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@hugo7
That's not even vaguely true.
No real-world examples to cite (yet), but use your imagination; In any sort of post-apocalyptic scenario, money ceases to mean anything...
....somebody could hand you a bag with five million quid cash in it, and it would only be of use as campfire fuel. If they handed you a PRACTICAL OBJECT such as a shovel / knife / rifle or taught you a SKILL, those things are (at that point) worth infinitely more than money.[/QUOTE]
Just to come back to this...
My point was that 'value' can only be defined in relation to something else. Therefore nothing can have any 'real' or inherent value. Of course you're right that in a post-apocalyptic world cash is less useful than someone teaching you how to sharpen a knife without a whetstone when yours is blunt.
But today, right now, there is essentially zero attributable value to someone teaching you how to sharpen a knife without a whetstone when you can; youtube it for free, walk to a shop and buy a whetstone with money, take your knife to a shop and pay someone to do it, etc. etc. etc.
Planning for some sort of end of the world scenario doesn't strike me as the practical or sensible route. Also to date it rarely happens just like that (happy to be proved wrong). Much more relevant and realistic scenarios are war or *serious *economic collapse.
For that there *are *equivalent situations in history. Which German Jews did 'best' (for want of a better phrase) in the late 1930-40s? Those that knew how to defend themselves? Survive in forests? etc. or those with lots of money and/or influence who left early? I don't know enough to comment on Argentina, but I would guess that applied their.
If you're worried about the UK economy suddenly coming to an end you're best bet is just to try and accumulate all the assets you can, diversify and jump ship at the right time.