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Tuesday, December 20, 2011

Stocking up for Doomsday: As economists predict meltdown, meet the families ready for the worst

Stocking up for Doomsday: As economists predict meltdown, meet the families ready for the worst | Mail Online: "Picture the scene: It’s the end of January 2012 and already it is clear the year to come will make that which has just passed seem something of a picnic. The last strains of Auld Lang Syne had barely faded before Greece defaulted on its debts. Over the next few weeks, Italy and Spain will follow.

Across Britain and the Continent, bank after bank goes down, a domino effect exacerbated by panicking customers desperately withdrawing their savings. Where three years ago the giants of High Street banking were seen as too big too fail, now they are too big and too many for any Government to save.

Panic ensues. Within hours, the cashpoints are empty of money and the supermarket shelves stripped bare."

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