Long before top economic writers mentioned it, I was presenting "what to do in financial collapse" posts. Here is Alvaro, who lived through such times recently, again:
Two other tips that might come handy in case of financial trouble:
Always keep some cash readily available. There was a bank holiday here in 2003, many folks didn't have money to buy essentials when the ATMs became empty.
On the same line, buy and keep a cache of goods you need for your day to day life. Not only food! Toilet paper, toothpaste and spare bulbs are nice to have too :)
Here is our post of almost 2 years ago, referring to something I posted in 2005. The points apply today... it is funny, with all of the economists knowing this must blow up, it is like a horror movie in which no one knows where and when the monster will jump out.
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