Despite new job creation and a lower unemployment rate since President Obama took office, the U.S. economy is still in big trouble. On the surface it looks better, but all the problems that led to the bubble and subsequent crash in the 2000’s were never really solved. All they’ve done is re-inflate the bubble, which means it’s only a matter of time before there’s another crash.
So the question isn’t, “Will there be another crash?” The real question is, “What will set it off?” Consumer debt, the latest housing bubble, the student loan debt crisis, or perhaps some other financial crisis. Whatever it is, all we can do is prepare and hope there isn’t too much mayhem.
If you’re concerned about how the next crash is going to affect your job, home, and finances, Ask a Prepper has a list of 10 things you should do. Mind you, he doesn’t literally mean to wait until the day the economy collapses. Instead, you should start doing some of these things right away.