"financial fragility"

Discussion in 'Current Events' started by Luddly Neddite, Dec 28, 2012.

  1. Luddly Neddite
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    Luddly Neddite Diamond Member

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    Early this morning and again this evening, I heard a news story that stated that half of all Americans are "financial fragile" and cannot, could not, put their hands on $2000 if they needed to.

    Elsewhere is a thread concerning being prepared for the coming of the zombies - guns and beans kinda stuff. Worthwhile for sure and we also have a storeroom with such.

    But, probably because of some really hard times, I'm fanatical about having liquid assets, money I can put my hands on.

    Any one else feel this way?

    What have you and/or your family done to prepare for a financial emergency?
     
  2. TakeAStepBack
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    TakeAStepBack Gold Member

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    Certainly not relied on FRNs.
     
  3. TruthSeeker56
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    TruthSeeker56 Silver Member

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    Why are you so interested in how other people are handling their money and assets?

    Are you part of some left-wing polling organization? Work for the IRS?

    If you believe that collecting paper promises in some way makes you "prepared", then keep on collecting those 10s and 20s and 50s and 100s.
     
  4. iamwhatiseem
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    iamwhatiseem Gold Member

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    $2000??
    I dare say most Americans could not lay their hands on $1000 without some difficulty.
     
  5. squeeze berry
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    squeeze berry Gold Member

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    if a real disaster comes down the ATMs may be off-line for a period of time.

    Some extra cash for a while would be handy.
     
  6. deltex1
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    deltex1 Gold Member

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    Buy SIRI.
     
  7. LoneLaugher
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    LoneLaugher Diamond Member

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    Oh....you dare say that, do you? Deep.
     

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