orbs Posted October 4, 2011 Share Posted October 4, 2011 on the news right now that a french and belgian bank is struggling and may need bailing out, what i need to know is is my small nest egg safe? Link to comment Share on other sites More sharing options...
WeX Posted October 4, 2011 Share Posted October 4, 2011 For starters, what's your small nest egg doing in a French bank? Link to comment Share on other sites More sharing options...
LDeville Posted October 4, 2011 Share Posted October 4, 2011 on the news right now that a french and belgian bank is struggling and may need bailing out, what i need to know is is my small nest egg safe? Hi This is not new, was talked about yesterdya - most banks have a gov back sche which bank you with Link to comment Share on other sites More sharing options...
dabuckle Posted October 4, 2011 Share Posted October 4, 2011 just letting people know NO banks are safe, the best thing you could do with your money is buy supply food for the next few years. Total collapse before christmas 2011 http://beforeitsnews.com/story/1175/623/Economic_Doomsday:_Worlds_Experts_Predict_Total_Disaster.html Link to comment Share on other sites More sharing options...
LDeville Posted October 4, 2011 Share Posted October 4, 2011 just letting people know NO banks are safe, the best thing you could do with your money is buy supply food for the next few years. Total collapse before christmas 2011 http://beforeitsnews.com/story/1175/623/Economic_Doomsday:_Worlds_Experts_Predict_Total_Disaster.html Hi It is a very serious offence to give out financial advice is you are not professionally qualified, fact you may htink we are joking but a bloke got jailed a couple of years back. We recommend that if you do not have the appropriate qualifications from the fincial services idustyry that you add. "please Do Yuor Own Research, = DYOR" and that tells people that you are only guessing Link to comment Share on other sites More sharing options...
chem1st Posted October 4, 2011 Share Posted October 4, 2011 on the news right now that a french and belgian bank is struggling and may need bailing out, what i need to know is is my small nest egg safe? No, your small nest egg has, and is been destroyed by inflation, especially if you foolishly deposited it into a bank! QE = printing of money = inflation. Have you read the book, FIAT money inflation in France? http://mises.org/books/inflationinfrance.pdf I recommend you read it an appreciate the downfalls of paper money "Paper money eventually returns to its intrinsic value: zero." That is all you need to know. Invest in rope, guillotines, upside down crucifixes and lighters. They will soon be in demand! Link to comment Share on other sites More sharing options...
orbs Posted October 4, 2011 Author Share Posted October 4, 2011 LDevill, with lloyds tsb, i want to put it in premium bonds OH says leave it. Link to comment Share on other sites More sharing options...
Guest sibon Posted October 4, 2011 Share Posted October 4, 2011 LDevill, with lloyds tsb, i want to put it in premium bonds OH says leave it. If you put it into Premium Bonds you will forgo any interest that you might earn. They are backed by the Uk Government though. Which is as safe as anywhere these days. Link to comment Share on other sites More sharing options...
taxman Posted October 4, 2011 Share Posted October 4, 2011 Will the Tories blame Gorden Brown? Link to comment Share on other sites More sharing options...
Guest sibon Posted October 4, 2011 Share Posted October 4, 2011 Will the Tories blame Gorden Brown? I think you missspelt "Torries":) Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.