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Originally Posted by FizzerMeTimbers
Hey mang. I'm curious what kind of signs or forewarnings you noticed before it all went down... And how quickly it happened after you suspected it
I just read that article. And damn. Shit really did hit the fan. Where could i find info on what exactly caused that to happen?
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Well we actually emptied our accounts ( me and my family) just one or two days before everything went down.
Both my parents are accountants so they are better versed at seeing the sings, therefore there was little money left in our accounts in the country, but what we had left we managed to retrieve just before it went to hell.
I do remember very well the day we went to the French Bank and asked to withdraw 1000 U$D.
I remember the managers face, shocked “sorry, we don’t have that amount, try tomorrow”….
..mmmhhh… a bank that doesn’t has 1000 bucks?? Not good. That same day we went to the bank’s headquarters in the Capital District and emptied our accounts.
I don’t trust these IMF SOBs but here’s a report of the crisis. There are many other s if you search the word “Argentina” and “crisis” on they search box.
http://www.imf.org/external/pubs/cat...cfm?sk=17402.0
It’s really not that easy to detect. I mean, everything was “normal” just a few days before. It all happened too fast. If you are not in that line of work (economy) you’re not likely to tell.
Be cautious, listen to every rumor ( much better information “on the street” than the BS the TV feeds you) it’s better to be a bit overboard and not get caught with your pants down and loose practically everything like most people did.
Generally speaking, you are looking for lack of national productive industry and a weak but strong in appearance, overvalued paper currency.
That’s the general idea, but to really know when, you have to be in contact with people that have inside information.
Most elite were warned and they sent their money abroad, some even ran out of the country in private planes and choppers with gym bags full of money! I kid you not, it was actually caught on tape and we all saw it on the news.
It was insane.
The best advice I can give you is be alert, listen to your friends that work in banks. Don’t just ASK the bank employee. You know what he’s going to say ( “its all ok” !)
My MIL did just that and the guy told her not to worry. The next day the bank CLOSED! They lost about ¾ of their life savings. Yea, nice. Ask a relative or someone you trust a lot, not just an employee or a guy you barley know.
Prepare accordingly too. If I learned one thing out of this, is that we shouldn’t give anything for granted.
And its’ not just related to economy. Anything can happen: Race riots, terrorist attack, or God knows what else, and it will certainly have an effect on economy which may escalate into a domino effect, or not. You never know.
I’m not suggesting anyone to bunker down in the middle of nowhere waiting for the end of the world. God no!, just understand that our society is are relatively fragile fabric, and you never know WHEN SHTF or how bad it will be.
FerFAL
Ive got a new friend who is willing to bend your ear.
