Where to right now?
So what changes are people making right now/these next two weeks in their lives in light of the likelihood that Greece will leave the Euro, that the Euro might collapse, that BHP has today cancelled $80bn worth of projects etc...
I heard yesterday (in a television report about the declining rate of cheque usage in Australia) that Australia only has about 12-16% of it's 'currency' in actual cash, the rest is electronic. This is making me consider plans around having healthy access to cash - particularly in smaller bills (and the plans have to be about realistic security related to that too). Not a lot of cash, but enough to get through a week or two if there is an electronic failure (we've seen a few big banks have total electronic banking failures of one kind or another in the last couple of years, largely due to the older IT programs they have built over and onto like a card house). This is different to stock holding/cash hoarding though.
Also have made a decision to always keep the car fueled now with enough to go back and forth to our country location/nearest city.
Have noted that the large shipping companies have declined to return to Australia to resume the live cattle trade our PM sostupidlyspectacularly stopped. Wonder what else might get similar treatment.
What else are others doing out there in light of current changes? What am I missing?
I heard yesterday (in a television report about the declining rate of cheque usage in Australia) that Australia only has about 12-16% of it's 'currency' in actual cash, the rest is electronic. This is making me consider plans around having healthy access to cash - particularly in smaller bills (and the plans have to be about realistic security related to that too). Not a lot of cash, but enough to get through a week or two if there is an electronic failure (we've seen a few big banks have total electronic banking failures of one kind or another in the last couple of years, largely due to the older IT programs they have built over and onto like a card house). This is different to stock holding/cash hoarding though.
Also have made a decision to always keep the car fueled now with enough to go back and forth to our country location/nearest city.
Have noted that the large shipping companies have declined to return to Australia to resume the live cattle trade our PM so
What else are others doing out there in light of current changes? What am I missing?
