Could You Survive Total Economic Collapse?

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, indicated that the system would collapse in about 2010-2015.

Currently 2011, it's easy to see signs of economic deterioration in all sectors. From a tumultuous stock market still far from its highs to record gold prices and widespread unemployment, the economic outlook is bleak at best; some fear that a long depression, if not the beginning of a total economic collapse, has begun.

Policies by the Federal Reserve may have changed the Reagan-era date prediction by a few years 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, according to one theory, only an interest-free economy is sustainable indefinitely.

Total economic collapse?
Total economic collapse?

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 collapse? 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 across. Prepare now, while you can.

Consider the different scenarios and plan how you could best protect your family in times of trouble -- be it financial collapse or a terrorist attack.

Shelter, water, food, protection, sanitation and heat are important considerations. Do not plan to rely on the government for help, unless you don't mind living in a sports stadium for days on end while things get sorted out -- or not.

Form community connections now, learn more about who lives in your neighborhood and potential dangers. Consider the assets you already have that will help you to care for your family and others when needed. Recognize the weaknesses and work to overcome.

One of the first things you should consider is how you would feed yourself and your family members should a food shortage or interruption in the nation's food supply chain take place. For many families, having a long-term food storage pantry within their home provides great peace of mind.

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

Gold & Silver

Fiat Currency and Silver

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

First, however, buy necessary tools and supplies, which will be most necessary in times of trouble. Silver should be used primarily as a way to hold the value of your money for the long-term. You can sell silver coins as you need the cash.

Cash out of the stock market before it crashes entirely. Personally, I sold my stocks in November 2007 when it first dipped below 1400. Now it's hovering around 1200; I would sell before it drops to 600. Of course, it could jump back up and head for 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 possession, depending on your needs. When I sold my stocks and Wall Street-based IRAs in 2007, I bought silver and silver IRAs. At the time, silver was about $14 per ounce. Now silver is above $40/ ounce, but that's still a bargain according to many who predict silver to reach $100 or more per ounce.

Gold may still be a good place to hold the value of your US dollars, but recognize that it's at an all-time high and be prepared for fluctuations.

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.

Gerald Celente: Worst Economic Collapse Ever is Here

Freeze dried fruits and vegetables
Freeze dried fruits and vegetables

Survival Food Sources

The following sources are all places where I've purchased food for long-term storage, including freeze-dried meals, bulk grains, water filters, and other supplies to help my family survive a total economic collapse.

Shelf Reliance is an excellent source for freeze dried food, large multi-person food packages, shelving systems and emergency preparedness kits that come in a convenient, sturdy backpack.

Mountain House is one of the country's top freeze-dried food manufacturers, and it's where I bought my first package of entrees in #10 cans.

The Ready Store stocks a huge selection of foods and food prep items for the long-term food storage pantry. Sign up for their email list to receive emails about weekly sales and special deals.

Amazon Bulk Foods is a surprisingly good source for packaged foods, from granola bars and cereal to canned goods, to include in your survival food cache.

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Comments 95 comments

Earth Angel profile image

Earth Angel 8 years ago

GREAT Hub WriterGig!!

It never ceases to amaze me how unprepared we are for any disaster, man-made or natural!! And often, the preparation for one will help in the other!!

Great Hub!! Welcome to HubPages!!

Blessings, Earth Angel!!


SparklingJewel profile image

SparklingJewel 8 years ago from upper midwest

Excellent information !

If people prepare, that is the best way of dealing with potential anxiety of the drastic changes that can occur. Keeping emotions positive is usually the biggest problem for people. The answer is to be realistic (what are my basic/core needs?) and forward thinking, and is best accomplished by planning.

Thanks for the info. and links,

SparklingJewel


Concered 8 years ago

Could you post a list of books one should have in their survival library?


marisuewrites profile image

marisuewrites 8 years ago from USA

Great hub with powerful reminders that we had better listen to...Money might be a disappearing means to purchase goods....bartering I'm familiar with as well as raising food...we are wanting to get back to our roots to be better prepared...

thanks for bringing this to the forefront...new clothes and pretty furniture pale in comparison to food, fuel and shelter. clean and lean might just be our cry in the near future...

course we might have to guard that garden, but I'd share before I'd let someone starve....Marisue


pvbonus profile image

pvbonus 8 years ago

I've been considering gold for some time but haven't checked into it enough. Astute info.


memaskman 8 years ago

Very nice helpful tips you have given to be prepared for an economic collapse. I think only a small percentage of people will be able to do that. For the majority it will be bad, very bad. It will be similar to the 1929 stock market crash, many people were without food, jobs etc. It will be a horrible situation.

http://www.squidoo.com/dollarcollapsediscussion


Jeff Wilson 8 years ago

A great source of information is the Book series "The Foxfire Book".These were published by Anchor Books-Doubleday and Company during the 70's.There are about 12 books in the series and cover all kinds of self-sufficient skills.Things like raising and butchering hogs,making charcoal,cabin building,soap making,etc. A wealth of information and entertaining reading.These books were generated by interviewing knowledgable folks in the Appalacians,who've been "doing it yourself" for generations. I would also suggest investing predominatly in silver rather than gold.Also you are better off buying coinage than bullion.The reason for this is;1 The coin already has a known weight and value (a silver dime,may be traded as a dollar,but everyone knows what it is) Gold would be harder to divide into usable quantities and u have to trust someones scale.Buy junk coins, as long as they are readable, u will only pay silver price for them not the inflated collector price. And as much as a lot of people may not want to hear this,get a gun and plenty of ammo for it.If there are more than one of you,buy the same guns.Same ammo,same parts,see where I'm going.And last practice,practice,practice with it until you are proficient in its use.The time to figure it out isn't when u really need it.


bobgnote 8 years ago

Did you even NOTICE when energy was deregulated?

Did you notice, when California Governor Davis unilaterally negotiated 20-year, bad-faith energy deals, with the deregulated middlemen, 2000-2001, directling the negotiations right at the May-June 2001 nuclear refurbishings grid bottleneck, to violate 18 U.S.C. 245, 371, 1505, 2384, for RICO profiteering, to violate all applicable state and federal laws?

Did you notice how the Whistleblower Act is not enforced, AT ALL?

Did you notice how STUPID IS, AS STUPID DOES?  In the industrial age, MAYBE you need precious metals, yo.  Uncompromised canned food seems more valuable, already.  Metals need to get melted into something, Frodo.

Get the gun, like bro upstairs sez.


Stacie L profile image

Stacie L 8 years ago

great hub on such a scary subject.I am losing sleep over this right now1


success_89 8 years ago

Nice Hub, great details on what's goin on in this crazy country at the moment. In all my years i would never think we'd be heading in this direction.. My Hub you can check out if you want it has tips on getting through all of this


bitsdawg profile image

bitsdawg 8 years ago

One of the cheapest ways for the average person to invest in precious metals is to buy so-called "junk" silver. These are US dimes, quarters, half dollars, and of course dollar coins minted on or before 1964. They are 90% silver, and one dollar of face value is about .72 troy ounce of silver.

Here is a convenient way to quickly calculate the value of a certain amount of dollars of junk silver into today's spot price. You may have good luck finding "junk" silver at close to face value!

http://www.silvervalueus.com


shawna.wilson profile image

shawna.wilson 8 years ago from Arizona

This was a very helpful article. I like your ideas about trading services with neighbors and friends.


SALIM SHAIKH 8 years ago

I AGREE WITH THE POINTS MENTIONING SURVIGING IN ECONOMIC COLLAPS

I WANT TO ADD ONE THING THAT TRY TO LIVE IN LOW POPULATION AREA / CITY

LIKE RURAL AREAS

THANKS SALIM FROM KARACHI PAKISTAN


Kevin Hellman 8 years ago

Something has got to give eventually, as the whole system itself is suspect because the whole <a href="http://prorev.com/moneyreform.htm">monetary system is controlled by private money</a> (via the central banking system). I personally wish that more and more progressives would push for the monetary system to be brought into the public realm.

Plus, the cost of everything has been more and more overvalued for decades now, while wages are stagnant. The average worker has only been able to make ends meet by supplementing their wages with their credit cards. It will be a challenge for the average person who has become overdependent on the cycle of overconsumption as their ability <a href="http://livesafely.org/evasion/how-to-survive-an-ec...">to survive an economic crash</a> depends on some big lifestyle changes.


fuggy 7 years ago

The best survival method will be the multi-generational home.

I find it interesting that the "smartest" kids are always encouraged by the gov't run schools to go to university "out-of-state". Our consuming collapses in a multi-generational home.

One cat would love being petted by lots of people.

One internet fee can power loads of laptops.

All the appliances can be bought new, therefore be energy efficent and kept under warranty if lots of people are pitching in...that means they can be run all day and no worry about them breaking.

One property tax fee. One property insurance fee. One pool.

Free people to watch your plants when you are out of town. Free rides to the airport. Free people to babysit your kids now and then. Free tutoring for your kids. You can get a ride when your car is in the shop...

No travel fees at Thanksgiving and Christmas.

The multi-generational home rocks. Since we are so trained to think it is a bad thing, though, we need training in how to pull it off so that everyone benefits.


artfuldodger profile image

artfuldodger 7 years ago from Earth

GREAT HUB. we need more like this, especially given the economic shitstorm coming down the pipe in the next few years. I think on the other end of the tunnel there will be truly great times ahead, but the transition phase from the industrial era to an information based economy is bound to be a rough one on a lot of people


Sarah 7 years ago

A really great book I once read called, "Into the Forest" told about how a family survived while only being slightly prepared. Ironically, it takes place in California, and the catalyst is the total collapse of the economic system. Read the book, and then imagine what could happen to your family, if you are prepared, or underprepared. Also, if you want a real plan, and one that doesn't involve holing up in your apartment, buying a gun, eating canned food, counting your silver nickels and waiting for the shit to be over, there are some really great books out there by some guys who moved half their village into the wilderness during the fall of the Soviet Union. Remember that? When people shot eachother for a loaf of bread? Now may be a good time to look into buying that "fixer upper" cabin in the middle of nowhere.

Good luck kids.


livelovecoffee profile image

livelovecoffee 7 years ago from Georgia

Great Hub! But I will say hopefully we do not have to worry about a total collapse.


Erick Smart 7 years ago

Hopefully we do not have to cope with this, but I can thankfully say that yes I believe I can survive. I have no debt and outside of my usual work I have a small cattle ranch and a greenhouse. It would still be tough but I am not nearly in the same boat as many others are.


UnkCoothd profile image

UnkCoothd 7 years ago from Reno Nevada

I believe that al qaeda crashed into the World Trade Center in an attempt to cause an economic collapse. Let's pull it out so those SOBs don't win.


TKIMWRSVC profile image

TKIMWRSVC 7 years ago from United States

this is one to print and re-read till i memorize


midnightbliss profile image

midnightbliss 7 years ago from Hermosa Beach

great hub article. very informative and helpful.


onial 7 years ago

This is nice post, thanks you.


Shelby, TX 7 years ago

This is a great post. I would never imagined thinking our Country could become a 3 rd world county, however, with the election of Obama, who scares me, we have made some drastic changes in our lifestyles starting back in Oct 08. We have horses and cattle, very little debt and a silver coin collection. I feel confident should something happen we will be okay. I truly think we are more fortunate than others and it will be a rough ride this year for many people not only in the US but around the world.

Me and my family will hope for the best and prepare for the worst.


Brie Hoffman profile image

Brie Hoffman 7 years ago from Manhattan

Have you seen the movie "The Money Masters" it is like Debt as Money but in more detail, you can watch it online.


Gary Duell 7 years ago

I don't think the survivalist strategy is the best preparation for economic disaster. Whether things are going to be peachy keen or dismal, the strategy should be the same: value and connect with others, learn how to be of highest service to your community however you define that, and remember your core values of love & compassion. None of us gets out of this game alive anyway. So why not focus on equanimity for all?


leeroper profile image

leeroper 7 years ago from UK

I think the USMC "P Rule" maybe crude but is very effective and grabs people’s attention. A total collapse would probably never occur because 'some' planning is in place. It is certainly a eye opener for the world though, let’s hope the message gets remembered. Thanks for the topical hub that provides some good advice.

 


Figther 7 years ago

Excellent information your article helpful for me. Thank you.


bgamall profile image

bgamall 7 years ago from Las Vegas, Nevada

Unfortunately, the gold standard doesn't always work either. FDR got us above drowning in the 1930's by taking the dollar off the gold standard. That is why economics is called the dismal science.

I am very concerned that we will have at least a Japan style, zombie bank period where the banks will keep losing asset value and will not be able to lend money. The worst could be a total unraveling of derivatives. This would hurt all bondholders in pension funds, etc.

I have written about the FDIC and possible scenarios about a meltdown. Also, we can boycott the banks since the ponzi scheme of home loans was made possible by international bankers at Basil II. I have covered this screwing of america made possible by off balance sheet accounting that was fraud, but allowed by Phil Gramm and others.


Kulsum Mehmood profile image

Kulsum Mehmood 7 years ago from Nagpur, India

Yes, hard times ahead for everybody financially. Thought provoking hub.


Rob 7 years ago

I agree with Sarah post Buy cabin or fixup or good rural land with water if the economy crash your going to want to be there instead of the city just make sure the land or cabin has water and acess to the property it will keep it value up so if you need to sale later on down the road you will make money back

buy now !! why land is cheep make sure it has water,


kappa022 profile image

kappa022 7 years ago from Florida

Nice advice, hopefully we'll never have to use it, but better to know.


doodlebugs profile image

doodlebugs 7 years ago from Southwest

A very timely and well written hub. I think it could go either way very easily. I wrote a related article, how to make a survival backpack and maintain a website at peakoilstories.com which describes some doomsday scenario preparations. I think moving in the direction of self sufficiency is a good idea in general, whether or not we have an economic collapse. It just makes sense. Thanks again for the great hub.


Dolores Monet profile image

Dolores Monet 7 years ago from East Coast, United States

well weren't you ahead of the game, here we are in spring of 09 and all you predicted has transpired...you could get away with writing anything now!


Steve Wood 7 years ago

I have 7 lots left in my subdivision in rural Waynesboro, MS. Most of these lots are 4 acres so they are plenty big enough to provide a garden. I would love a suggestion as how to market these lots to people who realize our economy is going to collapse. All of my contact info is in my website above.


WriterGig profile image

WriterGig 7 years ago Author

Steve, check out Survival Real Estate on SurvivalBlog.com.


Ellie Perry 7 years ago

This is a most excellent article.


NewAmericaNow 7 years ago

It will happen sooner than you think. Visit my blog at the link above and my Youtubee Channel http://www.youtube.com/user/NewAmericaNow


jasmin50 profile image

jasmin50 7 years ago from Greece

It' one of the most well-prepared hubs I ever read. I liked it very much. Of course, we should be optimist, otherwise our fear and panic will make things worst. The crisis is all over the world but I think we will be okay.

Congratulations WriterGig, for this tremendous work you have done.


MikeNV profile image

MikeNV 7 years ago from Henderson, NV

A Central Bank/Federal Reserve Debt model is doomed by definition. It's not amazing to me that we have now reached the Theoretical Limit of the system with a debt load that can not be repaid. It's amazing to me that the average person is so very clueless as to what is going on and BELIEVES there will be an economic recovery.

There has been a low amount of inflation so far because there has been a near complete freeze in the credit markets. As soon as that opens up even a little bit inflation is going to take off.

There is only $3 of actual hard currency in circulation for every $100 of money on computer screens. And the dollar is backed by nothing!!!

If you can not grow your own food, if you owe on your house, if you do not have supplies to take of yourself you are going to be in for a very unpleasant future.

This is not going away until the Debt Model/Central Banking system in place in all the major Economic Powers is abolished.

There is no reason why people need to be a slave to banks.

You are not going to hear about this on the Evening News. You are not going to learn the truth in School. You have to educate yourself.

Go to your bank and try and withdraw $10,000 in cash (Assuming you have it). It's quite a process!!! The Federal Government is doing everything they can to prevent a run on banks and keep the public perception in the dark. A run on banks would create an instant collapse. The money doesn't exist to pay the account holders!


brian clark 7 years ago

lets all take action, it is getting worse and worse and nobody doesn't say anything in washington.


scheng1 7 years ago

Actually it's easier to survive a total collapse on world's economy than the current situation. At least you wont feel so bad when you are in a "dead" town, and read that people in Wall Street are still getting huge bonus.


No Body 7 years ago

What about that monster debt owed to the Chinese? They want their money back plus interest. I saw today where they are puchasing our failed banks! They are buying up our infrastructure since our currency is nearly worthless, but it will not be nearly enough. The one rescource that would be enough would be our labor. I see the pootential for concentration camps to come out of this situation. Our own Government will be the ones that will hunt us down for the Chinese. Maybe that explains all of these changes that will allow the suspention of constutional law, such as the patriot act!


sunnybrook 7 years ago

Everyone talks about having gold during the meltdown, but will it really help the average person? Think about it, food will be scarce, we will be looking at 80% unemployment. People will be homeless or living in government run mass shelters. Who exactly are you going to be trading gold with? The joe down the street is going to want food and clothes not metal. The only good thing gold will be for is paying taxes, which is going to be horribly high. If you have say 40,000 in the stock market then gold will preserve your wealth, but remember, during the great depression the "honorable" President demanded all private gold supplies. And he got them. Could that happen again? You Bet!

Also we know that the dollar is about to go through massive hyper infalation. So saving is a joke. That hard earned 1,000 is going to be worth squat in 2 years.

I am buying non parishable food, tools, meds, clothing and yes guns. We have 4 children and I am becoming more and more worried for what their lives are going to be like. I never thought I would be seeing america fall. For all those who think how great it would be to go "back to the land" try it for a year. It's hard backbreaking work. I've done it and enjoy it, but I doubt many blackberry toating liberals would. What do you mean I can't have my $20.00 a pound brazilian gormet coffee? They are going to really be hurting.

For the best book that has everything from raising chickens to cooking on a woodstove buy Carla Emerys Encyclopedia of Country living. It has sections on how to keep children warm in an unheated house, how to make soap, milk goats, raise and butcher every form of farm animal, grow a garden, and preserve everything in it. Not to mention tons more. I use it all the time and find the info accurate and easy to follow.


A beautiful woman 6 years ago

http://dragcave.net/user/Resistance01

Please help guys! click my eggs :)


NewAmericaNow 6 years ago

See my videos on the subject. They may save your life.

http://www.youtube.com/watch?v=V3WZqeDUzrI

Good Luck and God Bless


Universal Laws profile image

Universal Laws 6 years ago from UNIVERSE

Brilliant hub, thanks for your inspiration, and thats what we need to just keep inspired and bloom where you land!

We signed up for this!

Namaste

Linda at UNIVERSAL LAWS


Tim 6 years ago

Some very powerful reminders in this hub, I like it! I second the idea of having a peace of land to raise food which would be the best preparation in case of greater and long term economic collapse.


morph 6 years ago

Well...at least Sunnybrook has a reasonable grasp of what would happen , and it seems he IS alone there !

He survives, others without a clue (but loaded wit gold LOL) don't survive.


wrypatch profile image

wrypatch 6 years ago from Virginia

Indeed a scary topic. Hopefully not bound for as bleak a future as one might think.


SagaciousScribe profile image

SagaciousScribe 6 years ago

Gerlad Celente predicts that there will be another crash in 2010 MUCH bigger than the banking crisis of 2008. Time will tell....


businessfinance profile image

businessfinance 6 years ago

wow...very suitable in our economic right now. this is something we all should worry. Thanks for the post. very interesting.


jjmyles profile image

jjmyles 6 years ago from Pacific Northwest

Excellent hub! Bartering is the way to go during these hard economic times.


Londoner profile image

Londoner 6 years ago from London, United Kingdom

Nice article, although I would say that we need more economic education in general than the survival strategies. This recession has showed us already that:

1) we are over-reliant on borrowing and we are overspending - my guess is majority of us do not realise the long-term consequences for our countries' economies. I personally know some people who see credit cards as magic money-bearing trees. We cannot go on like that. But the trouble is we have a good chance to - imagine such a picture: if little kids learn about the world from their parents, and these days parents instead of paying cash use credit cards, a lot of kids to whom parents cannot really explain how this whole borrowing thing really works, will think that you just need a shiny piece of plastic to get anything you like in life. It is scary and thus I opt for more education.

2) all the markets are over-sensitive to speculation as all the economies are built on trust and... nothing more than that pretty much. If people THINK that one country's economy is going to collapse, it WILL collapse. Self-fulfilling promises are really powerful indeed. And better educated society, aware of this fact, could make better choices in the future to secure a more stable economy.


nelsonortiz837@comcast.net 6 years ago

is it possible to move into to the forest! survive from what the forest provides.i really do not pay much attention to media, but by the looks of it it seems that it is only getting strange and harder and harder.


TinaMarieTad profile image

TinaMarieTad 6 years ago from Michigan

Great Hub~ I found it very thought provoking with good information. We seem to be living in times of which each person should be prepared for many things that could happen to effect quality of life and survival.


NewsFromTheEdge 6 years ago

PFMPE is an excellent site and everyone should make the effort to get past the authors' insistence on using such an archaic writing style. The information it contains is priceless.

If everyone believes money is necessary, and it isn't, then they must be made to understand that currency is a fiat of law, not an act of nature.

Stephen Zarlenga's Lost Science of Money is a book that must be read by anyone who wishes to acquire any real understanding of how money works. What we've got now doesn't and hasn't for a long time.

America had it right a couple of times. Unfortunately, the bankers have always managed to undo any good progress that has been made.

“Give me control of a nation's money and I care not who makes its laws."

- Mayer Amschel Bauer Rothschild

1862: By April $449,338,902 worth of President Lincoln’s debt free money had been printed and distributed. He went on to state,

“We gave the people of this republic the greatest blessing they ever had, their own paper money to pay their own debts.”

The Times of London publishes the following statement,

“That government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe.”


toothache pain relief 6 years ago

I like your writing style and I guess I can not survive the economic collapse. Its just so hard to get a good job now!


jim 6 years ago

You would all benefit from watching

1. "crash course on economics" by chrismartenson.com

2. "The money Masters" ... for a in-depth history on the subject.

3. "money as debt" cute 8 part series but done as a simple cartoon to hold ones attention on the subject.

4. oh Canada our bought and sold out land is a great Canadian primer on the current downward spiral that we will all face.

what can one do about this situation? Short of being another Ron Paul or Peter Schiff/here are some suggestions to help you prepare for the upcoming situation similar to what the U.S.S.R went through.

1. Buy things of value during this stagflation period.

2. Dump cash savings before you lose 40-50 percent to inflation.

3. Learn and maintain a food storage system. Buy hard red wheat, dried beans ,powdered milk, dried corn etc... look up the details of long term food storage.. you should have salt, baking soda, a dutch oven, wood stove, pressure canner for canning meat, mason jars, books on country living, canned food of all types, water purification (bleach) kerosene lamps,lumber, bullets, hunting and fishing gear, sugar,dried firewood,heirloom garden seeds of every variety, a garden, deep cycle batteries with a solar charger, liquor, tobacco and cigarettes even if you do not use them ... you should look into investing in physical precious metals only after the above needs are accomplished. Canadian maples and silver eagles are better than a fiat currency investment.

people should read about the depression as it has not been taught in schools. Even though we will probably have inflation issues, it will provide insight that economic hardships can /and do happen often through history... everything unfolds in a similar way...this time the us dollar is the world reserve currency ... the crisis has already started but you will have some time before it spreads here... but it will ... even if we create a global currency...

this comment will no doubt cause some people to be critical and assume that I am being over-reactive. But do you really thing the world is always going to get bigger and bigger and North Americans can just payout IOU's to everyone?


Dr. Master Of the Economy Questions 6 years ago

Yes but if you have been paying attention. The money has all been sucked up by an increasingly fewer number of individuals. That is what kills an economy. We allow this to happen by being intentionally ignorant, pre occupied with nonsense to the point we believe media lies. In the end the only thing that will still pay is slave labor and military. The always intended fate of the plebs when times get tough. The problem is that no one wants to share because most people are greedy, and really it only takes one.... one greedy person willing to do bad things to get more than his brother... pride jealousy insecurity, they all lead to greed. Any how protecting your self and your country is important.... so where will you go when anyone of the catastrophic events that will make money worthless occurs, is what he is asking.


I'm totally doomed 6 years ago

It is obvious that china will be next superpower,we will have to pay tribute to them as well as work on their land when they own all of America and by default Americans in servitude to pay our collective debt to them. I bet we will be paying a lot less in taxes to them and be treated nicer too.Remember Roman empire fractured when the barbarians were less oppressive than the Caesar.


j23 6 years ago

The U.S. has just purchased a load of land in N. America !! I would say that's a good idea for everyone. The colapse is coming / so all please be prepared to help others and remember that Big Gov't has caused the problems, / after we get through it and we shall we must NEVER FORGET !!! Education is iur only shield. God Bless you all and good luck!


how to get rid of eczema 6 years ago

I am living is a third world country and we depend a lot on first world countries like the US. If there is to be an economic crash, we don't know what in the world we would do :(


best way to lose belly fat 6 years ago

Bartering is a great method to use in these economic times


Disaster Master 6 years ago

Just a few tips on maintaining an emergency canned food storage pantry: Stay away from those large idustrial size #10 cans, unless you're feeding a small army, (possible electrical blackouts may preclude storing unused portions in the fridge.) Instead, maintain

a rotating supply of #300 cans,(regular store shelf size) on shelves 16" deep, with 11" vertical clearance between shelves. These dimensions allow for double-tier stacking of 5 cans, (10 cans total/shelf row)Leave 4-5" across the shelf between each tiered row, or cans will tumble as you periodically replace them in the rows' rears,(trust me!). To build up your pantry food supply, simply buy a few extra cans during normal shopping trips. When you get home, perma-mark the month/year on the containers top, and place them in the pantry. Use the pantry for normal everyday needs, again, refreshing the stock from the rear, and extracting the cans from the front,(first in-first out, right?)Sorting your foods into separate shelves, by food groups,(e.g, veggies, fruits, meat/fish/poultry, condiments, baking/milk products) and aplphabetizing them within each group, (e.g. veggies: asparagus-yams) facilitates everyday use and periodic inventory. When considering types and varieties of foods to buy, 150 lb of canned veggies and 80 qts of canned fruit appear to satisfy the minimum nutrient requirements for two adults for 6 months. Of course, buy the food you normally eat, and supplement the larder with comfort foods as you like.


coming economic collapse 6 years ago

This is something I've only recently become aware of myself and it scares the heck out of me. Thanks for this information and please do keep pushing the message - more of us need to wake up to what's really going on and fast.


jim 5 years ago

IN my opinion:Do your own research!

An economic collapse has already begun ... these things do not happen right away... it has been happening already for years . The time is now to begin prepping ....as we speak there are huge amounts of the Feds qE2 flowing into the currency illusion of derivitives. Soon there will be a lifting of the veil on this ponzie scheme... and then you want to have some food .shelter ....security .. Notice that food is getting more expensive ... this is because the derivitives market is becoming a laundry mat for hiding money.And its driving up the food prices ... Not the environment or flooding in Australia.... Wake up and watch the money masters. Ireland and greece have already been taken over by a bankrupt IMF. Soon your gov will have to pay the huge price of intrest to private banks ... all because they borrowed private banks instead of creating intrest free soverign money that benefits us all. This has been done in history ... just look at how well the tally stick system worked and how Julius Caesar used soverign money to build up Rome . KNOW your History OR YOU WILL REPEEAT IT. Everyone has been dummed down by the mainstream media and educational system that pushes KEYNES Ideas ... It only is there to justify the unfair practice of banks and USURY. Follow Austrian Economics . realise coutries are captured by loading up their debt and when they can't pay....military base...us dollar exchange for oil ... IMF austerity measures etc.... You must educate yourself and open yourself up to this burden of knowledge ...Chrismartensen.com or CSPER Damian Vbriel. Money masters video on you tube. You may even want to Prepare for an eventual HYperinflation event.


Now what 5 years ago

What happens to my farm when the SHTF. I still have to pay a 280.000 dollar mortgage. The payments can be made on my current income, but can't be done without money coming in. Will I have to live in my camper? Will the banks take every house that has a mortgage on it. That is alot of people out on the street.


Cialis 5 years ago

Very useful and interesting hub,and most importantly always actual...this hub demonstrates that the threat of Total Economic Collapse will never pass


CHRIS57 profile image

CHRIS57 5 years ago from Northern Germany

Enjoyed reading.

Why not pick a book on history and read about Germany in the 20th century. Germany defaulted twice. Reasons are well known.

Some of that plot is discussed here.


Wisdom 5 years ago

Ancient Chinese quote: "The best place to store your assets is in your neighbours belly"


countryguy 5 years ago

I'm not sure if the economy is going to go downhill quick or if it is going to get progressively worse. Either way I can't see any light at the end of this tunnel. Having a stocked pantry and home security is always a good idea. Even if the economy doesn't collapse if you lose your job at least you can feed your family.


wisdom 5 years ago

This is all because of greed...

" correct pride jealousy insecurity, they all lead to greed "

I wonder where I could find some guidelines to help steer me down a proper moral path.

I can't seem to get a clear idea for a moral framework playing video games and watching Jersey Shore.

I should proplably look for some inner strength derived from moral teachings......you know....for when economic times get REAL .


Since your here searching 5 years ago

The antichrist is our own greed based, insecure, jealous-dishonest-non empathetic- uncaring collective thoughts...Resulting in an unsustainable usuary based system based on the illusion of positive exponential growth, exponential debt, exponential resource consumption- and exponential environmental impact. The solution is being present(meditative) in the exact moment of NOW (the present). And not allowing yourself ....and your time ...to be completely wrapped up in an ever faster technological bluff. Apocolaypse (Sp?) means a lifting of the veil. Presently this veil is our surrounding financial illusion.


thinkin 5 years ago

The main thought remains that if you have enough of something "fungible", you can always trade it and buy whatever it is you need. But that's not necessarily true. It may be the model we have grown up in, but it's by no means universal. Besides, even if you own a ton of gold, and you have water and food covered, but those around you where you live have not, what exactly is it that you have bought yourself? A prison?


chuck d 5 years ago

About 95 % of you writing on this blog are toast. Just remember that. Just think Chaos and you are there.


wisdom 5 years ago

The New World Order ....... is hell.

Hell createded by our own dishonesty, greed, coruption, vanity,lazyness, gluttony, fear, mistrust etc.

The delivery messenger is perhaps capitalism.

Your Facism is on its way.

meditated lately?

The answers are found in quiet presence.


Wisdom 5 years ago

Reading the bible. Match the here and now?

Often can be quite unpopular in our dark times. Media and societys immoral- distorted culture have made it seem like a weak choice....BUT Ask WHY?

By going against the sinful mainstream... One is able to see things in a different light.

Seems weird ...but is really like seeing a new colour.

You can't fully explain what you have seen to anyone else.


wisdom 5 years ago

Think positive and it will all heal. POSITIVITY>>>it starts with our thoughts . Perhaps its wrong to think of the NWO as hell. Our positive thoughts can make a wonderful world. Truth is the guide. Perhaps we should not be seeking materialism and "stuff" but be embassidors of positivity.

Love to All


nnavkram 5 years ago

I'm kind of confused here. If you are stranded on a desert island, with a billion dollars on one end, and a thousand pounds of food on the other, which end would you live on? Its ridiculous to think that a page with lots of red ink on it, can prevent you from doing anything. Debt is just an idea, enforced by thugs.


bella 5 years ago

We all need to start stocking our pantries, investing in gold, and forming a plan that will keep our families safe in the time of economic collapse. HAVE A PLAN! RESEARCH! Start stocking up on your food, water, etc....

Also, get items such as solar powered radios, batteries, etc.... Don't be like the millions of people who won't be prepared for such an event! Plan NOW!!!! Not later.

I am personally stocking up on food, learning skills such as hunting/fishing/canning to survive.

Save non-hybrid seeds, collect how-to books, start a garden....whatever it takes! Do it NOW!

Be smart, and keep God close to you.


Betterdays2011 5 years ago

Also make sure you have plenty of ammo before it is priced up or not on the shelves.


Rich 5 years ago

The greatest plan would be to plan for zombies... Yes thats right zombies. Preparation goes beyond head busting and almost everything you'd use in zombie preparedness from skills to food and even weapon usage and maintenance will be used in the days to come. Ive been preparing for the zompoc and should be quite comfortable through an economic collapse


alan 5 years ago

I have seen fake US silver coins made in China. I am not big on PM anyway, because how much is a chicken? On ounce of silver or gold? For the price of an ounce of gold you can buy a lot of supplies and ammo.

I just recently bought and inverter, submersible 24 volt pump, solar panels next. This economic crap could go on for 20 more years or end in smoke tomorrow. Remember when 1000 people are in the parking lot of Walmart looking for food its too late!


gmwilliams profile image

gmwilliams 5 years ago from the Greatest City In The World-New York City, New York

Great and informative hub. However, the socioeconomic situation is bad as it is. How can it get much worse? It is in the pits, already! You have offered some great advice! Thanks!


Stan 4 years ago

The ultimate answer to all these problems is Pray, Hope and don't worry and prepare the best that you are able, starting NOW. Leave the rest in God's hands.


Matt 4 years ago

What a joke! Crazy americans. All your preparation is pointless as your crazy next door neighbour (proper spelling) is armed (crazy laws) and will shoot you for all you've stored and for your land.


backwoods badass 4 years ago

nothing last forever, the sad thing is, those who didn't prep, can't barder, to lazy to help others for food will try to steal from you, if not kill you. so put protecting your family high on your list. so store up plenty of things to protect and don,t be afraid to use them


Kyle 4 years ago

Look up Faraday Cages and store any extra batteries in one if we have an EMP or a major solar flare as batteries will be disabled in that kind of event due to the charge in the air.


Hillbilly Tech. 4 years ago

Kyle, you don't need a faraday cage for a battery. You might want one for things have have electronic componets.

Batteries do not have electronics, they are a chemical storage device.


duff 4 years ago

Absolutely the all American currency as we know it is & will diminish....already begun!!!!!


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Sanxuary 3 years ago

It will not matter we will have no choice but to survive. People who join together stand a good chance but their will be plenty killing to get what they need. We are definitely on our last dollar today and about two weeks from desperation as it is. The truth is this is exactly where they want us. Expendable and working for nothing and an endless supply of cheap labor. If earnings look good the stock keeps going up and the majority investors can move the market anywhere they want. Excluding the majority will eventually run its course and the rich will have to buy something to keep their businesses' running.


peter 2 years ago

most important during these testing times will not on how you store food items or how much you prepare to defend youself or family but to have the seal of Yah the most high who will deliver you from what is about to come as mentionsed in the scriptures.


LAURENS WRIGHT profile image

LAURENS WRIGHT 2 years ago

In a recent Prepper meeting, it was discussed what people will do after a collapse of almost any kind.

Police and first responders would protect their families, for the most part, while civilian unrest and gangs would grow rampant. Water and food would become scarce, with those obtaining the most power would take from those who have. People can survive about 3 days without water, about 30 days without food, but some people will resort to eating other people in about 3 weeks. The survival mode, after a while, kicks in and people will do anything to survive.

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