How To Do Just About Everything
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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.
Read.
Educate yourself. Read everything you can on how to survive a total economic collapse. See the Resources section, below. 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 "Crash Proof: How to Profit From the Coming Economic Collapse" by Peter D. Schiff and John Downes, and "The Great Bust Ahead: The Greatest Depression in American History" by Daniel A. Arnold.
Plan.
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.
Nix debt.
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.
Buy Silver.
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.
Invest wisely.
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 with Sterling Trust Company. Research stocks that will survive a total economic collapse through the Daily Reckoning Day website.
Store grain.
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.
First aid.
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.
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).
Comments
mikemontagne said
on 6/28/2008 3/3:
Given that sustainability requires a sustainable monetary system, and that mathematically perfected economy is both the only sustainable monetary system and the monetary equivalent of barter, one way or another, you are going to have to resort to mathematically perfected economy if you are going to solve your problems.
So the question is only, shall we do that only after collapse; or shall we do it before?
If before, you need to master our pages. We have no answer unless, regardless any purported difficulty, we do so, and compel all others to do so.
Regards,
mike montagne
Founder of PEOPLE For Mathematically Perfected Economy™ and author of mathematically perfected economy™ (1979)
http://www.perfecteconomy.com/
mikemontagne said
on 6/28/2008 Sorry, my post was truncated:
What you really need to take from this (free) information is, that the greatest probability of avoiding the consequence of usury is its solution. The message of PFMPE is that we can immediately and without any pain whatever transform the present system of usury into mathematically perfected economy.
The greatest power to accomplish that goal is immediate public understanding of the faults of usury and their solution (mathematically perfected economy). We can do this, but only by spreading the word of mathematically perfected economy at all possible speed.
Ozahtanka otherwise makes the best deduction, given our failure to do so. We will be able to do little to save ourselves if we must rely upon a return to the traditional barter system, because so much of our commerce is dependent upon sustainability of the unsustainable monetary system, that most
mikemontagne said
on 6/28/2008 In tracing traffic back from our website to the links here, I thought I'd leave a positive post for you.
The books cited here are recent, and borrow from the incontrovertible proposition I introduced in 1979, that any purported economy subject to interest inherently terminates itself under insoluble debt. There is no credible way whatever however, to project the length of the inevitable length of depression, or many of the other deductions the subsequent authors are peddling to you. Neither will gold save you; in fact a return to the gold standard will impose negative effects if the several articles on our pages at http://www.perfecteconomy.com/ are worth their salt.
What PEOPLE For Mathematically Perfected Economy is about is solution. There is one and one only solution for the irregularities of modern central banking systems which have been imposed upon every subject people.
W
Ozahtanka said
on 1/15/2008 If it's going to get so bad (and it just might) that you're going to stock up on shotguns and canned goods why the hell even bother with the credit cards? I think I would invest in some country acreage with basic subsistence items like laying hens and a garden before I satisfied unsecured debt. In a total economic collapse scenario a perfect credit score means nothing!
Susanh said
on 1/13/2008 No article can be completely comprehensive, but these resources are a great place to begin. We are going to have to return to the barter system, just like in the "old days".