"They Even Survived The Great Depression": Close Bank Accts, Go Credit Union

[G.L.R.]

How to Put Money in a Safe Place During a Recession

When the economy looks like it's about to collapse and you have money in the bank, then you might start to panic. The banking system is falling down like a stack of cards and your money is getting tampered with through fees you have to pay to the bank. The banks are ripping their customers off more then ever before. Here's some tips on how you can stop all the madness.

The first thing you need to do is join a credit union. The credit union is a safe place to bank at and they cater more towards their customers. The best thing about credit unions, is that they have high interest savings account and they don't charge outrages fees. You can also go to other credit unions and do transactions. If you don't want to fall a victim to the banking system, then you should take your money out the bank and close your account. The credit union even survived the great depression. Put your money in the hands of people that really care about your financial situations.

Now that you closed your bank account and switched to a credit union. The next thing you have to worry about, is your dollar losing purchasing power. You should invest your money in a investment, that will retain your money's value. You can invest in hard assets that will protect your wealth from inflation. The best hard assets to invest in, is precious metals like sliver, gold and platinum. When the dollar drop in value rapidly, then these investments start to gain value. There are different ways you can buy precious metals. If you want to hold the physical metal, then I would buy sliver, gold and platinum bullion coins...

How to Put Money in a Safe Place During a Recession | Sapling
https://www.sapling.com/4858405/money-safe-place-during-recession

[G.L.R.]

I've already started doing this - closing bank accounts and gone back to the credit union. I've actually been through a list of banks and even a couple of credit unions. I don't like what they did to the truckers and don't trust them one bit now. There are 5,000 credit unions in the U.S.

[Rev.Cambeul]

Credit Unions are just as bad shutting us down ... but if they work for you.