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When it comes to prepping we all think in time frames, a week, 3 months and a year. An economic collapse is not like a terrorist attack or an earthquake, an economic collapse has so many variables that there is no simple checklist you can go through and be completely prepared.
This article might be a little unorthodox because it’s about being the SHTF or post collapse entrepreneur, but hang in there and it will all make sense.
The second part of the article is about whether or not your money is safe in the bank, and some unique places to stash your cache.
Everything we talk about when it comes to preparing for an economic collapse is reactionary, but this is one of the disaster scenarios where we have at least a little say in how it turns out for us. An economic collapse or depression type event could have different consequences for each of us.
When we think of an economic collapse we tend to think worst case scenario, but what if it looks like the 2008 scare which affected some people more than others? Or what if it is a long term depression like the one in the 1930’s? Keep in mind as your read this, I think an economic collapse will look like the depression…just a whole lot worse.
On paper you probably have enough supplies to last anywhere from a month to a year depending on how much you have stored, but what about those situation we just can’t prepare for? And what happens 6 months down the line when your supplies and money are beginning to run low?
This is when our true survival instincts kick in. I’m not talking about eating bugs and building a fire, I’m talking about the same skills we use today when we are trying to balance our budgets and pay everyone that has their fingers in our pockets.
In a recent podcast about investing in gold and silver we talked about how we can make an economic collapse work in your favor as much as possible. As preppers we have the opportunity to hedge our bets…a little insider trading if you will. Most people will be caught off guard, but we (the crazy prepper) study what this might look like in order to become better prepared for it.
I’m not necessarily talking about illegal activity here because let’s face it, there will still be laws, and quite possibly many more restrictive laws. I’m talking about selling the goods and services people will need in a collapse scenario, but can’t afford to pay what the big guys want.
In this podcast Lisa and I talked about items we have that might be more valuable than money during an economic collapse, and how as preppers this might be where we can get an upper hand. I’m not talking about the beginning stages of a collapse, as a matter of fact we should do whatever we can to stay off the radar during this stage, but eventually everything is going to “normalize” a little bit.
The crime rate will still be high, and every part of town will be the bad part of town, but at this point we might have a better idea about who and what to avoid. Our supplies will only last so long, so we might also find ourselves in a situation where we have no choice but to figure something out.
It won’t be as easy as handing out resumes or hopping online to apply for a job because they probably won’t be there,
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Like this article?
When it comes to prepping we all think in time frames, a week, 3 months and a year. An economic collapse is not like a terrorist attack or an earthquake, an economic collapse has so many variables that there is no simple checklist you can go through and be completely prepared.
This article might be a little unorthodox because it’s about being the SHTF or post collapse entrepreneur, but hang in there and it will all make sense.
The second part of the article is about whether or not your money is safe in the bank, and some unique places to stash your cache.
Everything we talk about when it comes to preparing for an economic collapse is reactionary, but this is one of the disaster scenarios where we have at least a little say in how it turns out for us. An economic collapse or depression type event could have different consequences for each of us.
When we think of an economic collapse we tend to think worst case scenario, but what if it looks like the 2008 scare which affected some people more than others? Or what if it is a long term depression like the one in the 1930’s? Keep in mind as your read this, I think an economic collapse will look like the depression…just a whole lot worse.
On paper you probably have enough supplies to last anywhere from a month to a year depending on how much you have stored, but what about those situation we just can’t prepare for? And what happens 6 months down the line when your supplies and money are beginning to run low?
This is when our true survival instincts kick in. I’m not talking about eating bugs and building a fire, I’m talking about the same skills we use today when we are trying to balance our budgets and pay everyone that has their fingers in our pockets.
In a recent podcast about investing in gold and silver we talked about how we can make an economic collapse work in your favor as much as possible. As preppers we have the opportunity to hedge our bets…a little insider trading if you will. Most people will be caught off guard, but we (the crazy prepper) study what this might look like in order to become better prepared for it.
I’m not necessarily talking about illegal activity here because let’s face it, there will still be laws, and quite possibly many more restrictive laws. I’m talking about selling the goods and services people will need in a collapse scenario, but can’t afford to pay what the big guys want.
In this podcast Lisa and I talked about items we have that might be more valuable than money during an economic collapse, and how as preppers this might be where we can get an upper hand. I’m not talking about the beginning stages of a collapse, as a matter of fact we should do whatever we can to stay off the radar during this stage, but eventually everything is going to “normalize” a little bit.
The crime rate will still be high, and every part of town will be the bad part of town, but at this point we might have a better idea about who and what to avoid. Our supplies will only last so long, so we might also find ourselves in a situation where we have no choice but to figure something out.
It won’t be as easy as handing out resumes or hopping online to apply for a job because they probably won’t be there,
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