I am in two minds.
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- betchrider
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- Location: United kingdom
- betchrider
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- Joined: Sun Sep 16, 2007 12:01 pm
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- Joined: Tue Dec 20, 2011 10:51 pm
I have no issue with holding large amounts with the big banks in this country, if they go bust, then the credit just would be moved to another bank or held by the government promises, you would not lose it.
Should the 85k limit be enforced if there was no bailout or takeover, then the money would just be in a new currency that woulds not hold the same value(or nominally the same, but with hyper inflation), further more you would be waiting some time to get it back.
Bit like getting an IM, you know you have £70, but the value could really be upto £210, however its a flat you get your £70(which you where gtd), but when you collect the hopper jams, you get paid a month later, but when you return to the pub a pint is £25.
Should the 85k limit be enforced if there was no bailout or takeover, then the money would just be in a new currency that woulds not hold the same value(or nominally the same, but with hyper inflation), further more you would be waiting some time to get it back.
Bit like getting an IM, you know you have £70, but the value could really be upto £210, however its a flat you get your £70(which you where gtd), but when you collect the hopper jams, you get paid a month later, but when you return to the pub a pint is £25.
- betchrider
- Senior Member
- Posts: 4417
- Joined: Sun Sep 16, 2007 12:01 pm