SOLAR STORMS, MONEY AND SELF PROCLAIMED BANK HOLIDAYS
Money And Bank Holidays: If you are up to speed, then you realize that banks will not be able to operate during a bad solar storm and may not be able to get back up and running for upwards of a year or more. Example: If electronics take a bad hit all over the world and need fixing, it will take years for manufactures of electronic components to catch up with supply and demand. Even if banks manage to get new computer systems up and working within a few months or so, there will be a run on money from account holders. When this happens, Banks close their doors without warning and declare a Bank Holiday. It could be a year or more before banks get back to normal everyday business.
And until power is restored, banks can't open anyway. If you have the resources, it's strongly recommended that you have plenty of liquid assets available to you, such as gold, silver and or cash as credit cards and checks as well as withdrawing cash from a bank will be a thing of the past until much of the economic infrastructure can be repaired. Not to mention that most if not all of our satellites that banks depend on will take years to replace with new ones. Keep in mind that your monthly bills most likely will either go down or go away altogether for a few weeks or for a few months, all depending on just how bad this solar storm really is NASA swears is coming.
Since banks would not be in operation and electric companies could not bill you for electricity that you're not getting anyway, along with mortgage companies and other bills that either use electronic billing or the post office, little to nothing will be running, so most of your bill collectors, if not all of them, will not be able to function in the first place for a good while. There by what money you have on hand can be used towards things that you sure in the heck wish you had money for. Example: A neighbor has a surplus of something you and or your family needs badly, and your neighbor would like something in trade for it, but you have nothing that your neighbor wants. So if you don't have cash to give him, you're just out of luck. At some point the stores will start to operate once again, and then there will be a run on the money. However, you'll have money, that is... if you are able to set some aside now while you still can.