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TNDemo (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 08:50 AM Original message |
What to do as the dollar drops? |
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cornermouse (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 09:00 AM Response to Original message |
1. Necessities for life. |
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lonestarnot (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 09:05 AM Response to Original message |
2. Wipe our asses and move along. |
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Wcross (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 09:06 AM Response to Original message |
3. Buy gold or keep your savings in "real money" (euro's). |
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ret5hd (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 10:04 AM Response to Reply #3 |
9. Euros (or yen, or remnibis, or any others) are no more "real" than dollars. |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 10:32 AM Response to Reply #9 |
12. Yeah, but there's a lot more faith in the Euro than the dollar |
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Bigmack (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 09:10 AM Response to Original message |
4. Us, too..... |
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ixion (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 09:17 AM Response to Original message |
5. I bought raw land out in the middle nowhere |
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no_hypocrisy (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 01:29 PM Response to Reply #5 |
19. If I were to buy land, I'd check out the prospects for water now that |
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ixion (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 01:55 PM Response to Reply #19 |
21. absolutely... arable land is better... |
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Turbineguy (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 09:18 AM Response to Original message |
6. I have this discussion with my wife a lot |
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skids (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 09:48 AM Response to Original message |
7. One idea I have yet to implement myself... |
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gateley (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 10:00 AM Response to Original message |
8. I've thought about this as well and it's disturbing. I keep harkening back to |
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Turbineguy (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 11:58 AM Response to Reply #8 |
14. And when the guy came out of the |
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gateley (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 12:08 PM Response to Reply #14 |
15. Thanks for the calming words - they give me hope! nt |
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mmonk (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 10:11 AM Response to Original message |
10. Look for a hedge. I bought euro shares when everyone told me |
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happyslug (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 10:30 AM Response to Original message |
11. First, look at HOW the drop in the Dollar will affect YOU. |
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Mojorabbit (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 10:59 AM Response to Original message |
13. I bought a lot of food |
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CK_John (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 12:32 PM Response to Original message |
16. Understand bank fed insurance protection. All your accounts in a bank |
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TNDemo (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 12:49 PM Response to Reply #16 |
17. I'm just wondering how much protection the fed can give us. |
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gateley (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 01:09 PM Response to Reply #16 |
18. But what if there isn't the money available to pay off? These days I don't have |
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CK_John (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 01:50 PM Response to Reply #18 |
20. Fica is paid by the banks into a fund. You may not like it but this is very important info |
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gateley (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 02:08 PM Response to Reply #20 |
22. I didn't know that about FICA - thanks. I DO know there is a limit to the |
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CK_John (1000+ posts) Send PM | Profile | Ignore | Sun Oct-21-07 02:15 PM Response to Reply #22 |
23. The limit now is 100,000. Correction I should have put FDIC as the ins for banks. |
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