How to Survive Total Economic Collapse

Last Updated: March 13, 2023

Are you one those who cannot imagine being in the middle of an economic collapse? Don't worry read further to know some tips on how to survive in such a situation.

Steps

1
Downsize and pay. Clear your liabilities. Downsize your living. Pay down credit cards and sell your car and get an economical and fuel efficient one.
2
Spend only on needs. Spend the money you have on basics, like food, water, batteries, wool blankets, soap, and duct tape. Basically only on things that are required for surviving. Kids who have left home can move back in and help by contributing to the resources.

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3
Produce on your own. Plant a garden and grow vegetables that are possible for your habitat to grow. Keep some farm animals if possible, too. Animals like chickens (eggs, meat), goats (dairy), and cows (dairy) will all help. Keep easy-to-store food supplies and invest in a water purification system, along with bottled water. Live near the sea if possible and fish or hunt.
4
Be safe. Protect your family with locks and guns in case desperate measures are necessary during a food shortage.
- Never keep the ammunition for the guns close to where the guns are, they should be in separate places, and both should be locked and secure. More gun accidents happen in homes than in any other place.
5
First-aid kit is important. This is very important and should be your priority. Put together a basic first-aid kit for emergencies. Include bandages, pain relievers, cold packs, and alcohol, and keep the kit in a secure and safe place.
6
Barter for necessities. Barter with your neighbours. Give away things that you don't require in exchange for things you need.
7
Exchange the money. Convert your money and investments into precious metals and stocks. A super-inflation will render money worthless.
8
Be rational. Don't panic as nothing is permanent.

Community Q&A

Question

I have one debt that is not in the Wall Street banking system. What is going to happen with this? Also, I am on Social Security disability and Medicare. Will these exist after this reset happens? Should I have some amount of gold or silver to ride through the change with?

Donagan

Top Answerer

First of all, re-read Step 8 in the above article. Calm down and think. In the extremely unlikely event of a "total economic collapse," you won't need to worry about outstanding loans, Social Security or Medicare accounts, or the value of precious metals. Commodities will be worth only what you can barter for them at any given moment. Some people enjoy envisioning a collapse of the system simply because they don't like the way it stands. You need not be affected by their pessimism. The article is right to suggest you should build a community of family and friends. They will help you no matter what the future brings.

Things You'll Need

Essentials
Seeds
Canning supplies
Water purification system
Bottled water
Fishing tackle
Gun
First-aid kit
Chickens
Goats
Milk cow
Emergency bag In case you need to evacuate.
Camping gear
5 gallon food grade buckets with sealable lid, mylar liner bags & oxygen absorbers.