Is the world economy going tits up?

Now that the world economy appears to be falling tits up, how many of you are planning on budgeting for a crisis?

Are you continuing with you usual spending habits or are you playing it safe?

It seems that saving money makes sense, yet if no one spends, then the vicious cycle of a worsening economy just keeps feeding the fire.

I’ve got my money in 3 different currencies and fortunately nothing in stocks and bonds.

What’s your take on what is happening (regardless if you live in the USA or not)?  Are you worried? What is your game plan?

I’d love to hear how others are feeling towards this.

As the Japanese say “Gambarimasho”  (Let’s keep fighting)

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3 thoughts on “Is the world economy going tits up?

  1. What the hell? TWO posts?!!!!? Man, you’re hurting my brain! what’s wrong with you?

    Yeah soooo, it’s a bit too late for thinking about saving now. Now is the time to go through the savings… And if you have cash, it could be time to buy cheap stocks and cheap houses.

    Once you are in the down spiral, there is only a few things you can do: hang on tight, check out possible sidewalks, refresh the old pole skills… (just kidding!)

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