Could You Survive Total Economic Collapse?

Could You Survive Total Economic Collapse?

Could You Survive Total Economic Collapse?
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By WriterGig

The Coming Economic Collapse

Economists at People for a Perfect Economy show without question that there is a 100% chance of worldwide economic collapse based on the current banking system in the U.S. and around the globe. Calculations and projections created during the Reagan era, and presented to his administration and those following, indicate that the system will collapse in about 2010-2015. Policies by the Federal Reserve may change that date by a few year in either direction; however, the only thing that would prevent an eventual economic collapse is a mathematically perfect economy. Even gold and silver, while good hedges against inflation and a way to preserve wealth from the ravaging effects of inflation, can not be the entire solution. In the end, only an interest-free economy is sustainable.

Surviving Economic Collapse

What could cause a total economic collapse in a country like the United States? Perhaps ....

Currency collapse. Global epidemic. Stock market crash. Government corruption. Peak oil. Terrorism. Rapid monetary deflation.

The possible catalysts for a total financial collapse of a major country, such as the United States, which could trigger total economic collapse of much of the world, are numerous. There are those I've just listed, dozens people have predicted and possibly several nobody has thought of.

Are you prepared for dealing with an economic collpase? What about an economic recession or depression?

Think of the USMC "P Rule", or in other words, proper prior planning prevents piss-poor performance. Pardon the crude language, but it gets the message accross. Prepare now, while you can.

Money As Debt: Fascinating
Debt and Economic Instability

The economy of the United States, currently based on debt and spending, is not sustainable. There is no solid backing to our money, our paper notes are not tied to solid gold. We spend and put the balance on a credit card, and the government does the same thing.

How long can our economy -- and our personal finances -- survive in the "red" of debt? I highly recommend watching the "Money as Debt" movie. It is incredibly eye-opening, and entertaining.


Inevitable collapse of the U.S. dollar
Preparing for Economic Recession

Ideally, a paid-for house, passive income streams and land to raise food would be the best preparation.

While that is not realistic for everyone, work toward that scenario as a goal. The steps you take along the way will get you into a better position than you are likely in now.

Even a few acres, tended properly, could provide adequate food for times of severe economic crisis. For example, even a few chickes will provide eggs every day, which provide a concentrated amount of nutrition and essential fats. Add some potato plants and apple trees to the mix and you're getting started.

Learn basic skills such as cutting and chopping wood, tending a garden and repairing a roof, all of which would come in handy during a survival scenario.

Build a library of informative books about animal care, nutrition, cooking from scratch and outdoors skills.
The Truth About The Economy: Total Collapse
Financial Armageddon: Protecting Your Future from Four Impending Catastrophes, Revised and Updated Edition Financial Armageddon: Protecting Your Future from Four Impending Catastrophes, Revised and Updated Edition
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Gold & Silver
Fiat Currency and Silver

Trade dollars for silver and gold bullion while the dollars still have some value.

First, however, buy neccesary tools and supplies, which will be most neccesary in times of trouble. Silver shoudl be used primarily as a tool to hold the value of your money. You can sell silver coins as you need the cash.

Cash out of the stock market before it crashes. Personally, I sold my stocks in Novemeber 2007 when it dipped below 1400. Now it's hovering around 1200; personally, I would sell before it drops to 600. Of course, it could jump back up to 1600, but only take a chance if you have the money to lose.

You can hold silver coins and bullion in an IRA or in your own possesion, depending on your needs.
How to Invest in Gold and Silver: A beginners guide to the ways of investing in precious metals for safety and profit How to Invest in Gold and Silver: A beginners guide to the ways of investing in precious metals for safety and profit
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Precious Metals Investing For Dummies (For Dummies (Business & Personal Finance)) Precious Metals Investing For Dummies (For Dummies (Business & Personal Finance))
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Junior Mining Investor: 14 Natural Resource Experts Show You How to Invest Profitably in Emerging Gold, Silver, Platinum, Base Metals, and Uranium Mining and Exploration Stocks Junior Mining Investor: 14 Natural Resource Experts Show You How to Invest Profitably in Emerging Gold, Silver, Platinum, Base Metals, and Uranium Mining and Exploration Stocks
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Surviving in a Bad Economy

Minimize expenses and maximize income. Of course, if everyone does this, money will be tight for a while. But you can't afford to simply spend like you used to. Prepare for possible loss of income by spending only what you must and saving the rest, or buying tools, silver and food supplies.

Work with others in your community. Barter and trade. Offer to fix someone's car in return for help with your leaky roof, or vice versa. Consider startigna small local currency, similar to the Ithace Hours concept, to trade rather than money that is hard to come by.

Find a niche that will help others weather the tough times, and make some money at the same time. Look into food production. For example, start a small-scale poultry farm, as a means to feed your own family and provide local food to others.
The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel
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Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books) Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books)
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Resources

* Ultimate Family Preparedness Pak
Emergency supplies, freeze dried foods and family preparedness kits and resources.
* How to Survive Total Economic Collapse | eHow.com
How to Survive Total Economic Collapse. Is total economic collapse just around the corner? As the U.S. dollar weakens and the price of goods such as oil, grain and gold rise, many fear for the economic stability of the country. So how does ...
* Ron Paul on The Inflation Tax
Inflation and how it affects us, by Congressman Ron Paul, the leading advocate for freedom in our nation's capital.
* How to Barter in an Economic Collapse | eHow.com
Knowing how to barter in an economic collapse could be just an interesting concept -- or it might turn out to be a critically important skill to have. Know what to stock up on, in preparation...
* Homeland Stupidity
Read about the coming economic collapse at "Homeland Stupidity." Also, info on government gaffes, bureaucratic blunders and incumbent incompetence.
* Bullion Direct: Live On-Line Trading
Bullion Direct gold and silver trading and catalog purchase.
* Liberty Dollar
Inflation-proof your money with the Liberty Dollar and survive the dollar's demise.