Re: How to avoid TSP calamity if debt ceiling is not raised
Originally Posted by
FAB1
In '33 in wouldnt be hard to hide your gold and sit on it a while.
But in this electronic age, dont think they wont know who has the gold.
Banks will be forced to open safety deposit boxes - theres a paper trail
to sniff you out and your floor safe, isnt safe.
Then your Lead will be more valueable than any Gold or Silver.
Raiding safe deposit boxes wouldn't be anything new, they did that back in '33 too. We'll probably see currency controls at some point-to keep the big guys from moving funds out of the country too quickly. Brazil is already contemplating currency controls, read that the other day somewhere, don't recall where.
"life can only be understood backwards, but it must be lived forwards" - soren kierkegaard
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