a bit at a time as needed. would it be wiser to have it stored at home in pesos?
 

steveinbsas

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diosaarenosa said:
is this imminent do you suppose? i have a fair bit of sterling in cash at home which i am exchanging a bit at a time as needed. would it be wiser to have it stored at home in pesos?

I'd rather have a few chickens (aka laying hens) than almost any kind of metal.

If I am going to have any metal, let it be a shotgun.
 

steveinbsas

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I only hope I'm far from the city when it happens (the shit hits the fan).

You can never eat silver or gold, but chickens are always tasty.
 

steveinbsas

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Ries said:
Somehow I doubt the english are very worried...

They're stupid if they aren't.

But you don't believe that the US can go bankrupt, either...

(Based on your previous posts.)

You are going to be so surprised...and hungry...when the shit hits the fan...

And the shelves are empty...

Even if you still have a credit card.
 
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