/biz/ - Business & Finance

I keep very little cash on hand. Its really just waste to inflation. I suppose that's not good for emergencies, but I have $5,000 worth of gold in a safety deposit box if things got bad.

I'm sure I could take it straight to a pawn shop in a pinch. Wouldn't get the best price for of it course.

However, even if you have cash, you always get the worst deals when you are in a bad situation.

The real key to this question is to not actually get into those situations. Don't take on debt you can't afford. Don't lend to family members or friends. Don't buy expensive shit. Don't start fights with drug dealers. Don't go to Las Vegas if you can't control yourself. Don't blow your money on investments you don't understand.

Read and weep for your free markets....

http://www.nytimes.com/2013/06/02/opinion/sunday/chinas-economic-empire.html?_r=0

The Chinese want to buy Smithfield Food's for fucksake.

They will have control over your fatty hams you hambeasts.