Thursday, June 14, 2012

Bank holidays

I'm not talking about national holidays when banks take a day off work with the rest of us.  Bank holidays are something completely different. It's when banks are closed, often unexpectedly, to let government and management deal with a financial crisis.

Bank holidays happened in the 1930s, but lifestyles were different then. Grandma and Grandpa usually had cash under the mattress or in a cookie jar. Credit cards didn't exist.

Have you ever pondered what a bank holiday might look like our largely cashless age of credit cards and automatic on-line payments? offers some points for your consideration.

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