Been fretting about insolvency coming to America. Don't know exactly what to do. Have removed a small amount of savings and stuffed in the closet. Want to empty both our substantial accounts without garnering government attention. Trying to figure ir out.
Don't leave money in the bank bro.
Brother, does Australia Banks have something similar to USA's FDIC?
Yes the RBA that just went broke. But don't worry it's guranteed by the tax payer. < s/
If you think something is going to meltdown and I mean you see the signs everywhere then take all of your cash and convert to a stable coin. Buying and selling crypto is like any other investment. You'll be taxed to convert back. ONLY do this if you think you have to.
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