If there is a global meltdown of the economy, which places would be good to live and why?
In case of a calamitous meltdown of the global economy in or after 2012, which countries or geographical areas may be less affected than others.
Australia, it's been pretty much recession proof and much of it's income comes from mining which is always necessary.
It depends how much land, gold, or other property you own. There will still be law and order. The military is so large and powerful that it may take over the government, but no one will be able to take your property.
Generally, more remote is better, assuming, of course, that you can get along with just the necessities. A small hamlet or village will in many cases be better than a big city; for sure, stay out of tourist spots. Rural will be better than urban, both in terms of being inconspicuous and of being self-sufficient such as growing your own food. Choose somewhere you speak the language over somewhere you don't, and if you're heading for a really primitive area, make sure that you have sufficient survival skills such as building a solar oven to pasteurize water.
A course or two in self-defense (I don't mean martial arts), as well as how to set up low-tech perimeter alarms will also come in handy.
by Suzette Walker5 years ago
With the euro dollar close to demise, with Spain and Greece on the brink of default, with more and more interdependence of nations on this global economy is the entire world on the way to a world depression? The...
by PhoenixV3 years ago
What Are Some Easy Ways To Live More Self Sufficient?
by mrs.lanier4 years ago
what does it mean to live in a global economy
by Grace Marguerite Williams4 years ago
believe would have made a more efficient president? Why?
by ThunderKeys6 years ago
Is there anyone reading who can explain the global economic crisis simply and objectively in just a few paragraphs? When I try to find information to understand what's going on with the Euro and with the US economy,...
by Kathryn L Hill22 months ago
Causes, Effects, When and How to get ready ... Better yet, how to Prevent? Just Wondering
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.