Fires, Bank Failures, and the IMF
All three of these are current risks. The next few days are critical. 
The current out of control fires in California threaten the Nappa valley. The price of wine could jump.
Nine very big Banks around the world are expected to have reduced profits according to the IMF. This means the availability of credit could drop quickly.
I don't pretend to know the severity of these dangers, but these are Trillion Dollar markets we are discussing.
The current system is all I have ever known. I can't see the future if the global economic system should change quickly. I expect a global bank holiday would be required to make adjustments.
If you need wine to help you think, you might want to stock up!
Here is today's beauty.
Ohhh, a very beautiful picture of the day! And wine!!!! I'm not good at stocking wines. I guess I think too much.
Aloha @doctorjohn! Have a wonderful day!
@doctorjohn
I don't watch television much. But I did see some scenes from
Nappa Valley that were horrible to look at.
Many have died and the body count goes up.
So sad. Where we live can mean life or death at times.
I am not going to worry about the big banks just yet. The "printing presses" can go into full production with some taps of the data keys.
If cash is needed? No problem in today's world. How many helpings do you want? Ha
It will all come crashing down at some point.
But, for now. My guess is more of the same.
I could be wrong though.
Thank you for reminding us of possible problems though.
It is better to be mindful and ready than to dismiss the warnings.
Francis
I am concerned about the bank problem and we will see a new currency in the future but wine I do not care for. Now If it was bourban going up in price. no no no
If a bank holiday comes make sure you have a little cash, food and water. Oh yes also wine or bourbon.
Have a nice day.