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ThePrufeshanul

Time Frame for Collapse

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OK the straws are in the air - we know a contraction is coming, the only question is when.

Obviously that's important as timing is everything. 

Many people on this board are correct in their analysis but have been severely out with predicting the timing (unless anyone has a working crystal ball it's no surprise that it's hard to predict the actions of banks and governments etc.)

So my question is how QUICKLY do you see the collapse unfolding?

This is important because it will determine how long you have to get out of the burning building.

For example, we have two houses in the UK - not worth lots - but we are selling up in Summer having already moved to the Isle of Man (where we are renting).

We will diversify the money from the sales into shares, bonds and currency which should be liquid enough to move fast if opportunities arise however, if the collapse will happen over the course of a year (for example) it might be better to put the money in a savings account which we will still be able to access if needed.

So how long do you think we all have to move once the downward dip on the roller-coaster starts and what strategy are you using for your finances?

All thoughts gratefully received :)

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