Currency Devaluation: Prices skyrocket instantly on all products and services. Read something about Germany’s inflation after WW1, or look at Argentina or Venezuela. All Fiat currencies throughout history have eventually ended at zero. Ours will be no different.
Society as we know it will break down and collapse . While it can be accelerated by certain events like war, a natural disaster, pandemic, terrorist attack, or even an impending asteroid impact, history has shown that economic collapse will essentially happen . To survive the collapse, it is important to read and interpret the signs and understand what assets are important to the current situation so you can be prepared for the worst thereby allowing you to survive intact and with as little damage as possible.
As we noted last week, one of the biggest problems for the Central Banks is actual physical cash.
The financial system is predominantly comprised of digital money. Actual physical Dollars bills and coins only amount to $1.36 trillion. This is only a little over 10% of the $10 trillion sitting in bank accounts. And it’s a tiny fraction of the $20 trillion in stocks, $38 trillion in bonds and $58 trillion in credit instruments floating around the system.
If a significant percentage of people ever actually moved their money into physical cash, it could very quickly become a systemic problem.
Indeed, this is precisely what caused the 2008 meltdown, when nearly 24% of the assets in Money Market funds were liquidated in the course of four weeks. The ensuing liquidity crush nearly imploded the system.
Because of this, Central Banks and the regulators have declared a War on Cash in an effort to stop people trying to get their money out of the system.
One policy they are considering is to put a carry tax on physical cash meaning that your Dollar bills would gradually depreciate once they were taken out of the bank. Another idea is to do away with actual physical cash completely.
Perhaps the most concerning is the fact that should a “systemically important” financial entity go bust, any deposits above $250,000 located therein could be converted to equity… at which point if the company’s shares, your wealth evaporates.
If the global economy collapses, you need to be prepared. Where can you hide? What are the pros and cons of these locations? Are they prone to natural disasters?
It is Going to Get Worse
The total collapse of the economy begins after a significant and prolonged decline. The government implements price controls.The government begins to print currency to pay its bills and support the tens of millions on public assistance. Inflation increases even more and unemployment exceeds 25%. Banks and businesses fail at ever increasing rates. Nobody seems to have any money. Labor unions instigate strikes, civil unrest, and large scale riots. Government services are interrupted and unreliable. Local and national infrastructure is in decay. Violent gangs begin to appear and assert themselves. The government begins confiscation of firearms from law abiding citizens. Violence is everywhere. Cities and urban areas become very dangerous places to live.
Financial Meltdown: An economic collapse could lead to a domino effect bringing down the entire system. When the SHTF, food will become a valuable commodity.
Nuclear Meltdown or ‘Exchange’: Be it via one or more nuclear plants (sabotage, cyber-attack, earthquake or tsunami damage), or via a nuclear weapons ‘exchange’ – the risks exist, and there are madmen in this world.
Regional Social Chaos: Rioting, Looting on a grand scale. It will be dangerous to go out during these times. The trigger event could be nearly anything. We’ve seen it in the news, and it will happen again somewhere.
Terrorist Attack: An attack if bad enough will close down some or all public movements. It may also shock the markets into financial turmoil – creating price increases and supply or distribution problems.
Collapse of Government: It has happened throughout history. Overthrow. Default. Other reasons. When the gov’t EBT cards stop working, it’s game-over.
EMP: An electro-magentic-pulse, either man-made (EMP nuke) or a natural event (massive solar flare and CME). It could destroy the electric power grid, anything electronic. We will be sent back to the stone age and most will not survive it.
War; World War: Prices go up as the uncertainties of war pressure the markets. The price of oil puts price pressure on everything, including food, and it will probably skyrocket.
Power Outages: You never know when a power outage will happen. Usually power is restored within minutes or hours, but depending on the situation, it could take days, weeks, or even longer to restore power. In times like these, those who are unprepared may be out in hordes stealing from local food stores. Make sure you’re prepared with enough food and water to feed the family without having to leave the safety of your own home.
GET RID OF DEBT
If you have debt during an economic collapse it can be even more detrimental. You want to make sure that you are prepared for anything that could come and that means you need to have no money owed to anyone. If no one else has money those people are going to come back trying to collect from you and that can be disastrous when you already don’t have enough money for your own needs, your own family or anything else. You want to make sure you are never living in debt because you never know what could happen.
PREPPING FOR A LAWLESS SOCIETY
In order to be fully prepared for what is to come it’s important to think about what you will need. You’re going to need a lot of equipment and tools but a lot of basic things as well. The reason for this is when the entire world starts changing you never know what’s going to be hard to find.
You may not be able to get water, food or even basic hygiene products. So take some time to look over this list and make sure you’re ready for what’s to come.
“There are rising stresses in the global financial system; in particular the rising risk of a U.S. corporate default cycle and the risk of a sharp one-off renminbi devaluation due to the sharp increase in China’s capital outflows,” Deutsche Bank added.”Buying some gold as ‘insurance’ is warranted.”
The Grab for Power
The collapse can transition to this stage at any time . Most of the middle class have lost everything. What used to be well manicured middle class neighborhoods are filled with the carcasses of empty houses damaged and destroyed by vandals. The power grid becomes unreliable. Rolling blackouts are a daily occurrence. Now the economy collapses. There is a rush for everything and the shelves go empty in a matter of hours. Society falls into chaos. The control of urban areas shifts when violent gangs takeover control of the streets and urban neighborhoods. Everything is in short supply and heavily rationed. Food and gasoline is very expensive and there are very long lines to get them when they are available. You will discover what it is to live in a third world country.
Discover how to survive: Most complete survival tactics, tips, skills and ideas like how to make pemmican, snow shoes, knives, soap, beer, smoke houses, bullets, survival bread, water wheels, herbal poultices, Indian round houses, root cellars, primitive navigation, and much more at: The Lost Ways
The Lost Ways is a far-reaching book with chapters ranging from simple things like making tasty bark-bread-like people did when there was no food-to building a traditional backyard smokehouse… and many, many, many more!
Here’s just a glimpse of what you’ll find in The Lost Ways:
From Ruff Simons, an old west history expert and former deputy, you’ll learn the techniques and methods used by the wise sheriffs from the frontiers to defend an entire village despite being outnumbered and outgunned by gangs of robbers and bandits, and how you can use their wisdom to defend your home against looters when you’ll be surrounded.
Native American ERIK BAINBRIDGE – who took part in the reconstruction of the native village of Kule Loklo in California, will show you how Native Americans build the subterranean roundhouse, an underground house that today will serve you as a storm shelter, a perfectly camouflaged hideout, or a bunker. It can easily shelter three to four families, so how will you feel if, when all hell breaks loose, you’ll be able to call all your loved ones and offer them guidance and shelter? Besides that, the subterranean roundhouse makes an awesome root cellar where you can keep all your food and water reserves year-round.
From Shannon Azares you’ll learn how sailors from the XVII century preserved water in their ships for months on end, even years and how you can use this method to preserve clean water for your family cost-free.
Mike Searson – who is a Firearm and Old West history expert – will show you what to do when there is no more ammo to be had, how people who wandered the West managed to hunt eight deer with six bullets, and why their supply of ammo never ran out. Remember the panic buying in the first half of 2013? That was nothing compared to what’s going to precede the collapse.
The Economic Collapse Will Bring Starvation And Most Will Not Survive
From Susan Morrow, an ex-science teacher and chemist, you’ll master “The Art of Poultice.” She says, “If you really explore the ingredients from which our forefathers made poultices, you’ll be totally surprised by the similarities with modern medicines.” Well…how would you feel in a crisis to be the only one from the group knowledgeable about this lost skill? When there are no more antibiotics, people will turn to you to save their ill children’s lives.
If you liked our video tutorial on how to make Pemmican, then you’ll love this: I will show you how to make another superfood that our troops were using in the Independence war, and even George Washington ate on several occasions. This food never goes bad. And I’m not talking about honey or vinegar. I’m talking about real food! The awesome part is that you can make this food in just 10 minutes and I’m pretty sure that you already have the ingredients in your house right now.
Really, this is all just a peek.
The Lost Ways is a far–reaching book with chapters ranging from simple things like making tasty bark-bread-like people did when there was no food-to building a traditional backyard smokehouse… and many, many, many more!
And believe it or not, this is not all…
Table Of Contents:
The Most Important Thing
Making Your Own Beverages: Beer to Stronger Stuff
Ginger Beer: Making Soda the Old Fashioned Way
How North American Indians and Early Pioneers Made Pemmican
Spycraft: Military Correspondence During The 1700’s to 1900’s
Wild West Guns for SHTF and a Guide to Rolling Your Own Ammo
How Our Forefathers Built Their Sawmills, Grain Mills,and Stamping Mills
How Our Ancestors Made Herbal Poultice to Heal Their Wounds
What Our Ancestors Were Foraging For? or How to Wildcraft Your Table
How Our Ancestors Navigated Without Using a GPS System
How Our Forefathers Made Knives
How Our Forefathers Made Snow shoes for Survival
How North California Native Americans Built Their Semi-subterranean Roundhouses
Our Ancestors’Guide to Root Cellars
Good Old Fashioned Cooking on an Open Flame
Learning from Our Ancestors How to Preserve Water
Learning from Our Ancestors How to Take Care of Our Hygiene When There Isn’t Anything to Buy
How and Why I Prefer to Make Soap with Modern Ingredients
Temporarily Installing a Wood-Burning Stove during Emergencies
Making Traditional and Survival Bark Bread…….
Trapping in Winter for Beaver and Muskrat Just like Our Forefathers Did
How to Make a Smokehouse and Smoke Fish
Survival Lessons From The Donner Party
Books can be your best pre-collapse investment.
The Lost Ways (Learn the long forgotten secrets that helped our forefathers survive famines,wars,economic crisis and anything else life threw at them)
Survival MD (Best Post Collapse First Aid Survival Guide Ever)
Conquering the coming collapse (Financial advice and preparedness )
Liberty Generator (Build and make your own energy source)
Backyard Liberty (Easy and cheap DIY Aquaponic system to grow your organic and living food bank)
Bullet Proof Home (A Prepper’s Guide in Safeguarding a Home )
Family Self Defense (Best Self Defense Strategies For You And Your Family)
Survive Any Crisis (Best Items To Hoard For A Long Term Crisis)
Survive The End Days (Biggest Cover Up Of Our President)
Drought USA (Discover The Amazing Device That Turns Air Into Water)