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An economic collapse is a period of national
or regional economic breakdown when
the economy is distressed.
And it can last for years or even decades.
It usually happens following times of crisis
such as war, civil unrest, or a pandemic.
And it can make the world
a very dangerous place,
as it can lead to violent protests,
and a breakdown of law and order.
If you want to have a good chance at
surviving one, then you'd better start
preparing now.
Because once an economic collapse begins,
it might be too late.
Luckily for you, we've put together
a list of five tips,
to help you get ready for whatever
misfortunes may come your way.
During an economic collapse,
you may not be able to rely on the usual
energy systems to power your home.
So, you'd better learn how to
create your own electricity.
This could mean investing in a
portable generator,
solar panels, or even wind turbines.
The more you have to rely on
utility companies during uncertain times,
the more vulnerable you will be.
If you have to survive in an economic collapse,
it will save you a lot of stress
if you don't have any debts to pay,
and you have a big pile of cash saved up.
But depending on how the collapse plays out,
your money could quickly become worthless.
So that's not the only thing
you should be saving up.
In a world where cash holds little value,
precious metals such as gold and silver,
and items to barter, such as medical kits
and batteries, could become the new currency.
So you'd better start saving up now.
As supply chains and grocery stores shut down,
having extra food and water on hand
could be crucial to your survival.
Having enough non-perishable food,
drinking water, and medical supplies
to last for several months means that
regardless of how the economic
changes unfold,
you'll have the basics you need to live.
Growing your own food would help
sustain you for even longer,
start planting a garden now.
You could grow vegetables
on a sunny windowsill, if you don't have a yard.
Depending on the type of economic collapse
and its severity,
you may need to adapt to a survival lifestyle,
which will be a lot easier if you're in
good physical shape.
Eat well and exercise.
You want your body to be in the best shape
possible in order to survive the
challenges you'll face.
During an economic collapse,
the world could become a dangerous place,
so you'll want to be physically
capable of handling it swiftly,
and escaping any threatening situations
you might face.
On that note,
you might want to take a self-defense course,
just in case you have to fight off anyone
trying to steal your food and water.
When the economy is in crisis,
people lose their jobs.
The experts in their fields are
less likely to lose their jobs than generalists.
If you become an expert in your field,
you will have much more job security
in hard times.
And it is likely that during good times,
you would be paid much more.
Also, if the economy devolves to the point
where jobs and money are things of the past,
you could always barter
your expertise for goods or services.
So there you have it.
When it comes to surviving
an economic collapse,
it's better to be over-prepared
than under-prepared.
If you're not ready for it,
then you might find yourself without a home,
living on the streets by the time
the economy recovers.
How would you survive that?
Don't worry. We've got just the video for you.