What are the first five things to do if an national economic crash occurs?

  1. profile image52
    slinkyposted 7 years ago

    What are the first five things to do if an national economic crash occurs?

    ok, so I've pulled my  $11,000 out of the stock market and buried it in the back yard.  I've used some of it to buy a 90 day food storage supply.  Then one day the headlines scream "economic crash" .  What are the first five things I should immediately do?  I live on five acres and have a well and wood stove.

  2. duffsmom profile image61
    duffsmomposted 7 years ago

    If the economy  really crashes, the money you buried will best be used for scrap paper.  Purchase silver from a reputable dealer, or jeweler.  Coin form is best, as bars can be faked and will be hard to cash in.  You will need a hand pump if the power grid crashes because the well will do you no good without power.  Have a generator for emergencies and fuel to run it.  Get a small solar array to charge batteries--available for about $125 and looks like a briefcase.  A greenhouse for growing food would be ideal if you live in a climate that is harsh.  And you need a way to protect that you have accumulated for survival, arms, dogs, whatever. 

    I may have given this a little thought myself. :-)

  3. Brooke Lorren profile image60
    Brooke Lorrenposted 7 years ago

    I agree.  Get gold and silver with your money - now.  Utah has already passed a law saying that you can buy things with gold and silver coins.  Other places throughout the United States are also already accepting gold and silver as currency.

    Guns and ammo are also a good idea to have.  You'll want to be able to protect what you have.  Also, don't advertise that you have any of this.  You don't want hungry looters coming to your door.

    Plant a garden on your five acres.  The time to get seeds is now, not after the collapse.  Get heirloom seeds, and learn how to do the planting.

    If you wait until the headlines say economic collapse, you're behind the power curve.  Everybody is going to panic when that happens.  If you're going to do something, do it now.  When the headlines read economic collapse, then, although you may want to dump the last of your dollars in exchange for something real, you won't be panicking, because you'll be ready.


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)