Surviving an Economic Collapse

March 10, 2013 by | 1 Comment

I am one–hundred percent convinced that a dramatic and negative change in our economy will happen very soon. Quantitative easing, over-inflated home and student loans, and a stock market built on nothing but hopes and dreams are certain to bring a collapse of the U.S. economy.

We’ve watched inflation continue to climb, seen the stock market repeatedly crash, and stood by as the housing bubble decimated our economy. Those in government and other positions of power made the decisions that led to these problems, and they continue to do so, bringing us closer to economic collapse every day.

Bankers, stock brokers, and other financial types won’t be of much use when our economy collapses. Sales people, especially those who market luxuries, won’t have many opportunities when prospects don’t even have enough money to put food on the table. And employees in industries that depend on discretionary income, such as restaurants, spas, and gyms will suffer massive layoffs as people tighten their belts.

The only way to survive an economic collapse is to prepare beforehand with a plan consisting of two simultaneous phases.

Phase one is to stock up on barter items, weapons to defend your family, and a supply of food, water and medical supplies.

Phase two is to develop skills that others need that will allow you to support your own family, such as:

  • Construction.
  • Engine repair. (Automotive and/or small engines used in power tools like chainsaws.)
  • Traditional or folk medicine.
  • Hunting and/or fishing.
  • Raising food sources. (Gardening, livestock, bee keeping, etc.)
  • Welding.
  • Self-defense, security, or combat skills.
  • Sewing and/or shoe repair.
  • Soap making.

There are literally hundreds, maybe even thousands of options. Most are not glamorous, but all are necessary. You just have to think about what will be needed when the economic system we’re accustomed to falls apart. Think about the skills and knowledge that your grandparents, great grandparents, or even people in today’s poor countries need to survive. You will need to acquire the same skills and knowledge to survive and economic collapse.

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1 Comment

  • teotwawkiandifeelfine says:

    I was thinking about this and I think you can apply these jobs/professions to the historical ages: Agricultural then Industrial. Bugging out might (it’s a stretch) be called the Nomadic age. So you have Nomadic – Agricultural – Industrial – Post Industrial.

    Nomadic had so few jobs, they often shared, men and women would be part of any: Hunter, Gatherers, Medicine, Leader.

    Agricultural breaks jobs down more: Farmer, Husbandry, Defense/Policing, Transportation, Processing, Sales (usually done by Farmer or Miller), Fishing, Hunting (rarer)

    Industrial gets to more complex and detailed jobs: Crafting (Smiths/Carpenters/Weavers/Tailor/Cobblers), Raw Materials (Farmers/Miners/Skinners), Medicine, Defense including citizen government, Banks :(, Salesmen and Traders (not one resource but many), Artists, Shipping and Transportation (now larger and more efficient – 10 horses not 2…)

    Post-Industrial – hopefully much more localized than now and energy and resources created/used at local level, families sticking closer, no corporations/conglomerates, lawyers but limited in #s, allow the laws to grow no bigger than an average person can be expected to know. Neighborhoods actually being groups of families, not just people.

    I had more on future data, but that’s for another time.

    If we are bugging in, then that’s our Nomadic age.

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