Hungarian Politics

[Martinus]

The people on Paradox think it's all just leftist scaremongering and what Orban does is basically fine.

The people at Paradox are like a bunch of people here in Poland. They are not worth the bullets you'd have to put in their brains.

[Martinus]

Also, if the EU started throwing their weight around, would people rally to the government?

I'd guess that's inevitable.

You can have bank accounts in other EU countries if you're non-resident:
http://ec.europa.eu/youreurope/citizens/shopping/banking/opening-bank-account/index_en.htm

I'll have a look and see if there's any non-expat ones in the big UK banks.

Nice. Btw, I love how the example of the story about an expat opening a bank account abroad uses a Hungarian.

Prophetic?

[Admiral Yi]

Convert your forints to euros and stash them in your mattress.  Serious suggestion.

[Martinus]

Convert your forints to euros and stash them in your mattress.  Serious suggestion.

According to the news I read, there is a shortage of Euros in Hungary right now so that may be undoable.

[Tamas]

Tamas, who would win if they held elections today?

FIDESZ, Jobbik second
But, like, almost 70% percent of people are undecided in the latest polls.

Also, if the EU started throwing their weight around, would people rally to the government?

Could be. Hard to tell really.

[Tamas]

Convert your forints to euros and stash them in your mattress.  Serious suggestion.

According to the news I read, there is a shortage of Euros in Hungary right now so that may be undoable.

It's not that severe. Euro is just at record highs against the forint.

[PJL]

Also, if the EU started throwing their weight around, would people rally to the government?

I'd guess that's inevitable.

You can have bank accounts in other EU countries if you're non-resident:
http://ec.europa.eu/youreurope/citizens/shopping/banking/opening-bank-account/index_en.htm

I'll have a look and see if there's any non-expat ones in the big UK banks.

By the looks of things, it might be better to empty your savings account & buy gold/silver just in case it was problematic transferring to another bank in another country if things are really bad and there was a run on the currency you had the savings in.

[Martinus]

Convert your forints to euros and stash them in your mattress.  Serious suggestion.

According to the news I read, there is a shortage of Euros in Hungary right now so that may be undoable.

It's not that severe. Euro is just at record highs against the forint.

I hope you guys collapse fast and something is done. You are making the whole region look bad.

Btw, HSBC is predicting zloty going up against euro and dollar by 20-30% during 2012. I wonder if this is real or are they just unloading some huge quantities of zloty futures soon. 

[Martinus]

Also, if the EU started throwing their weight around, would people rally to the government?

I'd guess that's inevitable.

You can have bank accounts in other EU countries if you're non-resident:
http://ec.europa.eu/youreurope/citizens/shopping/banking/opening-bank-account/index_en.htm

I'll have a look and see if there's any non-expat ones in the big UK banks.

By the looks of things, it might be better to empty your savings account & buy gold/silver just in case it was problematic transferring to another bank in another country if things are really bad and there was a run on the currency you had the savings in.

Isn't gold about to crash?

[Tamas]

The people on Paradox think it's all just leftist scaremongering and what Orban does is basically fine.

I'll might head there and kick some ass. Fuckin' rightwing teenager scumbags.

[PJL]

Also, if the EU started throwing their weight around, would people rally to the government?

I'd guess that's inevitable.

You can have bank accounts in other EU countries if you're non-resident:
http://ec.europa.eu/youreurope/citizens/shopping/banking/opening-bank-account/index_en.htm

I'll have a look and see if there's any non-expat ones in the big UK banks.

By the looks of things, it might be better to empty your savings account & buy gold/silver just in case it was problematic transferring to another bank in another country if things are really bad and there was a run on the currency you had the savings in.

Isn't gold about to crash?

Possibly in a normal currency, but not in a dodgy one. You might lose a bit, bit not as much as keeping the savings in such a currency. If there's one thing history tells us, is that nothing moves faster than a currency collapse. Including the speed of light...

[Zanza]

Aren't Austrian banks those with most exposure to Hungary? If Hungary goes bankrupt, they may get problems too. So maybe an Austrian bank is not optimal for you, Tamas.

[Tamas]

Aren't Austrian banks those with most exposure to Hungary? If Hungary goes bankrupt, they may get problems too. So maybe an Austrian bank is not optimal for you, Tamas.

I really have no idea what to do.

If the situation somehow turns around, there would be significant losses if I had the money in foreign currency.
On the other hand, if there is a collapse, the future of my family may be jeopardized.

Very uncertain situation and I am getting more and more furious by the day to be dragged into this by a generation of post-socialist cowards posing as leaders.

We will make Greece look like a success story, just watch.

[Zanza]

Despite living in what is probably the safest Eurozone country at the moment, I also wonder how to protect against a possible currency change. I consider buying real estate. I am late with that though because the prices have already risen considerably in the last year or so.

[alfred russel]

We will make Greece look like a success story, just watch.

That doesn't seem very farfetched.