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     7 years ago (edited) 

    Exactly.

    Look at what happened in Greece. They shut down cash withdraws. Then reopened and put a daily limit.
    Any cash held in banks should be withdrawn NOW while you still can.
    Any unpreserved amounts held in superannuation accounts should be liquidated into cash reguardless of the taxation sting you're going to suffer.
    Pension funds that can be cashed out in a lump sum, do it.

    Meh, let them have their pound of bleeding tax flesh and let them choke on it.

    Again, look at what happened in the P.I.G.S nations.
    It's the same central bankers who ripped the rug out from under the bank customers there
    that will be ripping the rug out from under the rest of us when this thing bursts.
    Anyone and any nation with exposure to the American petro dollar will suffer.