- Personal Finance
Surviving A Global Depression – Preparing For The High Scenario: Stock Markets Closed
This is the “gulp” scenario: The unthinkable. It is the least likely depression scenario but the most fearful. It represents the guaranteed collapse of law and order everywhere in the world. Gangs will be running rampant, looting and killing anyone they meet. Cities will become uninhabitable. It’s possible that 500 million to a billion people will die from starvation, crime and other diseases. The house-in-the-country plan for Low and Medium is pointless in the High scenario. You can bet that the lawlessness will reach every corner of the country. There very simply may be nowhere to hide in this post-Apocalyptic Mad Max world.
If you see the depression heading for these levels and the airlines are still flying, you may want to leave your home country altogether. I suggest places where there is very low population density and plenty of water. Some suggestions include Australia’s Cape York Peninsula and the coastal Northern Territory, New Zealand’s lower South Island and Canada’s north-central British Columbia.
These are currently stable, low-population density countries with decent law-abiding people and are less likely than most other low-density countries, such as Russia, to fall completely into chaos. If you’re entering another country, don’t worry about your travel visa, just enter as a tourist. The government will soon break down and then Immigration is certainly not going to come looking for you.
Don’t take much cash with you, just enough to get there. It may be worthless soon enough. Have something with you of great value that is small, light and can be traded. Gold and platinum may be worth nothing. A few vials of antibiotics or vitamins might be worth much more than a bag of diamonds.
Due to the fact that this scenario calls for a depression which could conceivably last far more than one entire generation, it becomes impractical if not downright impossible to stock up on sufficient food and water. Check the survivalist books and websites. Learn to live off the land, what is edible and what is not. Get over your squeamishness and hunt everything that moves.
Any well-established house will be a target for roaming crazies. You need to find a location that is as hidden and far away from humanity in whatever country you're in as possible. If it’s just an old fishing lodge or a shed or a tree house, so be it. You’re not going to be comfortable, but you will survive. We're talking extreme survivalism here. You must avoid contact with any other human beings at any cost. No one can be trusted now. Even old acquaintances may covet your stash of food, water and ammunition and could be willing to take any step to ensure their own survival. Even at the cost of your life.
It is at times like this that you must apply the Survivalist's Golden Rule: Do onto others before they can do onto you. There is only one rule, and that is that you must survive. You must be prepared to take any step, undertake any action, to ensure your survival. Even if it involves discarding your ethics and morality. You may have to commit acts of unimaginable savagery to ensure your survival, but so be it.
Even if you’re not religious, pick a deity and pray that it will all be over soon.