The "crash" will be along very soon

[threaded]

Are you suggesting a deflation led depression?

Sounds a most likely scenario

[AlfredJPruffock]

What DP is trying to say is that the 'crash' is in fact the crash with The Galalxy Andromeda is coming - any day now - making 2010 - The Year of the Diamond Dogs ....

[Moscow Mule]

Surely the only way out is default or inflation.

Are you suggesting a deflation led depression?

Sounds a most likely scenario

Can you get your crystal balls out please - I need to decide if all that cash in the bank should be moved into bricks or not...

[Andy2]

There isn't a way out of this mess.
if the dollar keeps strengthening (unlikely) it will bring down stocks and commoditites which will lead to deflation and bring down the economy.
if the dollar goes down expect hyper inflation which will also wreck the economy,although will reduce the govt debt.
nobody knows

[BrilloPad]

Can you get your crystal balls out please - I need to decide if all that cash in the bank should be moved into bricks or not...

Toss a coin :-

Heads. Property is cheap. The new BTL is here. buy buy buy.
Tails. The great crash is about to happen. Keep all your cash in the bank.

HTH

Or you could start a thread with a poll. Dont fioget the andyw option.

[TimberWolf]

Has anyone got any recommendations on a foreign currency denominated bank account? Preferably one that pays interest and that can be managed on-line and won't go bust?

[AtW]

Has anyone got any recommendations on a foreign currency denominated bank account? Preferably one that pays interest and that can be managed on-line and won't go bust?

Try Zimbabwe dollars - huge amount of interest apparently...

[Andy2]

Has anyone got any recommendations on a foreign currency denominated bank account? Preferably one that pays interest and that can be managed on-line and won't go bust?

caterallen offer usd and euro linked account to your current account