Posted on 01/22/2013 8:30:40 PM PST by Moonskin1976
IF AN ECONOMIC COLLAPSE HAPPENED TOMORROW WOULD YOU BE READY?
If you woke up tomorrow morning and you couldn’t buy gas because you debit card wasn’t working, would you have cash on you to pay for it? What if you tried to take cash out of the ATM but all the ATM’s were not working? What if you try to go to the bank but ALL the banks are shut down due to a bank holiday (and yes, it HAS happened before on minor scale)? What if all forms of electronic transactions are shut down due to this? Do you have enough food at home for a period of time greater than three days worth? Two weeks worth? One month worth? Six months worth? What if the grocery store shelves were already empty by the time you got there due to poor preparation for such an event? What if robbery and looting began due to the result of this? Can you protect yourself? Do you have the sufficient firearms to protect yourself and your family for an extended period of time? Are you prepared to do what it takes to defend yourself and them? Do you have storage of antibiotics? Are you prepared to call 911 and get no response? Are you prepared to accept the possibility that you might lose a family member due to sickness, injury or violence? Bottom line, all societies who succumb to tyranny eventually crumble under it. First chaos and violence will happen on a small, local level, police and military (WHEN Martial Law is declared) will respond which will cause an uprising of resistance. Eventually military and police will be overwhelmed and abandon their posts to be with their families to protect them. Same goes for Hospital staff and EMTs. At this point society will completely break down and reach a precipice. Either the government will use weapons of mass destruction (not likely) or they too will abandon their posts to be with their families, (probably down in a bunker somewhere). At this point society will completely break down and small bands of people will unite together forming a sort of feudal system. It will not be pretty regardless of the group’s intentions. Justice (or tyranny) will come fast and hard. Most people will not receive trials of any sort. They will be dealt with swiftly and harshly. If Patriotic Americans stay true to their Constitutional beliefs and try to maintain at least a local government of some sort, things will not get that bad. For this to work however, every abled body person must be armed. An armed society is a polite society and can maintain order and a constitutional republic of law if they so desire. It is important to maintain the ideals of our Constitution locally because locally and collectively the nation would never truly fall as long as our Constitution is observed locally. If you want to truly make a difference, be ready for such an occasion and be ready to be the leader that people need and lead them in the direction of liberty. If a collapse never happens than nothing is lost because, quite simply, it is better to have and not need than to need and not have. Remember that next time you are poking fun at a prepper; they might just be the very person who saves your life…
What if you tried to take cash out of the ATM but all the ATM’s were not working? What if you try to go to the bank but ALL the banks are shut down due to a bank holiday (and yes, it HAS happened before on minor scale)? What if all forms of electronic transactions are shut down due to this? Do you have enough food at home for a period of time greater than three days worth? Two weeks worth? One month worth? Six months worth?
What if the grocery store shelves were already empty by the time you got there due to poor preparation for such an event? What if robbery and looting began due to the result of this? Can you protect yourself? Do you have the sufficient firearms to protect yourself and your family for an extended period of time? Are you prepared to do what it takes to defend yourself and them? Do you have storage of antibiotics? Are you prepared to call 911 and get no response?
Are you prepared to accept the possibility that you might lose a family member due to sickness, injury or violence? Bottom line, all societies who succumb to tyranny eventually crumble under it.
First chaos and violence will happen on a small, local level, police and military (WHEN Martial Law is declared) will respond which will cause an uprising of resistance. Eventually military and police will be overwhelmed and abandon their posts to be with their families to protect them. Same goes for Hospital staff and EMTs.
At this point society will completely break down and reach a precipice. Either the government will use weapons of mass destruction (not likely) or they too will abandon their posts to be with their families, (probably down in a bunker somewhere). At this point society will completely break down and small bands of people will unite together forming a sort of feudal system. It will not be pretty regardless of the group’s intentions.
Justice (or tyranny) will come fast and hard. Most people will not receive trials of any sort. They will be dealt with swiftly and harshly.
If Patriotic Americans stay true to their Constitutional beliefs and try to maintain at least a local government of some sort, things will not get that bad. For this to work however, every abled body person must be armed. An armed society is a polite society and can maintain order and a constitutional republic of law if they so desire. It is important to maintain the ideals of our Constitution locally because locally and collectively the nation would never truly fall as long as our Constitution is observed locally.
If you want to truly make a difference, be ready for such an occasion and be ready to be the leader that people need and lead them in the direction of liberty. If a collapse never happens than nothing is lost because, quite simply, it is better to have and not need than to need and not have. Remember that next time you are poking fun at a prepper; they might just be the very person who saves your life…
Ping for later use
Just add <> with a p in the middle of them in between your paragraphs. You wouldn’t have posted something like this unless you cared. Welcome to FR.:)
I’d stay home & watch TV.
LMAO. Good one :-)
food = between 1 & 2 months.
Money 2 weeks to a month.
Of grid fuel/heat/water 2 to 4 months
Firearms = yes. Ammo = a year + supply.
Scouts motto be prepared.
Only psychologically ready, and it wouldn’t be pretty.
What is the best place to hide your cash once you withdraw it from the bank. That is what I’m considering to do in the future at least to have some loose cash around in case.
Japan will be our canary in the mine. Japan will collapse first. Until then, live your normal life, invest in dividend paying stocks. After Japan goes we will go in 2 to 3 years. That is the time to prepare. Not now.
Your bank account is insured by federal govt agency. WHen your account goes defunct, your cash money goes defunct with it. So stop dreaming and live a normal life.
Thanks for the paragraphs! Saved me from doing it as I am wont to do from time to time. Lots of good things to think about in here. And if a financial collapse doesn’t give you any fear - then think of an earthquake or Sandy type storm.
My BIL, with five days to prepare for Sandy, was bemoaning the fact that he had no food in the house (wife and two kids), no money because the ATM’s didn’t work - but no food in the stores anyway, and no gas to drive someplace to get food or money. (He was on the edge of the storm. No power, but not much damage).
My wife had no sympathy for her brother - “He’s had a week to prepare!”
My son said “We wouldn’t have even noticed if it had happened to us!”
Not sure that was EXACTLY accurate, but at least he knows I try. Although the last time we were snowed in and without power for 8 days I only had to run to the store once. One of the bags of Marshmallows for s’mores had gone stale!
Would our paper money be worth anything at all if this happened?
Farfel - I think his name is, the Argentinian blogger - says small gold necklaces are good for trade - easy to keep, etc.
when you say “collapse” what exactly do you mean?....its often used but what does it mean...
I think one should always have some cash in the house, but certainly not 5% of ones total assets. I would suggest you keep one month’s worth of expenses in cash. The trick is to store your savings in “real assets”
Consider what happens if the Govt collapses:
Federal Reserve Notes (dollars) are backed by the full faith and credit of the U.S. Govt.
If the status of the Govt is in question, what happens to the status of Federal Reserve Notes? (Hint: it ain’t good).
Hide it in the wheelbarrow.
That may be just enough to buy a loaf of bread...
Last year we gave up our "dream home" that we had worked for and worked on for a long time. We now have a much smaller home, in the woods on less property, but with no mortgage. We've got a generator for basic electric and to keep the extra fridge and freezer in the garage going. We added propane with 500 gallons storage for more self reliance. We can probably sustain ourselves and our dogs for about 6 months.
The two big variables that are probably the biggest problem are what to do about money and are we ready and (to what extent) willing to protect what we have. We keep some cash that we can get to in case banks become inoperative. But, if that were to happen, the cost of everything would probably go so high the money would be almost useless in no time anyway.
My biggest fear is medical needs and prescription medications that my wife must have.
In the worst case the dilemma for everyone will be how to make or take what we need or how to defend what we have.
What is the best place to hide your cash once you withdraw it from the bank. That is what I’m considering to do in the future at least to have some loose cash around in case.
I hide it in plain sight. In paper envelopes among old tax return receipts. This prevents it from being lost or thrown away accidentally.
However, it is not fireproof. Some could be stored on another side of a fire barrier. I don’t believe in lock boxes. That is the first thing thieves go for.
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