Europeans are getting a sample of this, now that negative interest bonds are the "latest thing." As the money-printing impact hits, expect to see fees on deposits and zero or negative interest in US banks CDs. Cyprus (and soon, Greece) are blatantly using depositor's money to stay afloat with exorbitant fees and withdrawal limits. It's beginning to sound like the banks have become so married to big business and the government that we "little people" are of little interest to them. Credit Unions are becoming more attractive, and more people should think about what items of value they could collect to use for barter when the dollar collapses.
Okay, weird... this is almost verbatim what my husband said to me about 5 minutes before he sent me this link. I feel spied on, but that's pretty much how I feel all the time anymore.
What's in YOUR wallet? I think there 's a credit union in Fairplay -but nothing in Hartsel. Maybe an ATM. Closest bank would be 30-40 minutes away in Canon City, woodland park or Buena Vista.
Yes, the smart talk is coated with poop and vulgarity so it is presented as if the talk is coming from stupidity so it gets dismissed. As if the truth can only be talked about in the form of parodies... it feels communist. Am I nuts?
My mattress is the type that doesn't allow me to stuff anything in it. I have a safe, but I haven't opened it for several years. It's a pretty small safe anyhow. The value of the money is decreasing at a rate so fast that it might actually catch up to the losses in investments.
Dark humor, too accurate to be really funny. Though not a fan of regulations, I propose one more for all financial institutions: people must watch this clip before they open an account...Aaaaaand,,,they're gone...
on the advice of a friend, years ago, I speculated in the currency exchange rate market and lost 14k. fast. that was the harley which wasn't. . aaaaand, it's gone. -- j .
Maybe I shouldn't have posted this under entertainment. Economics? Philosophy? Culture? We need a "we're screwed" category. Let me start over. Maybe I shouldn't have posted this-
I still liked it, had never seen it before, and thanks for posting. It is definitely black humor, but sometimes that's needed to make a point, especially to those who aren't or never will be, ability-wise, scholars or degreed economists.
(I'm the latter, although I don't teach. If I did, I might still show this clip to first year students, especially in Banking 101. And then explain why the current system is an immoral house of cards [or, paper])...
So are you saying you were crying? :)
I think there 's a credit union in Fairplay -but nothing in Hartsel. Maybe an ATM. Closest bank would be 30-40 minutes away in Canon City, woodland park or Buena Vista.
Where is George Bailey?
(If you can get past the poop and vulgarity.)
the currency exchange rate market and lost 14k. fast.
that was the harley which wasn't. . aaaaand, it's gone. -- j
.
Let me start over.
Maybe I shouldn't have posted this-
(I'm the latter, although I don't teach. If I did, I might still show this clip to first year students, especially in Banking 101. And then explain why the current system is an immoral house of cards [or, paper])...