What do you need to do to prepare for the coming economic collapse? by themevlog

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· @themevlog ·
$0.48
What do you need to do to prepare for the coming economic collapse?
# It shouldn't be a mystery to anyone that has been paying attention to what's going on in the financial world that our economy is in a dire strait.  It's also no mystery in order to payoff interests on debt, United States has been pushing that print money button 24/7  like a 4 year old child pushing the horn on his toy truck.  First thing we need to understand about an economic collapse is that the value of our dollar is going to be worthless, you can look up what happened during Weimar Republic where people have to use a wheel barrel full of cash to buy a loath of bread.  There are many other economic collapses that can demonstrate why your paper money will be worth no more than the paper that it 's printed on.  During an economic collapse there will be food shortage and there will be mass famine and chaos throughout the cities.  With all that being said, safety will be an issue during this period of chaos, there will be protests and looting across the cities.   I know the mental picture that I just painted for you is dire and full of fear but it is reality.  I am here to help you organize yourself so that you can be ready, so here are the things you need to be doing to prepare for the coming economic collapse:

<center>![](https://steemitimages.com/DQmcuwUuyEeny4fCxvCpjw8N8o4967YpZ2uASrVUWteMJna/image.png)</center>
source: google image

* Acquire tangible assets that can retain purchasing power such as gold, silver and painting.  The general idea is you have to buy items that suits your personal situation.  For some people it could be a piece of land or a watch....you get the idea.  Also, keep in mind you can also store some bartering items such as toiletries, first aid kits, etc.*

* You will need to store food and water for at least 3 months out. For food storage I personally do not recommend MREs (Meals Ready to Eat) because not only do they taste horrible but it's extremely unhealthy for you.  Personally I'd go with items like rice, beans and some canned foods of your choice.  I prefer these items not only because you can store them for a long period time (especially if you vacuum seal) mostly because they don't taste like the processed "franken" foods like in MREs.  As for water, just save some jugs of tap or filtered water.  You can either reuse the jugs you have left over from milk/juices or you can buy several of the 5 gallon water jugs (I recommend this).*

*Self defense will be necessary as during this period of chaos security for you and your family is going to be a major issue.  You will need a weapon of some sort to defense your home or even your car while you are on the road.  I think a 9mm pistol or a .22 caliber pistol will be the ideal choice since these calibers are more common and easier to find.  If you are not gun friendly then maybe go pick up a machete at your local Wal-mart Superstore where you can do some whale watching while you shop :)*
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@nzfxtrader · (edited)
The next big collapse will happen in the near future, it will be bigger than 2008! Much bigger...

Here are some of the things worth focusing on in preparation:

- Preparing Your Finances
Start an emergency fund. f you are living paycheck to paycheck and you lose your job during an economic collapse, you are at risk for losing your home and living in poverty. 
- Have some cash on hand. 
Depending on where you have it, money in your emergency fund might be hard to liquidate
- Generate an additional source of income. 
Start a home business as a second source of income. If you lose your job because of an economic collapse, it might be difficult or even impossible to find another job. 
- Get out of debt. 
In a financial collapse, many people are going to lose their jobs and their homes. To prepare for this possibility, you should make a plan to get out of debt as quickly as possible. 
- Store emergency water and food items. 
In the event of an economic collapse, it is possible that your power and water supply might be interrupted, or that you will not be able to pay for these things. 
- Stockpile food. 
The kind of food you store up for an emergency is different from the groceries you purchase each week. You need to get food that is non-perishable.
- Start a vege and fruit garden. 
A garden allows you to continually have fresh, nutritious food to supplement your emergency food supply. Also, in an economic crisis the cost of living might skyrocket. 
- Create an emergency kit. 
This is a collection of household items you might need in an emergency. In the event of an economic collapse, you may not be able to shop for these supplies
- Gather first aid and medical supplies. 
You can purchase a first aid kit or put one together yourself. Either way, make sure it has all of the necessary supplies.
- Preserve meat and fish. In an economic collapse, food stores could become dangerously low. If you are going to stock up on meat and fish ahead of time, you will need to know how to cure it. 
- Create two sources of electricity. 
One source could be solar. Hook it up to your home and then run the system discretely underground. 
- Purchase self-defense tools. 
Self-defense tools are generally non-lethal. They are used to fend off an attack by rendering the attacker ineffective.
- Set up an alarm system in your home. Wireless security systems are easy and inexpensive to install and maintain.

![Economic-Collapse.jpg](https://steemitimages.com/DQmTU4JnJWYFF4TxKitU1TQ4EUvisdfiwfiBkiv2b4c6ZyZ/Economic-Collapse.jpg)
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@themevlog ·
wow! holy cow...what an response you got here!  Thank you though...my was just simplified poor man's preparation but yours is totally decked out!
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@nzfxtrader ·
... might help someone out there! ;-)
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@minnowsupport ·
<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by themevlog from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>

<p>If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.</p>
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