Quote:
Originally Posted by Ron
On the realty side, I heard there are a bunch of banks in trouble in the US.
If they fail while it won't be the end of the world, it does mean that a lot of savings & investments will be lost & wiped out.
Preserving banks will be more important than preserving investments.
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A women at our savings and loan told me a couple of years ago that they are going to eventually combine everything into one central bank system. She was just telling me that as a matter of fact story.