How To Survive The Coming US Financial Collapse
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What You Need To Do Now
Lots of people do not really understand how these massive financial problems of today are going to impact them. We think that government will take care of the problem and life will go on as usual. Pray and pray very hard that the bail out will work or you and your children could end up dying of starvation in America, land of plenty. This is no exaggeration, and I will explain why in detail.
If you are one of the people against the bailout, then you simply do not understand the whole problem. (Of course the pork in the bailout is just ridiculous, and I do not understand at all how something like this gets in a bill.) However, without this bailout, many companies would simply go out of business. They might anyhow. So how will this affect you?
If you are one of the people who work for that business, which does not have a credit line to pay it's employees, then you will lose your job, unless you don't care if you get paid every week. Multiply that millions of times over and you will start to see the big picture.
Even if you are lucky enough to keep your job what are you going to do when you can't buy gas or groceries because there simply are no stores or gas stations that are able to stay open? What are you going to do when you can't get fuel to heat your home, because those companies are now also out of business? Can you see how the house of cards is going to collapse?
The worldwide financial collapse of 2008 will probably be the biggest event in human history! None of us are safe, even if you have money, that money may just turn into plain old paper. You will be better off if you have real goods to barter with. Barter will probably be the only way you will get what you need to stay alive.
There may be marshal law because people will run wild in the streets, looting and killing for food. Of course, we will be lucky if there are any laws at all. It may well be every man for himself. It will be a nightmare that few of us will understand.
You need to think about what you can do to keep your family alive. The first thing you need to do is protect yourself and your family. If you don't have a gun, I would suggest that you get several and plenty of ammo. The next thing I would get are electric space heaters. I think the government will be able to keep the electric companies going and all of America will have electric in their homes, even if they cannot pay for it. I would certainly not rely on your LP or natural gas provider unless it is government owned.
Next I would go to the grocery store and stock up on as many canned goods as possible. I would not waste money on these survival foods that people are trying to sell over the internet. That kind of food is very expensive, and it tastes terrible. Canned food is still your best bet and it will last for many years.
Although many places will go out of business, I think Wal Mart will still be open, however you will need transportation to get there. You might want to buy a bike so that you do not have to worry about gas supplies.
How long will all of this last? I don't know, but the government should be trying to get things back to normal again. After all, this is AMERICA! My goodness, the world has never seen a country like this before. We simply cannot fade away into oblivion. I believe in America and the American people. There is untold wealth in this country and the rich will have to help the poor to get back on their feet again. Working together, we should be able to overcome anything. We need to stay positive, and we need to pray the bailout works.
- World wide economic collapse
Explore the reason for the world wide financial and economic collapse as a danger to peace. - by Rolf Witzsche - Currency Chaos and Financial Collapse
- Paulson bailout will lead to world wide financial collapse | Daily Newscaster
Do not blame free market capitalism for the current economic failures, Rep. Ron Paul (R-TX) tells Congress shortly before the Paulson bank bailout bill failed 228 NAY to 205 YEA. - http://www.jpost.com/servlet/Satellite?cid=1222017493868&pagename=JPost/JPArticle/ShowFull
World wide financial meltdown viewed from Israel. - http://forum.prisonplanet.com/index.php?topic=59351.0
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Comments
The financial collapse in US greatly affects smaller countries like the Philippines since many filipinos work as call center agents and medical transcriptionist.
funny guy,
I agree with some of what you say. However, I do not believe that the electricity will be there. There are already foreign troops deployed on US soil ready to masacre the people.
They will have no gumption to do us in , just as our troops kill in foreign countries without any problems. We are NOT their people, so they will not care.
FEMA already has working concentration camps ready for us to be rounded up after the next staged horific event........ Probably some type of biological warfare to effect the transfer of masses ( millions of us) to the camps.
Total collapse of the economy will happen in 2009.
Google some of the catch phrases.
Marshial Law in America
FEMA Death Camps,
AMERO,
North American Union.
Committee of 300
To quote a great president back in the 80's. "The government can not solve the problem,THE GOVERNMENT IS THE PROBLEM". bailouts dont work, never have worked and while your futuristic view is correct, it will be the huge bailouts that ruin us . capitalism does not work with government control,never worked anywhere. you need to know history to know this.Dropping the capital gains taxes to 0 for 2 years would have the DOW at 15000 by july. but see while the government tryes to fix this with bailouts, they are at the same time choking the thing they are trying to fix. FDR tryed it in the 30's, it made the depression last till world warII, japan tred it and untill they let go of bailouts and simply cut taxes they stagnated for 10 years. CHavaz is attempting it in Venezuela.and like everywhere else poverty is growing, Castro has tryed it for 50 years, Noth Korea for 60 years. it doesnt work. say it with me Government control of anything in the private sector just does not work... PERID.
I have to agree with you who say the bailout did not work. When I first wrote this hub back in 2008 the first bailout was just starting to be doled out. Now in 2/09 we can look back and say that first bailout did not work. Big businesses everywhere are going out of business with no end in sight.
Since bailouts do not work, they should try the no taxes for a year plan. I think it is worth a shot. We have to do something to get this economy back on track again, and I think the no taxes plan would be a lot easier and less expensive to carry out than the bailouts.
The bailouts will be a sticky mess for years to come and they are not talking about all the money that will be needed to monitor how that money is going to be spent in the best interest of the American people. There is a lot of room for fraud here.
Sea Goddess
For all you people talking about FEMA camps...I want to ask you this....
What good would it do to round everyone up and put them in a concentration camp? That simply does not make any sense at all. Instead of getting taxes from these people, they would have to feed and shelter these people.
For WHAT REASON would the government want to hold all these people?
I have been hearing about these FEMA concentration camps for over 12 years now. All it is is a lot of BULL.
This is not the time to scare people more. We already have enough problems. People that are talking about FEMA concentration camps are usually selling something too. Don't buy into it.
re: amero. big media report amero is fake
re: prep. L D S says store 1 yr + food / water etc per person. web economists:
write your reps/vips to save real economy, cancel swaps etc
Well it's 2009 and still no collapse, I agree things are not very good for our economy atm, but they could certainly be a lot worse.
I want to thank everyone for their insightful and intelligent remarks! I think its great that we have a variety of views here....
It may not be a financial collapse for some of us, but for those without a job, the financial situation is dire indeed.
The bailouts did not work, and we hear more about bailout misuse everyday. The gov would have been better off sending us each a huge check with the condition we spend it in a "green" way. That would have been killing two birds with one stone, more clean energy etc, and creating new jobs. Of course to get that kind of plan in place and moving might be costly too....
I am always impressed with the intelligence of the people who post here, surely the people in Washington have to have at least some intelligence too? Let's hope they can get it right and get us out of this mess. And bring those to justice who got us into it!
This is America, we can do anything. We may be down right now, but we will come back, better than ever!
I agree with Dave, take things into your own hands and get things moving, we don't have to wait for government to help us out. If you see a young family in need, help them out. If you can hire someone who needs a job, then do it! Getting older and tired of cleaning your own house, hire someone to do it. Tired of doing your own lawnwork...hire someone and give them a job. Tired of shopping for your own groceries...get someone without a job to do it. Pretty soon there will be millions of people out there without unemployment benefits, we all have to do our part to help these people.That's how our grandparents and great grandparents did things. Americans are the most generous people in the world, we need to apply that now to the unemployed in this country.
We all need to think positive!
If we go back to basics we will be alright!
They could be worse, you are right -- and they will be. Thinking positive or thinking in any direction is not going to change the inevitable.
Seems that a whopping 96% of the people who voted in your poll have that figured out too.
Stock up on flour, salt, move to Canada where we have lots of CLEAN water, etc.........and if you think like Ms. Magnolia, be sure you have a MAN around - LOL :}
I mean no offense, it is just TOO FUNNY.
Private Eye- I don't quite get your drift about needing a man around...but hey I have to admit, they can be useful at times.
Actually, I live close to the Canadian border. Ten years ago, I saw something BIG coming our way. When it started coming down, I wanted to be ready, and now I am. Instead of spending money, we saved until we had enough for a farm...all paid for now. I plan on helping as many people as I can get through this.
We are a rich country. Many of us can afford to help our less fortunate neighbors and we should.
It is now 11/2009 and we are all still here, alive and well, we are getting through the storm. American is humming along, there are many problems, but I believe America can overcome those problems and come back stronger than before.
I keep waiting for the "other shoe" to drop, but it never does. I know there are millions of people out of work and suffering, but they are being cared for. Americans all across the country have stepped up to the plate and shared with the homeless and those who are out of work.
My only concern is that our manufacturing base is now gone, all shipped overseas to China and Mexico. We need to get those jobs back, we need to make the USA the number 1 manufacturer in the world once again if we expect to employ the millions without a job. We need to get serious about getting those factories back and up and running. That's where we should be putting the bail out money. I am sick of bailing out those greedy banks! We need to bailout the unemployed of America.
We can not hope to compete with China. No one here wants to work for under a dollar an hour. If I worked for a dollar an hour for 40 hours a week I MIGHT be able to feed myself if I only ate beans. It sure wouldn't pay the rent. The hard times haven't even gotten here yet.
Everyone who is expecting the end are guessing wrongly that it will all come at once. The Roman empire did not fall overnight. It took years of corruption and stupidity to bring it down.
Tobacco Lover, yes you do make some good points. However, I feel that America is helped by the hand of GOD! And, we WILL come out of this better than ever.
In God We Trust and that is why we are what we are. All those other countries in the world who do not believe in God and Jesus, well, just look at how they suffer.
I believe we had divine guidance and help right from the beginning, we have been blessed over and over.
When you begin to look at the world in a supernatural way, you come to realize that our every day existance here is a miracle indeed. America is a miracle.
Have faith! God shed his grace on this country, and He will continue to do so! I really believe that, and no matter how bad you think you have it here, you have NO IDEA what it is like in other countries! My father was a Naval Officer who traveled the world, and he told us over and over again how different America is from any other country on earth.
Sure, we have problems, there will always be problems, but for most of the people in this country, life is very, very good. You just look at people like Oprah and Obama, who rose up from NOTHING, ONLY in America, ONLY here can there be such wonderful success stories.
Another thing we take for granted here is that there is no class structure, everyone is considered pretty much equal, and if they forget that, their fellow Americans bring them back to reality. That is huge and we take that for granted, however life would be a lot different for the average American if there was a class structure in place.
The Roman Empire lasted a thousand years, and in the end, lack of disciplin and the barbarians brought them down. However, in America, it is the new wave of immigrants that make us stronger. One day, I bet Canada, USA and Mexico will be one big, very rich, very powerful country. Some people think thats bad, but really, it would make us that much stronger, we just should not bite off more than we can chew.
Also, don't buy stuff from China, BUY AMERICAN whenever possible, this should be a no brainer! And pray for our country!
We are doomed. I run a business and my current drive and passion is going down the toilet bowl. New potential health taxes, the recent unemployeement increase, personal tax incresae, property tax increase is overwhelming.....now the dollar is tanking....it's not worth it. I have this desire to close shop....layoff my 110 employees and leave for New Zealand.
funny guy says:
11 months ago
Funny how many libertarians there are int he world when the government faces collapse and lets be clear it is the federal government and its fiat money that faces collapse not we as the citizens of America. You argue that those who are against the bailout should reconsider - looking back now over the last few months the bailout of the banks has had no effect at all, the coming depression continues its march to collapse unrestrained. The more money thrown at the problem the bigger the problem becomes.
Think for just a moment about the old phrase that going into debt is like digging a hole in the ground - you dont get out by digging it deeper.