[quote=rattyo;4237143]
we have seen glimpse of this back in 2008 all over the world. when many lost money , and when goverments started saying they will guarantee up to 50 k and 100 k and so on in varrying countries .
anything more than that if your bank crash it disappear.
and for you to get that 50 k or 100 k you have to get it from the government which pledged to protect it God knows when.
so imagine if governments collapse , where would you get it from ?
we have seen banks collapse, and people lose their money .
and we have seen all ex soviet people lose their entire money and life saving over one night . when one ruble was 1.6 USD and even more and over night 1USD became 30 and 40 ruble . and guess what, you wouldn't even manage to get anything because not less than 20 thousand people queuing in front of each bank which already refused giving you 2% of your money in USD or any currency .
so when people talk about global melt down and a new world order and governments collapse , this is the most possible scenario that comes in my mind.
God forbid , seeing such a disaster .
no one wants it , and no one likes it . its not fun , its not cool to think about it
that's why I don't like to talk about global melt down or dollar crash and scream short USD etc.
it's naive if we think we will benefit from any major economic disaster .
it would be extreemly stupid if any one thinks " I know there will be doom I will short USD with 10 lots and after crash I will bank my money !."
its not gonna happen !.
we will be hurt , worse that any one think .
in such a disaster a man has to grow his own food in his land and have his weapon ready to protect his property .
and as always the rich influential corrupted world figures will get away with it, and only criminals might benefit from this scenario.
every one of us here used to have his own career other than trading. some stopped and do only trading .
we all have to realize , we are bunch of worms who are trying to benefit from fluctuation in prices of anything (oil , gold , silver , euro ) without adding anything useful to humanity and development of mankind .
when you trade oil you don't expect to buy it and delivered to you in barrels .
or even worse , borrow some oil (which you don't have ) to sell it at high price and buy it when its cheap .
so defenatly there is something wrong here . and I guess ,us speculators will be most affected badly in any doom scenario.
just hope that this never happens and if its going to happen the transition would as smooth as possible so that neither us or normal people suffer.
Dislikedeven if you have cash in normal banks you easily might lose it .
quote]
Why do you think this exactly? World would turn into chaos if such a thing was to occur.Ignored
anything more than that if your bank crash it disappear.
and for you to get that 50 k or 100 k you have to get it from the government which pledged to protect it God knows when.
so imagine if governments collapse , where would you get it from ?
we have seen banks collapse, and people lose their money .
and we have seen all ex soviet people lose their entire money and life saving over one night . when one ruble was 1.6 USD and even more and over night 1USD became 30 and 40 ruble . and guess what, you wouldn't even manage to get anything because not less than 20 thousand people queuing in front of each bank which already refused giving you 2% of your money in USD or any currency .
so when people talk about global melt down and a new world order and governments collapse , this is the most possible scenario that comes in my mind.
God forbid , seeing such a disaster .
no one wants it , and no one likes it . its not fun , its not cool to think about it
that's why I don't like to talk about global melt down or dollar crash and scream short USD etc.
it's naive if we think we will benefit from any major economic disaster .
it would be extreemly stupid if any one thinks " I know there will be doom I will short USD with 10 lots and after crash I will bank my money !."
its not gonna happen !.
we will be hurt , worse that any one think .
in such a disaster a man has to grow his own food in his land and have his weapon ready to protect his property .
and as always the rich influential corrupted world figures will get away with it, and only criminals might benefit from this scenario.
every one of us here used to have his own career other than trading. some stopped and do only trading .
we all have to realize , we are bunch of worms who are trying to benefit from fluctuation in prices of anything (oil , gold , silver , euro ) without adding anything useful to humanity and development of mankind .
when you trade oil you don't expect to buy it and delivered to you in barrels .
or even worse , borrow some oil (which you don't have ) to sell it at high price and buy it when its cheap .
so defenatly there is something wrong here . and I guess ,us speculators will be most affected badly in any doom scenario.
just hope that this never happens and if its going to happen the transition would as smooth as possible so that neither us or normal people suffer.
I SEE YOU !!
