How to Live and Survive When Your Country Enters an Economic Collapse
by AMY S
PrepperFortress.com
OCTOBER 3, 2015
The sequestration of the United States budget is an indication that austerity has come to the United States. In my previous posting, I suggested that the United States might have 2 or 3 years before it slides into an economic collapse. I hope it doesn’t occur, but nothing to me suggest that things are improving in the global or national economies.
So what do you do if your country enters an economic collapse? How will you survive? How will you feed your family? Here are some suggestions.
1# Family – Use the time to strengthen your family bonds. Reach out to cousins, aunts, uncles, grandparents, children, in-laws and others. Offer them what help you can. There may be a time when you must rely upon your extended family for help. Double up your home to share expenses. Grandparents can move into their children’s home, and provide babysitting services, while the adults go to their employment or seek new jobs.
2# Convert your assets to liquid form – If your country is likely to enter an economic collapse, convert your assets to liquid forms. Sell the big house, and rent instead. Move your retirement investments in things likely to survive an economic collapse. Consider cashing out your retirement assets, if a full-blown great depression become likely. If I were living in Italy today, I’d remove all my money from banks, liquidate my retirement accounts into cash, and sell all art and collectibles. Instead, I’d buy long-term stored food, gold, silver, and simply just keep cash. Italy is inching ever closer to a bail-out by the European Union.
3# Grow your own food – If you have even the smallest plot of land, start a garden. Even a small plot of land can produce enough potatoes to feed a family.
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