Today, millions of Americans say that they believe that the United States is on the verge of a major economic collapse and will soon be entering another Great Depression. But only a small percentage of those same people are prepared for that to happen. The sad truth is that the vast majority of Americans would last little more than a month on what they have stored up in their homes. Most of us are so used to running out to the supermarket or to Wal-Mart for whatever we need that we never even stop to consider what would happen if suddenly we were not able to do that. Already the U.S. economy is starting to stumble about like a drunken frat boy. All it would take for the entire U.S. to resemble New Orleans after Hurricane Katrina would be for a major war, a terror attack, a deadly pandemic or a massive natural disaster to strike at just the right time and push the teetering U.S. economy over the edge. So just how would you survive if you suddenly could not rely on the huge international corporate giants to feed, clothe and supply you and your family? Do you have a plan?
Will the bottom fall out of this thing? Will a true economic collapse take hold of our world?
No one can really be certain, but you can be certain of the 5 things you should do on the day of the economic collapse.
At the very least you can create a plan.
1. Providing Food for Your Family
The day the economy collapses, make time, go to the closest supermarket and buy some long term emergency foods or simple: white rice, grains, canned foods, etc. Without food you are not going to survive. More so, just like gold – food is one of the best currencies in a crisis, and unless it spoils you have absolutely nothing to lose. People will trade ANYTHING for food.
During famines people ate a lot of “nasty” stuff, and even resorting to cannibalism (no kidding – a lot of times).
2. Consolidate Your Job Position
You know better what this means to you. It can be: settling a dispute with your boss, colleagues, or doing a job you previously postponed for days, or inviting your boss for dinner (Hope this doesn’t mean you have to kiss some a$$). When that person who makes the decisions has to fire some staff, just make sure the rational and emotional arguments are on your side. You know better what and how to do. Be smart, not vain!
If you own a business or you are your own manager then consolidate the business! This can mean renegotiating contracts with providers or making new partners.
3. Redistribute Your Money
If all of your money is in one single bank account, you might end up with none if the bank goes bankrupt. The day the economy collapses, go to the bank and withdrew a large part of your money and move them into different bank account (other banks). Keep part of them in cash and part of them invest it (buy) in something that doesn’t devalue
4. Plant Anything and Everything You Can
In the 20th century starvation killed 10’s of millions of people. Communists used it as a weapon of their culture wars, and it devastated the people of Russia, China, and North Korea.
There is a good chance that you will have a garden growing but you need to rapidly expand food production to its limits. If you have grow lights for sprouting seeds then you should be growing food indoors, too!
5. Look for Help
Last but certainly not least you need to find out who can help you.
While it might feel good to assume you are prepared for everything and able to weather any storm, you should never be too proud for help. There might be organizations or people around you that can help if you get in trouble. Knowing who you can trust and who you can depend on for help is critical.
All the signs are flashing. We are headed towards some kind of economic reckoning. If you take advantage of these 5 things, then you will be way ahead of the pack.
There are tons of preparations that you can make now, during the leadup. However, when the moment comes and you cannot get money out of the ATM or the deliveries of food stop coming to shopping markets, you need act.