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America and her IMPENDING economic COLLAPSEyoutube.com13분 - 2011년 7월 4일 - 업로더: AlmostTooLateNow |
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The Economic Collapse - How It Will Happenyoutube.com8분 - 2011년 7월 15일 - 업로더: TheFirstAahz triplew.myefoods.com Discussion about how the coming economic collapse will happen, and how to prepare yourself. Visit http to ... |
Is total economic collapse just around the corner? As the U.S. dollar weakens and the price of goods such as oil, grain and gold rise, many fear for the economic stability of the country. So how does one survive total economic collapse? The U.S. dollar is weak and it may be too late to save the finances of this debt-driven economy. However, it's not too late to learn some basic survivalist skills. Following are some tips and resources. Here's how to survive a total economic collapse.
Educate yourself before hand if possible. Read everything you can on how to survive a total economic collapse. Start with "Financial Reckoning Day: Surviving the Soft Depression of the 21st Century" and "Empire of Debt: The Rise of an Epic Financial Crisis", both by William Bonner, for a historical perspective and very well-written analysis of the current situation. Also read "The Great Bust Ahead: The Greatest Depression in American History" by Daniel A. Arnold. (See the Resources section, below.)
Make a plan for how to survive a total economic collapse. List your debts and assets. How quickly can you pay down your debt, while still purchasing necessary supplies? Your goals should include no debt and the procurement and storage of valuable assets. Your preparation timetable should be as short as possible.
Pay off debt and avoid new debt by paying with cash instead of credit cards. Concentrate on paying off high-interest debt, loans with adjustable rates and unsecured debts first. Sell expensive vehicles that have loans to pay off what you owe, and buy cheaper replacements using cash. In order to survive a total economic collapse, you need to have assets, not liabilities. (Note: storing food and resources are higher priority than paying down debt for families of modest means.)
Change liquid savings into silver and gold. If the dollar collapses, having precious metals will preserve your money and it can be used as currency or exchanged for a currency with value, such as Swiss francs. As the dollar continues to lose value, silver dollars preserve their value or go up in value, thus protecting your assets in the event of a economic recession, allowing you to financially survive a recession or depression.
Re-evaluate your stocks and mutual funds. In order to financially survive a total economic collapse, your investments must be secure. Consider putting some of your stocks into gold (GLD) or opening a precious metals IRA. Research stocks that will survive a total economic collapse through sites like Daily Reckoning Day.
Purchase goods and valuables such as guns for hunting and personal protection, and basic food supplies such as whole grains and legumes, which are easy to store. Invest in water purification bottles and tablets, and keep some bottled water on hand to meet immediate needs in the event of a shortage. All of these will make it more possible to survive a total economic collapse.
Prepare a First Aid Kit, sewing kit and other practical necessities of daily life to aid in survival of a total economic collapse. These are good things to have on hand anyway, for regular daily life as well as unforeseen emergencies.
Get to know your neighbors and build a community wherever you are. In the event of total economic collapse, life will become very local and survival will depend on working together with others, beginning with families.
Grow some of your own food and raise animals for meat. Chickens and rabbits are small and easy to tend. Chickens provide eggs as well as meat and are excellent sources of protein and fat, both critical for survival. In economic downturns such as a recession or depression, being able to produce food is a important skill to have.
Learn how to barter, and stock items to trade. Think about necessities (wool blankets, soap, boots, duct tape, ammunition) as well as luxuries (chocolate, tobacco, alcohol). Useful tools will be more valuable than money if there is a currency collapse. Useful barter items will be helpful to have on hand as you prepare to survive an economic collapse.
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Learn how to store foods through Mormon resources.
Investigate the best ways to store assets such as silver.
Secure all guns and ammunition safely.
Talk with your family members to get everyone in the mindset of preparing for an economic collapse or depression.
Don't lose your food due to improper storage. Ensure everything is stored and sealed correctly.
Read Next: How to Survive and Thrive after Total Economic Collapse
This article will give you a very brief overview of steps you can take to survive this and any future financial crisis
Many of you who have been watching the financial news are aware that this country is facing a financial nightmare unlike any we have seen since the great depression of 1929. You may be worried about what is going to happen to your money, your job, your home, and even your family. While I don't have all the answers for you, I will give you some tips to guide you in the right direction.
The very first thing you should do is make sure you have three months income stashed away for hard times. If you loose your job you can cut your expenses to the bone and this money should last you four to six months. I strongly suggest you not keep this money in a bank or other financial institution. If worst comes to worst and the banks have to shut down even for a short time you are going to need hard currency to get the things you may need.
The second thing you need to do is build up at least a months supply of storable foods. Also have some portable water purifiers on hand to insure you have a good supply of potable water. Focus on healthy foods but make sure they are portable in case you have to move suddenly. Add to this cache a excellent quality first aid kit with a physicians desk reference and a three month supply of any and all medications you need. Add a ninety day supply of multivitamins for each of your family members as well.
The third thing you need to do and I know many people will disagree with me on this but facts are facts, you need to purchase and learn how to use some good quality firearms with a good supply of ammunition to protect you and your family if things get really bad. I doubt you will ever have to use them and you probably don't want to think about this but its better to be safe than sorry.
The forth thing you need to do is eliminate anything from your budget other than what is absolutely necessary. Talk to your bank and let them know if they don't refinance your home loan with a lower payment to reflect the real value of your property instead of the fraudulent value caused by real estate investors over the past decade, that you plan to let your home foreclose. They will probably not do this but it is worth a try. Start negotiating at around eighty percent of the current value of your home. You will still be paying more than it is worth, however I'm positive that no bank will work with you on anything less than eighty percent.
The fifth thing is to repeat this process with your credit cards and other lines of credit. Call them up and ask for a reduction of interest rates or you are planning on letting the account default. Explain that you just can't afford to pay what you are paying now. Food, shelter, transportation, medical care come first and your stretched to the limit. Many times these credit account holders will work with you and it never hurts to ask.
The sixth thing is to make sure your investments are not based in currency instruments or paper. Switch them over to durable investments like gold, silver, wood, water, oil, food crops, etc. These have real value. Right now there is no real way to tell if any of the paper instruments have any value what so ever.
These may seem like extreme measures to you, but we are in extreme times. Many of you were given credit you would have never been given if the entire system was not riddled with fraudulent activity. Insure your survival first and then pay what you can when you can.
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