A hallmark of economic catastrophe for a country is the collapse in the value of its currency, otherwise known as ‘hyperinflation’. Cases of hyperinflation abound throughout history, with two of the most famous happening in Weimar Germany in the 1920s and, more recently, Venezuela after the oil price collapse in … [Read more...]
9 Things To Do Before The Economy Collapses
If you're a long-time reader of this site, you may already know that the event that turned me into a prepper was the 2008 financial crisis. It made me realize that the system we all depend on is far more fragile than I ever imagined. What's worse, the fundamental problems that led to the Great Recession were never … [Read more...]
13 Things to Do Before the Economy Collapses
A few weeks ago, I shared an article on Facebook about the potential for an economic collapse in the near future, and someone left a comment saying, “Why do I keep hearing this warning over and over and over for years, and yet nothing ever happens?” Good question. When people keep saying that the sky is falling and it … [Read more...]
7 Ways to Prepare for a Financial Crisis
The Great Recession officially ended in June of 2009--over 8 years ago--and since the United States has never gone over 10 years without a recession, something tells me hard times are just around the corner. If you're not prepared for a financial crisis, it's time to get started. And even if there's never another … [Read more...]
8 Things To Do NOW Before The Economy Crashes Again
The stock market has seen nearly perpetual success over the last eight years. The country is also carrying 20 trillion dollars in debt that will expand exponentially in the coming years. Worse than that, many Americans are so woefully unprepared for an economic downturn that if we see something like a derivatives … [Read more...]
10 Lessons From Venezuela’s Economic Collapse
Do you remember the days when a vacation to Venezuela was one of the best prizes you could win on The Price Is Right? If so, you may be surprised that such a thriving nation could be brought to its knees almost overnight. Sadly, if the wrong combination of events line up, even the greatest nation on Earth can be … [Read more...]
17 Best Jobs To Have When The Economy Collapses
An economic collapse, like the one many of us remember in 2008, can have a devastating ripple effect across the entire world. When things start to slow down, people have to tighten their purse strings. And when that happens, businesses struggle and start laying off workers. That results in even tighter purse strings, … [Read more...]
Precious Metals in an Urban Survival Scenario
We can all imagine a chaotic, unstable, "Mad Max" scenario if indeed the shit hits the fan. That's what we're all preparing ourselves for, right? It makes a hell of a lot more sense to be ready in case something like that happens than to sit idly by and dismiss the possibility. You have nothing to lose by preparing, … [Read more...]
What Will You Eat After The Economy Collapses?
My wife was living on the coast of Mississippi when hurricane Katrina struck. I'll get into the details of her experience in another post, but for now I want to talk about what they ate in the days after the hurricane passed. They were without power for two weeks, but fortunately her father had a generator so they were … [Read more...]
