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Sales of Safes are on the increase
due to concerns over banks,security .
Safe companies and Locksmiths across
Ireland report that sales of safes are up, some businesses
report increases by as much as 65 percent, because people
are afraid of ailing banks and the uncertainty of how and
if the economy will bounce back. Savers are withdrawing cash
to put in personal safes at home as people lose confidence
in bank's and the economy. More people are choosing to keep
savings under their own lock and key.
The last time a similar increase was
when people were concerned how banks' computers would handle
the Y2K switchover.
The "credit-crunch" we're experiencing
from the distressed housing market is taking it's toll on
financial institutions which were once considered too big
and powerful to fail.
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