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All it’s causing is yet another boom<br />
and bust cycle and the question nobody<br />
is asking themselves is just how many<br />
more of such cycles can the global<br />
economy absorb before it totally<br />
disintegrates? As an individual, the<br />
time has come for you to take your<br />
proverbial “destiny in your own hands”<br />
and begin to create hedges/safety nets<br />
to mitigate the fiscal incompetence of<br />
global governments. The steps you<br />
should take in order to mitigate the<br />
threat of banks freezing your cash as<br />
they did in Cyprus are as follows:<br />
Firstly you should always have<br />
enough cash in your house or in a<br />
safe place elsewhere to be able to<br />
take care of yourself and your<br />
family for at least 3 months, so that<br />
if the government in the nation<br />
where you’re currently domiciled<br />
decide to pull the same stunt on you<br />
as they did in Cyprus, then at least<br />
you and your family can survive.<br />
32<br />
Secondly, you should begin to look<br />
at secure ways to keep more of your<br />
cash outside of the banks, so that in<br />
the eventuality of banks freezing<br />
your account and demanding that<br />
all the citizens should use their<br />
savings to bail out their<br />
government, you will not be too<br />
adversely affected.<br />
Unfortunately, these are the measures<br />
that we all have to start taking to<br />
protect our <strong>money</strong> so that we don’t<br />
become the unfortunate victims of<br />
failed government economic policies.<br />
We cannot dictate the behaviour and<br />
conduct of those public officials who<br />
we elected to serve us but we can<br />
certainly do whatever is deemed<br />
necessary to protect ourselves and our<br />
children from their fiscal and economic<br />
mismanagement.
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