What to Do to Prepare for Financial Collapse: “Get Out of Debt. Store. Prep. Cash. Gold.”
Prepare by balancing debt. Before you max out your credit cards on top notch gear, make sure you can survive the economic conditions that are coming.
Mass unemployment. Loss of income. Heavy dependence on assistance. And the biggest strain on the system we can imagine.
The United States is once again brought to the brink of collapse. Regardless of how dismissive mainstream voices are on the issue, it is clear that Americas is only a few shades and another crisis away from an all out return to the Great Depression era.
In 1929, it was a banking collapse that spread the panic, but it was the fallout in the heartland where its effects were felt. The means of survival become very difficult for the working class.
The comforts disappear, and even items like toilet paper are hard to come by. People line up in droves for handouts, because they are too desperate to do without. The proud become embittered as they wither to the bone, and people in the 1930s depression-era were hedged much better in mostly rural settings, with the ability to grow their own food.
Today, populations rely almost entirely upon deliveries, stocks and stores. All that could be gone in a matter of hours. If trucking were to halt, shelves would be empty and people would be rioting within three days, especially if EBT and other payments stopped or were cut off.
Beyond the flashpoints and headlines, investment dries up, small businesses cease. Goods stop flowing, inflation makes everything unaffordable anyway. Between a jobs shortage and a dysfunctional economy, it means hard times, whether then or now.
So what should you do? How should you handle this harsh reality?
Bill White at Survivopedia.com gives this detailed advice:
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