Today, millions of people are saying that they believe the United States and possibly the entire world is on the verge of a significant economic collapse; and that we will soon be entering another great depression. Only a small percentage of these same people are prepared for the imminent to happen.
The sad truth is that the vast majority of us would last little more than a month on what we have stored up in our homes. Most of us are so used to running out to the supermarket for whatever we need, whenever we need it. We never stop to consider what would happen if suddenly we were not able to do that anymore.
The US economy is in a massive bubble that we have not seen for a long time. The event of a collapse would be sudden and swift because the sign of imminent failure is difficult to understand. For example, the US economy nearly collapsed on September 17, 2008, forcing panicked investors to withdraw a record one hundred and forty billion dollars from money market account. Those accounts are where business keeps their cash to fund day to day operations. If withdrawals have gone for even a week, the entire economy would have halted. If the US economy collapses, you would not have access to your credit and banks would close; meaning high demand and low supply of food, gas and other necessities.
If the collapse affects local government and utilities, water and electricity would no longer be available. As people begin to panic, self-defense becomes more critical, and when that happens, things are going to get desperate for many people. We all know what happens when we live in a hopeless society, people in that community will revert to doing drastic things, like suicides. Violent crimes would undoubtedly go up as new street gangs forms, and current street gangs are increasing in numbers to survive. Police would be short-handed while street gangs and career criminals would be free in taking whatever they wanted from whoever they could.
All it would take for the entire US to resemble New Orleans after Hurricane Katrina would be for a World War 3 event or widespread terror attacks like we’ve never seen before to occur. If these events would happen to strike at just the right time, it could push the US economy over the edge.
How would you survive if you suddenly could not rely on the vast international corporate giants to feed, cloth and supply you and your family with all the things we now take for granted?
Do you have a plan? Unless you already live in a cave or buried in the wilderness, you should see that our society is much more vulnerable now than it has ever been.
We’ve had unprecedented large earthquakes and hurricanes around the world. You can take a look at the Earthquake in Haiti and the volcano eruption in Iceland to see how devastating a natural disaster can be. We also have a world full of lunatics running their respected countries, and if only one of them decided to detonate a nuclear weapon inside major a city, it could be the beginning of the end for our financial security.
Scientists tell us that a massive high altitude EMP blast could send a significant portion of the United States back into the stone ages in an instant. There is a constant threat that the outbreak of a significant viral pandemic such as what happened with the 1918 Spanish flu could kill millions of people around the globe and paralyze the economies of the world. The fact is, even without all these events I’ve just mentioned, the US economy is eventually going to collapse. Just think of what would happen if one or more of those things does happen on top of all the economic problems that we are having. Are you prepared?
The following is a list of thirty things you and your family will need to do to survive when the economy collapses, and the catastrophic disaster begins.
1- Keep Some Cash at Home
Keeping some cash at home goes along with a previous point, while it is not wise to save all your money at home, you do want to keep some cash on hand. If there is an extended bank holiday or if a giant solar flare causes the ATMs to go down, you want to have enough money on hand to buy things that your family need. One way to keep cash secure at home is by storing it in a concealed and safe place, preferably in a fireproof box.
2- Get Out of Debt
Most people seem to think that a massive economic collapse would wipe out all debts but that will probably not be the case. In fact, if you’re in a tremendous amount of dept you will be very vulnerable if the economy collapses and you’re not able to find a job. Just ask the people that are overextended and lost their jobs during the last recession.
Federal imprisonment for unpaid debt has been illegal in the US since 1833. It’s a practice people associate more with the age of Dickens than modern-day America. But as more Americans struggle to pay their bills in the wake of the recession, collection agencies are using harsher methods to get their money, ushering in the return of debtor’s prisons. In many areas of the country, they are now routinely putting debtors into prison. You do not want to be a slave to debt when the next economic collapse comes.
3- Gold and Silver
In the long term, the US dollar could lose a tremendous amount of value, and inflation is going to skyrocket. That is one reason why so many people are investing heavily in gold and silver and precious other metals. All over the world, the central banks are recklessly printing money, and this is going to end very badly if it keeps up at this steady pace. There is already a push in more than a dozen US states to be able to use gold and silver coins as legal tender. Someday, you will be glad that you invested in gold and silver while their prices were still low.
4- If Possible, Move Away From Big Cities
For many people, it is just not possible to move away from a big city they call home because they are dependent on their jobs. If you can walk away from a big city, now would be a good time to do it because there will be rioting and a dramatic increase in major crimes where ever an economic downturn occurs. If you can move to a more rural area, you will probably be in a better situation if such a thing does happen.
5- Warm Clothing and Hiking Gear
If you and your family plan to survive for the long term in a nightmare economic situation, you are probably going to need some warm, functional clothing. For people living in colder climates, this is going to mean storing up plenty of blankets and cold weather clothes. For others that live in areas where it rains a lot, you will need to be sure to stock up on rain gear. If you think you may have to survive outdoors in an emergency situation, make sure you and your family have something warm to put on your heads because someday after the economy has collapsed and people are struggling to survive, a lot of people are going to end up freezing to death. In the coldest areas, it is possible to freeze to death within your own home.
Wool sweaters will keep you warm and alive in sub-zero temperatures. You can always buy a bunch of sweaters at a military thrift store and keep them in rubber made tubs until you need them.
6- Hicking Boots or Comfortable Shoes
When you look at most survival necessity list, comfortable shoes and hiking boots usually never make first, second, or even third place. Most of the time it never makes a list at all. Having hiking boots or comfortable/functional shoes will be absolutely critical because you may very well find yourself in a situation where you and your family will have to hike or walk wherever you want to go. How far do you think you will get in high heels?
You will want footwear that you would feel comfortable walking in for hours if necessary. Also, you will want footwear that will last a long time because when the economy indeed collapses, you may not be able to run out to the shoe store and get what you and your family need.
7- Survival Gas Mask
A survival gas mask is one piece of survival gear we always associate with chaos, war, terror attacks and mass destruction events where the air we breath is no longer safe anymore and has turned toxic and deadly. When the air is no longer safe to breathe, you could assume that the world as we know it is officially over.
Way too many survival articles on the web begin by pointing out that water is the number one survival need. In my opinion, it is not. Im not saying that clean drinking water is not crucial for survival, its essential, but it’s also secondary. Fresh and abundant breathable air trumps water every single time, why? While it is a well-established fact that we can only survive three days without water, even less than that is you’re in a location of intense heat, you can just survive a few minutes without oxygen.
8- Axe, Shovel, Knife
Staying along the theme of staying warm, you may want to consider investing in a good axe. In the event of a significant emergency, gathering firewood will become a priority, and it will make this task much harder when you do not have the necessary tools.
An Axe or a good and reliable knife, you can make shelter, get some wood, provide food and make clothing. Other options are an excellent multipurpose shovel. Get a proper sheath for whatever you decide to buy to protect the blade, and yourself.
9- Self Defence Equipment
Whether its pepper spray to defend yourself against animals or something more robust like firearms, millions of people will someday be thankful they purchased defense tools before it was too late.
10- Buy Some Ammunition While You Still Can
Your guns will not do you much good if you don’t have ammunition for them. There are already widespread reports of substantial ammunition shortages around the world; But thankfully there has been an announcement that Advanced Munitions International (AMI) will build a new ammo-making plant in Maryville, Tenn., that will employ about 600 people. This new facility is a $553 million development project that is expected to be completed in late 2018.
Ammo manufacturers are scrambling to accommodate demands and reassure customers as many new and seasoned gun owners stock up over fears of new firearms regulations at both state and federal levels. Don’t assume that you will always be able to purchase large amounts of ammunition whenever you want. Buy it now while you still can.
11. Compass and Maps
In the event of a major emergency, you and your family may find yourself having to be on the move. If you’re in the wilderness area, it will be very hard to tell what direction you are heading without a compass. It is always a good idea to have at least one compass stored away in a safe place where you can easily access one when you need it. The compass on your iPhone does not count because if your battery is dead, your compass will be gone for good.
12- Swiss Army Knife
If you have ever owned a Swiss army knife you probably already know how incredibly handy and versatile these types of blades can be. In an actual survival situation, a Swiss Army knife can literally do dozens of different things for you, so make sure you have at least one stored in your emergency shelter or bug out bag.
13- Hiking / Survival Backpack
If you can’t carry your tent, water filter, matches, knife, and clothing, you’re pretty much screwed if you have to quickly bug out. Having a bug out bag or survival backpack for everyone in your family is extremely important. If something happens in the city where you live and you suddenly have to pick up and go, where would you put your most important things, and how would you carry them if you have to travel by foot. These are very important things to think about.
Some people will resort to sleeping on the streets and will actually be able to get by and survive, that’s not the case for the majority of people. The vast majority of us will need some sort of shelter to survive for a more extended period of time. What would you do if you and your family lost your home or suddenly were forced from your home? Where would you go?
The best thing to do is to come up with several plans. Do you have relatives that you can rely on taking you to their bug out location while in a state of emergency? Do you own a tent or sleeping bag if you had to rough it? If one of these days SHTF and your family have to bug out somewhere, where would that place be? You need to have a plan.
15- Clean Water
Most people can survive some weeks without food, but without water, you will die in just a few days. Where would you get water if the water supply suddenly stopped flowing out of your taps? Do you have a plan? Is there an abundant supply of clean water near your home? Would you be able to boil water if you need to, besides storing water and figuring out how you would be able to gather water if society breaks down?
Another thing to consider is water purification tablets. The water you would be able to gather in a time of crisis may not be suitable for drinking, so you may find that water purification tablets will come very handy! Click here for the current Amazon pricing on Water Filtration Tablets.
Water filter bottles, pumps and gravity water filters are also must!
16- Lighters or Matches
You will undoubtedly want a lighter or matches so you can boil water, cook food and stay warm. A Ferrocerium Rod is also a great thing to have since its easy to use and will last much longer than matches and lighters.
How do you think you will start a fire if you don’t have any of these items? By rubbing two sticks together? Now is an excellent time to stock up on these things because they are relatively inexpensive and easy to store in an emergency shelter. In addition, you may want to consider stocking up on a supply of candles. Candles come in quite handy whenever the electricity goes out. In the event of a long-term economic nightmare, we will all see why our ancestors relied so heavily on candles. There are seventeen ways to start a fire without matches. Learn several of them and carry the necessary material to do them.
17- FlashLight or Lantern
When the power goes off in your home, what is the first thing you grab? A flashlight or lantern of course. In the case of a major emergency, a flashlight or a lantern is going to be a necessity, especially if you need to go anywhere at night. Solar powered or cranked style flashlights and lanterns will probably be best during a long-term emergency. If you only have battery powered units you will want to start storing a lot of batteries.
18- Emergency Food Storage
A bug out bag or an emergency shelter should have enough food to last you at least 72 hours. Food is going to instantly become one of the most valuable commodity in the event of an economic collapse. If you don’t have enough food stored, then you will probably not survive. Most American families could not last much more than a month on what they have in their house at this very moment. Click HERE for a complete guide on what you should store in your emergency food shelter.
What about you, if disaster stuck right now, how long could you and your family survive on the amount of food you currently have in your house? The truth is, we all need to begin setting up an emergency food stock because if you and your family suddenly run out of food, you will suddenly find yourself competing with hordes of hungry people who are looting stores and roaming the streets looking for something to eat.
You should also think about growing your food and setting up a sustainable garden. That will however take time so in the meantime, store up enough food in case SHTF before your garden is indeed up and ready. Stock up on seeds ASAP if you plan on starting a garden. Seeds are inexpensive and easy to store. When the economy collapses, the remaining seeds will disappear very quickly. If you think you are going to need seeds, now is the time to get them.
19- Learn To Grow Your Food
Learning on to grow the food you and your family will be eating is a skill that most North Americans possessed in the past; but that almost everyone has forgotten. Growing your food is a way to become more independent of the system and is a way to get prepared for what is ahead.
20- First Aid Kit / Medical Supplies
It is important to note that you may not have access to hospitals, or a doctor during a major crisis. In your survival supplies, be certain that you have an excellent first aid kit and other medical supplies you think you may need. A good tip is to buy a large first aid kit that would be able to accommodate up to one hundred people. The reason for this is because if you are in a danger zone for an extended period, you might need more medical supplies than an average first aid kit would be able to handle. It is also nice to have enough supplies to help others, to build friendship and even barter for other useful items you might be missing.
21- Stock Up On Vitamins
A lot of preppers do not think about this either, but this is very important. These days it is becoming increasingly difficult to get adequate nutrition from the food we eat. That is why it is essential to have a proper supply of vitamins and other supplements.
If a significant crisis hits the area where you live, what will your family want? Among other things, you will all want to know what in the world is going on. A radio can be an invaluable tool for keeping up with the current news and events. Solar powered, or crank style radios will probably work best in the long run. A battery powered unit would work as well but only for as long as your batteries can last.
23- Communication Equipment
When things really hit the fan, you are going to want to communicate with your family and friends. You will also want to be able to contact an ambulance or law enforcement if needed. Having an emergency cell phone is excellent but it may or may not work during times of crisis. The internet also may or may not be available. Be sure to have a plan, whether its high tech or low tech for staving communication with others during a major emergency.
24- Personal Hygiene Items
While these may not be an absolute essential, the truth is that life will get very unpleasant, very quickly without them. For example, what would you do without toilet paper? Just think about it. Imagine that you just finished your last roll of toilet paper and now you can’t get any more, what would you do?
One thing that you can use, and save yourself a tone of money is a lab irrigation bottle. An irrigation bottle only cost around ten dollars. Most families spend between one hundred and three hundred dollars a year on toilet paper. The irrigation bottle will pay for itself in a day or two and save you hundreds of dollars annually. You can even buy one for every member of your family, and you will still save yourself hundreds of dollars.
The truth is that soap, toothbrushes, toothpaste, shampoo, toilet paper, and other hygiene products are things we take entirely for granted in society today. What would happen if we could no longer go to the store and buy these items any longer?
25- Don’t Forget the Needs of Your Pets and Babies
Children and pets have special needs. As you store supplies, don’t forget about the things that they would need as well. Extra diapers is a good thought, but you should strongly consider making or buying washable cloth diapers since you can reuse them as many times as you want and not be scared of running out.
26- Sewing Kit
If you are not able to renounce and buy new clothes for you and your family, what would you do? For starters, you would want to repair the clothes that you already own and make them last as long as possible. Without a sewing kit, this will be very difficult to do.
There may come a day when gasoline is rationed or simply no longer available at all. If that happens, how would you and your family get to your desired locations? Be sure to have some extra gasoline stored away, just in case you find yourself needing to get somewhere someday. Don’t forget to pour a few drops of gasoline stabilizer if you’re thinking of storing gasoline for emergency purposes. By using some gasoline stabilizer, you will ensure that your gas remains highly combustible for a more extended period.
28- Backup Plan
Having a backup plan is your first step and your number one priority. Have a backup plan to get to your BOL (Bug Out Location). Lastly, it is always essential to have a backup plan for everything. What If someone comes in and steals all the food you have stored, what are you going to do? If travel is restricted and you can’t get to your bug out location immediately, do you have a plan B? If you’ve built your house to be an integral survival fortress, but circumstances force you to leave, do you have an alternative idea?
The truth is, crisis situations rarely unfold as we would envision them. It is essential to be flexible and to be ready with bug out plans whenever disaster strikes. You do not want to end up like the people in New Orleans after Hurricane Katrina; you do not want to rely on the government to take care of you if something terrible happens.
29- A Community
Building a community will perhaps someday become your goal; Travel as a community, or end up in a society as your bug out location. During a long-term crisis, it is those who are willing to work together that will have the best chance of long-term survival. Whether It is your family, friends, church, or a local group of people that you know.
Make sure that you have some people that you can rely on and work together if SHTF. Loners are going to have a tough time surviving for long.
30- Keep Your Prepping to Yourself
Do not go around telling everyone in your area where you live and about your prepping. If you do, then you may find yourself overwhelmed by visitors when everything falls apart. Also, do not go on television and brag about your prepping to a national audience.
Prepping is something that you will want to keep to yourself unless you want hordes of desperate people banging on your door in the future.
Sadly, most people, no matter if you’re in America, Canada or anywhere else in the world still have blind faith in the ability of our leadership during these types of events. Most Americans are yet convinced that the government will come and fix things right away when SHTF in a significant way, but that may not be the case at all, especially if something happens to the state capital.
At the beginning of 2018, the US Strategic Grain Reserve only contains enough wheat to make half a loaf of bread for each of the approximately three hundred million people in the United States. How long do you think this grain reserve is going to last? Now is the time to get ready, Now is the time to prepare.
The United States and perhaps even the world economy might someday collapse and incredibly hard times could be coming. Will you be able to survive when that happens? If you have taken the time to read this entire article, you are probably much more awake than the average American is. Please get prepared while you still can. A great storm might be coming and time could quickly be running out. I truly hope that you found these 30 Tips to survive an economic collapse helpful and that you will prepare in case a financial crisis occurs.
For those of you with loved ones in other parts of America or other parts of the world, send this on to them. Share this article with concerned friends and family who live in unsafe areas of the world.
If you have any other ideas that I might have missed or just things that you want to add, please feel free to share your thoughts in our comment section. Let’s all have a discussion.