If you remember what happened with the monetary crisis in Greece, then you know that economic collapse isn't simply a danger – it's already started. You would not automatically think that from reading the news.
But the news reporters don't have access to the top secret insider information that the federal government does. The truth is that misfortune is already knocking on your door. Have a look around at what's going on in the world.
The Uncertain Economic Climate Due To The COVID-19 Pandemic
Debts in nations all over the world has skyrocketed. Not one single country is fiscally solvent and yet all of these nations keep going even more into indebtedness like there will never be any consequences.
But there will be a reckoning when economic collapse happens – and when it does, it's not going to be pretty. As soon as the economy fails, you're going to see lives upset and the turmoil is going to end up being a fight for survival and not everyone will survive because they're not prepared.
When the economy fails, people are going to panic. Their regular life is going to suddenly, and without sufficient warning, become unsettled. When the collapse happens, people by the millions are going to rush to their banks in a desperate effort to take out their cash.
But the federal government, equally desperate to keep the collapse from spreading, will limit or close down entirely the ability of people to withdraw their own hard earned cash. Without having the ability to get their hands on money, citizens will grow much more stressed.
What Will Happen When Money Becomes Harder To Acquire Or Have Access To?
Criminal activities will rise as folks pilfer, fight and even kill for a means to endure. Riots will become more prevalent than not. Robbery will happen in every single city and town. Property and people alike will be wiped out.
As society crumbles into a financial dystopian free-for-all landscape, in an effort to regain control, the federal government will start contacting the troops. Martial law will go into effect.
Your freedom to move about freely will be limited. You won't be allowed to go where you want to go when you want to go there. You'll need to be home by a particular time and your rights will no longer matter.
Under martial law, standard laws are suspended. You will do as the federal government states. That's why you need to protect yourself from economic collapse right now. Ensure that all of your money isn't tied up in the bank.
What Can You Do To Prepare For Eventual Economic Collapse?
Have some money that you can get to so that you can purchase what you haven't previously set aside. Keep your bug out bag ready to roll so that you can get out of an area the minute the problem begins.
Have a place to go if needed which contains all of the survival items you require to hunker in place for some time if you have to. That means you need to have your food, medicine and a method to connect with others.
The power grid might eventually go down in an economic collapse and you do not want to be without a means to interact. Make certain you have a sustainable water supply nearby. Have ways to protect yourself and your family from those who might take your items or your life.