Nabb1: I've spent years hoarding canned food and shotgun shells just for this scenario. I will rule this new world.
DamnYankees: Why would there be a bank run? I'm confused.
Isitoveryet: Majick Thise: I have all the money that will still be worth anything locked up in a safe. Also I have guns and neighbors so I won't go hungryi never thought about eating my neighbors.
mediablitz: LemSkroob: mediablitz: I don't need money. I have these certificates saying I own gold. My plan is foolproof.And I have a gun that says I own a gun. I win.My guns say they will treat your guns like long lost relatives after I take them./everybody has guns
FarkingReading: I think about eating her all the time. Oh wait. I think we're talking about different things.
Majick Thise: Most of mine are republican so they would probably be mostly gristle. Definitely not a T-bone to be found anywhere
Majick Thise: I have all the money that will still be worth anything locked up in a safe. Also I have guns and neighbors so I won't go hungry
Necessary: You know, I'm pretty sure it's a felony to incite a bank run, or to impugn the financial condition of a federally insured financial institution. So, yeah. Maybe let's not do that on Fark.
cryinoutloud: Money? I don't need no stinkeen money.
NewportBarGuy: OKObserver: I have personally never seen a bank run before. Wouldn't physics or something get in the way?These days are very different. If the credit markets seize, and they would if someone declared the U.S. in default, your credit/debit card would simply stop working. Society as you know it would collapse.This is what those "evil socialist" programs in 2008-9 helped prevent. GE has to borrow to pay their workers and for raw materials and then they pay it back fairly quickly. Short term lending. The Fed became that lender in an emergency. If they actually declare the U.S. in default, that whole scenario goes right out the window because lending as we know it stops immediately. No one would trust anyone and they would question the solvency of everybody.Basically, all the worst parts of the bible. If the world financial markets can't rely on U.S. debt, the whole system crashes because that's what it's based on. The secret to our power is the U.S. Treasury Bill. And about 13 Aircraft Carrier Battle Groups.
Snarcoleptic_Hoosier: I plan on eating my gold.
mediablitz: netweavr: People still use cash?Chinese food place here in town is cash or check only. Several places around like that.
Pointy Tail of Satan: "Is......is that a bank outside?"[1.bp.blogspot.com image 512x277]
Truther: HOLY SHIAT We're all gonna die!!
OnlyM3: Oh look, the left trying fear mongering.// Nothing is gonna happen (much like their G.W. predictions)
Necessary: what_now: Stating that Bank of America is a cocksucker is not a felony.No, but saying, "Bank of America is going to be out of cash on the 18th, so withdraw yours now because BoA won't be able to survive it" might be, particularly if it results in damage to a financial institution. Just saying "they have bad customer service," perfectly fine. I said impugning the financial condition, not the quality of operations.
cman: Why do we still have bank runs?Besides those who have over 100k in the bank, people don't have to worry one bit
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