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Seriously, it's awful seeing all these banks collapsing. If your money isnt safe in a bank then where can we keep our savings? Maybe we should invest it in gold bars and bury them in the garden?
This is all Garins fault. I told him that an economy dependant on debt is just not going to work. If I give the bank £1, how the hell can they magically turn that into £9 and give as a loan or a morgage. What if everyone stopped borrowing money and started saving? Is that not what the banks want us to do?
This is all Garins fault. I told him that an economy dependant on debt is just not going to work. If I give the bank £1, how the hell can they magically turn that into £9 and give as a loan or a morgage. What if everyone stopped borrowing money and started saving? Is that not what the banks want us to do?
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pete_21 wrote:
> Alfonse In Velour wrote:
> So what happens if a bank holding your money collapses? Do you
> lose everything?
>
> No,your covered up to 35K per single account and 70K per joint
> account.
Basically 35k per person per financial institution - not by account.
> Alfonse In Velour wrote:
> So what happens if a bank holding your money collapses? Do you
> lose everything?
>
> No,your covered up to 35K per single account and 70K per joint
> account.
Basically 35k per person per financial institution - not by account.
Alfonse In Velour wrote:
> So what happens if a bank holding your money collapses? Do you
> lose everything?
No,your covered up to 35K per single account and 70K per joint account.
> So what happens if a bank holding your money collapses? Do you
> lose everything?
No,your covered up to 35K per single account and 70K per joint account.
So what happens if a bank holding your money collapses? Do you lose everything?
apparently going to smaller banks might be a good idea. I use to have a massive piggy bank to hold my money when i was a kid as i didn't trust them.
I'll probably fall back to old ways but not quite yet.
I'll probably fall back to old ways but not quite yet.
Seriously, it's awful seeing all these banks collapsing. If your money isnt safe in a bank then where can we keep our savings? Maybe we should invest it in gold bars and bury them in the garden?
This is all Garins fault. I told him that an economy dependant on debt is just not going to work. If I give the bank £1, how the hell can they magically turn that into £9 and give as a loan or a morgage. What if everyone stopped borrowing money and started saving? Is that not what the banks want us to do?
This is all Garins fault. I told him that an economy dependant on debt is just not going to work. If I give the bank £1, how the hell can they magically turn that into £9 and give as a loan or a morgage. What if everyone stopped borrowing money and started saving? Is that not what the banks want us to do?
Page: