Just how bad will things get?

[kimigonzales]

Originally Posted by waqasahmed

And they can't exactly just change back to dealing in physical gold, rather than paper, in one night. Someone told me that if you went to the bank and had £10000 in there, and you take out £5000, you can actually take that amount out back in gold! But if everyone did it, the banking system would be in a worse state that it is in now

It will never go back to gold standard - we've moved away from that. If it did, it would take decades (minimum). If it's true about the banks offering gold, that does seem a good deal just now!

[waqasahmed]

True, not sure how true the statement is though

[kimigonzales]

Originally Posted by waqasahmed

True, not sure how true the statement is though

What statement mate???

[waqasahmed]

Originally Posted by kimigonzales

What statement mate???

take out £5000, you can actually take that amount out back in gold!

that statement

[kimigonzales]

Originally Posted by waqasahmed

that statement

Oh right. Cool mate.

[fj1200]

I've just heard Marks and Spencer are in trouble. They've decided to join forces with Pound Stretcher and call themselves....Stretch Marks!