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9 Ways To Prepare For An Economic Collapse

By: Gen Wright Home | News-and-Society


How is the economy really doing in 2011?, most people are unaware of what is actually happening. Don't be one of those caught up on the governments positive 'false sense of security' messages. We have given many accurate forecasts and messages to our members but none could be more important than the major one at present. The collapse of the US empire.

You only have to look around at what is going on in your neighborhood, and local shopping centre to see that something is brewing. Yes it is coming! As Government debt levels rise and treasuries failing to interest big buyers, these are warning signs that the economy is already in its first stage of collapse. The government are just keeping rates down to mask the effects.

Many people find them self in awe at the truth of what is really going on and don't know how to prepare. With that being the case, we have helped many people prepare for what is coming and wish to share 10 quick tips with you so that you too can prepare for what is coming:-

1) Educate yourself first.

Be sure you educate yourself and find resource in the library and find out how people were able to survive during the last great depression era in the 1930's.

2) Pay off your debts owing.

Pay off bills, debts, money owning to people. In difficult times it is always wise to have cash flow and be prepared, otherwise you could be in serious financial difficulty.

3) Find strength in weakness.

Find out what businesses thrive in difficult times. Some people have made a good fortune in the last great depression because people were desperate for a certain product or service. Don't stick your head in the sand, make the best of a bad situation. There is always opportunities no matter what the economic climate is.

4) Invest in gold and silver.

Gold and silver has always done extremely well through difficult times economically speaking. Exchanging your money for gold, gold bullion and silver is one of the smartest things you can do. It is a hedge against inflation, and will save you from the massive hyperinflation that will be seen down the track. These have predominantly done well through times of recession or depression in the past.

5) Stockmarket crashes.

We can all remember how devastating the 2008 stockmarket crash was. If you are heavily invested in the stockmarket that it is a good idea to take profits or set stop losses to ensure you are minimizing your risk.

6) Stock up on water

In times of need water may become scarce or expensive. So it is a good idea to have extra water in surplus in or around your house. We need to consume water each day to survive so it does not hurt to have such a commodity in stockpile for emergency situations.

7) Purchase a first aid kit.

If hospitals are full of the sick and injured you are going to want an emergency kit. This will keep any hurt or injured supported until a medical professional can take a look at them.

8) Grow Yourself a garden

Get back to basics. You can learn to grow your own garden for yourself or sell your products at a local farmers market to make a profit.

9) Learn How to barter.

In the past when there has been economic problems, monetary and currency fluctuations have effected the price of everyday living. During such times people learn to sway, barter and bargain with others to get what they want. In some cases it might be a matter of life or death so it is a good skill to acquire.





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