What is next?

@Thoroughrob (11742)
United States
October 8, 2008 7:16am CST
What happens when a country files for bankruptcy? Iceland announced today that they may have to. They have froze all accounts. It sounds like this could really get scary! What are you doing to prepare, if anything?
2 people like this
5 responses
@Lakota12 (42600)
• United States
8 Oct 08
Didnt know a country could do that. They put all moneys in one basket? not doing anything havent got the money to do anything with. Have to depend on my check!
2 people like this
@Thoroughrob (11742)
• United States
8 Oct 08
I guess there is alot we aren't aware of. I did not either. What happens with that country? It is all just strange.
2 people like this
@Lakota12 (42600)
• United States
9 Oct 08
yup it is!
1 person likes this
@drannhh (15219)
• United States
8 Oct 08
Oh, this isn't funny but we are all dying to say it--Brrr, Iceland is so cold that one would think their accounts would always be frozen! Well, when we lived in California the state froze our paychecks on more than one occasion, in one case printing something like an IOU to hold until they got enough money to pay us. Did you notice, too, that one of the people reporting this coincidentally has the name Arial Storm. Here that is called a "namephreaque" I believe. They will probably just nationalize their bank, don't you think?
1 person likes this
@Thoroughrob (11742)
• United States
8 Oct 08
Not sure how they do that.
1 person likes this
@eaforeman6 (8979)
• United States
8 Oct 08
three crosseson the hill, religon - three crosses on the hill, religon
I really dont know what we can do as far as prepreation goes. They have everything so costly even stocking up on food is getting almost impossible.They have not only put us in horrible condition but it will get down to them too.We need to be very careful about spending and keep our eyes wide open....looks more and more like biblical prediction to me.
@Thoroughrob (11742)
• United States
8 Oct 08
It is isn't it.
1 person likes this
@twoey68 (13627)
• United States
10 Oct 08
I've never heard of a whole country going bankrupt but I guess in a sense that is what happened to the US during the Great Depression. I don't know if that is what is coming that there is anything that anyone can do to prepare. [b]~~IN SEARCH OF PEACE WITHIN~~ **AGAINST THE STORMS, I WILL STAND STRONG** [/b]
@dragon54u (31633)
• United States
10 Oct 08
Well, I always have about a month's supply of food stored but I'm going to try to increase that. My savings were depleted by having to repair my chimney and I'm trying to get that built back up but if money is useless, I don't know what I'd do with it! This is a very scary time. My mom was young during the Depression and she says there are a lot of similarities between then and now. I hope it won't get that bad!