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Surviving Economic Collapse

Imagine waking up one morning to find that the dollar has crashed around the world, being declared worthless by all the world’s banks. Imagine, if you will, the stock market losing 90 percent of its value in a day; stock exchanges close until further notice; within days, most of America’s banks close; most of America’s wealth vanishes within a week; thousands of people go on panic-stricken rages killing themselves and others; real depression sets in. This is one possible description of what I call total economic collapse. It is amazing how close we may be to the reality of this, today.

 

If you do not think this is possible, then carefully study the 1929 stock market crash. Study, and you will learn that history proclaimed that millions of American citizens died from starvation over a period of eighteen years. There was no one there to take them in; no government to provide for them; no jobs, money, or food. In time, soup kitchens and government work programs began to provide for many people. The problem was living until help arrived, if it ever arrived at all. Consider the Fall of 2008. How close did we really come to total economic collapse? Are we really out of the woods yet? I can barely fathom all the economic troubles that have occurred in the last six years. Is it over?

 

Should an economic collapse occur, and I believe conditions are right for such an event to be possible, what will people have to do to survive? Will our government take care of us? Survival actions discussed throughout this book may have to take place; and in some cases survival reactions may occur just as in any disaster, but economic collapse presents a unique set of circumstances. All of your wealth suddenly vanishes. Bartering (and the use of debt) is covered in Chapter 11 on money, but economic collapse will require more than the ability to barter or borrow. Everything you own—including your home and all your possessions—may suddenly become someone else’s, especially if you owe for them. You may suddenly find yourself living on the street. It is happening to decent, hardworking Americans every day. If you do not believe that money lenders will kick you out and leave your home empty, then just study the history of the Great Depression. Study the many foreclosures taking place, today, and those that have taken place since 2008. Study the true world economy of now, the spring of 2013. Most people will tell you that it is not getting better. Wars are breaking out or continuing in many small countries. Many people around the world are getting hungry. Is world war near?

 

Buy canned food and bottled water, now! Do not wait! Study Chapter 11 again. If you buy a few extra cans of food and water each time you go to the store, with a minimum of a one- or two-year “best by” date, you will not bust your budget, and if prices continue to rise, you would have made a good investment. If the economy crashes, you will have some food to eat or to barter with, at least for a little while. 

 

(Excerpt from "Survive Until The End Comes" page 167 "Total Economic Collapse")

 

Economic Collapse
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