gloria1234

4 Recommendations to Defend Against a Financial Armageddon

I had my English students in Shanghai read and write about F Scott Fitzgerald's "Babylon Revisited", in May 2007, commenting that I thought something like it [1929] could happen again. Most scoffed, as China's market was in the stratosphere then. One student told me privately that patriotic Chinese had been encouraged to invest in their stock market, so he had put in 1000 yuan, his allowance for half a year. He lost it all...The above comments notwithstanding, dare I say, I hate it when I'm right! Thank you, Mr. Cara, for your practical suggestions. I own FXF & will look into Swiss banks.