Will the US Economic Collapse Happen in 2018? The economic forecast for 2020 is more than bleak, and there is more than enough economic data out there to show there could be an economic collapse and stock market crash in 2020. The Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it.
An economic collapse occurs when the government has no money. When the money runs out and an economic depression rolls in it is the beginning sign of a collapse. But as the depression continues for a longer and longer span of time, it becomes increasingly worse. This begins a true economic collapse and conditions can get very bad, very quickly.
What generally happens is that civil unrest begins, followed by increasing levels of poverty. The result is generally a lot of unhappy people and a big mess. It can even become dangerous to go outside because typical law and order break down. In these instances, survivalists are the ones who do the best because they are prepared for anything that comes their way.
An economic collapse could be a complete breakdown of society, or it could be like the great depression, although because we are a more dependent society these days it is likely to be much worse.
The thing to understand about an economic collapse is that it could happen anywhere. It could even happen everywhere at the same time and that can lead to desperation and problems around the world. You never know what will happen when people start getting frantic.
They don’t want to die (no one ever does) and so they do whatever it takes to protect themselves by any means necessary. You want to make sure that, no matter what happens, you and your family are going to be protected during these crises.
It’s important to mention that an economic collapse doesn’t have to mean a full meltdown of society as we know it. In fact, an economic collapse could happen just in your own family. People lose jobs all the time. It’s an unfortunate truth but it is most definitely true.
So what would you do if your family lost their job? Would you be able to continue on in the lifestyle that you’re accustomed to or would things need to change? Some people are able to make it work, they cut back a little and everything is still fine. Some families, on the other hand, are devastated.
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Preparing for an economic collapse means preparing for the other crisis that follow. An economic collapse could mean job loss, rising crime rates and the suspension of our constitutional rights.
This is why I feel that preparing for an economic collapse encompasses all of prepping. Preparing for the coming collapse doesn’t just mean having food and water, it means being ready to handle the aftermath like a grid down event or Martial Law.
Learn survival skills
Survival skills like how to take care of wounds (minor and not so minor) as well as how to hunt, fish, build a shelter, tie a rope and build a fire are extremely important when things get bad.
You want to make sure that you can accomplish all of these tasks which may take a little more effort and a lot of training. Look for classes on survival skills or check out books that will help you learn. Programs like Girl Scouts and Boy Scouts are able to help you in many ways as well.
Bartering Might Become Common Place
Even if an economic collapse is not a complete collapse we will probably revert back to some sort of bartering system. If money becomes worthless our skills and our supplies will become our currency. Good bartering items include first aid supplies, alcohol, clothing and even small items like lighters.
Bartering could also include your skills. If someone has no idea how to garden, and you do, that will be very valuable to that person and you could possibly take a portion of the harvest for teaching them. I have a couple of articles here and here about valuable post collapse skills to have or learn.
A “Recommended Reading” list guides you to more great ideas from the past.
Learn preservation techniques
Preserving foods is essential as well. You need to make sure that everything you purchase or everything you grow is going to stay useful for as long as possible. The best way to do this is to preserve it. Learn different types of preservation techniques and you’ll be able to store your food even longer. It will help you keep them healthy for your family as well. What you want to do is make sure that you’re keeping as much of the nutrients as possible when you preserve foods so look for ways that aren’t going to eliminate everything your body needs.
Food Storage and Survival Supplies
This might be a little obvious but still needs to be mentioned. If a loaf of bread costs $20 and if we lost our job because of a depression type event not having to worry about buying food on a daily basis will not only help us live through a collapse, it will give us think about something other than feeding the family…like security and survival.
Having long term food storage and survival supplies also means there will be no need to put yourself in danger by having to venture out into the chaos just to survive. The severity depends on the level of the collapse, but having the ability to bug in is always a good plan.
Have weapons for hunting/protection
In a lawless place you may also need to do your own hunting for food and you may need to protect yourself from people around you (depending on just how bad things get). In these instances you need to have weapons and methods of protection around.
Like it or not, self-defense is going to be very important. People are going to want what we have and if the only way to get it is through force they will justify it. During an economic collapse the crime rate will skyrocket, and who knows how much help the police will be.
Self-defense ranges from firearms, to non-lethal weapons, to physically being able to defend yourself. Some people are not comfortable owning firearms and I wrote this post about non-lethal weapons if that is the case for you. I personally believe that everyone should own and be educated about gun safety even if you never plan on using it.
Disaster preparation has received a lot of attention in the recent past. In fact, people who live in every corner of the world prepare for various disasters such as famine and war. Some of them even prepare for zombies. It is always better to prepare to face disasters as they can hit us at unexpected times. However, it should be done according to a plan. That’s where The Lost Ways comes into play. This guide follows a scientific approach to help people prepare for disasters. In fact, it would let people know about the secret methods followed by the ancestors to survive disasters. They include a variety of disasters such as droughts, diseases, financial crisis, wars, famines and everything else life threw at them. For More Information about The Lost Ways Survival Guide Click Here