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Is It Too Late to Start Preparing for Economic Collapse?

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Is It Too Late to Start Preparing for Economic Collapse?

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If you have not by now been convinced of the precarious state of our economy, there may be no reaching you, at least not with any powers of persuasion I have. There are too many sources who have warned of approaching calamity for years to mention without turning this article into a compendium of links. Industry experts have said we are headed for an economic collapse unlike any seen before in history, but for those who want to argue, I will throw out just three recent examples.

You can argue that these people aren’t trustworthy or they are intentionally trying to make a buck off scaring people and that may well be true. I can’t say I have any financial clout myself and the markets are just as mysterious to me as the next guy. I can tell you I have long had a feeling though and I tend to trust my gut.

But even without my personal economic induced indigestion, do you really believe all is sunshine and roses out there? There are simply too many in-your-face signs that rather than recovering, things are getting worse. Are we as a nation and the world at large better off than we were 10 years ago? I don’t think so.

Now I want to add a little conspiratorial flavor to the mix just to spice things up. The Bilderberg conference that just wrapped up had as part of its agenda, the topic of capital controls. For those who don’t know what that means, capital controls were implemented in Cyprus in 2013 where banks closed for weeks, people were unable to withdraw any of their own money and eventually, some of their savings were taken. Where I come from that’s called stealing and they are now discussing the same thing with Greece.

But those are other countries you say. Nothing like that could ever happen to the rest of the world because we have our stuff together. Really? The debt of the US is well over $18 Trillion dollars and other countries hold our debt. Is a scenario where that debt is called in out of the realm of possibility? OK, maybe it is, but let’s look at some other conspiratorial ingredients to the overall story.

Lindsey Williams who claims to be friends with “elites” who disclose secret information in confidence with him has shared that recently he was told that within the next three months, the World Bank and IMF will force a reevaluation of the currencies of 204 nations. Would this be good economic news for the U.S. or nothing to worry about? Could that all be a load of crap and nothing you should even bother giving any credit to? Perhaps. Are there even 204 nations in the world? Not according to the World Atlas, but this news isn’t completely surprising to me.

 Argentina experienced an economic collapse from 1998-2002. Would you be able to hold out for four years?

Is economic collapse even a possibility?

So maybe the conspiracy angle isn’t something you are interested in entertaining for any one of a myriad of reasons and the industry pundits who are calling for doom in the markets are easily ignored by you. Maybe Martin Armstrong who has predicted a crash roughly in the last part of 2015 is wrong also and all of this doom and gloom is precisely what you hate about some prepping blogs. If that’s you, maybe this article won’t resonate and you can catch me on the backside when I start talking about more appropriate things like finding water, starting fires or lists of prepping supplies you need.
I for one know economic collapse is a very real thing and this has happened throughout history multiple times. Nothing in our current trajectory gives me any hope that we will pull out of this dive without going through massive pain first and even though I have no proof, no degree in economics or even a really sharp understanding of capital markets and business cycles, the signs are on the wall for me. What I have been able to read and witness myself makes me feel like we are getting closer and the sense of urgency to prepare is greater again.

Just in the relatively recent past, Argentina had an economic collapse that lasted for 4 years. This isn’t really new for Argentina, who unfortunately has had a history of economic ups and downs, but if you want to see just how similar the circumstances they went through leading up to the crisis of 1998, you might want to watch this movie below. Before you do, realize that 100 years ago, Argentina was one of the wealthiest countries in the world. If it can happen there, it can happen here.

 

Economic collapses happen and when they do people lose their jobs. The costs of all goods rise to levels that are unlivable in some situations. Argentina had over 50% of their population who were considered poor and 25% who were indigent. You can protest and riot in the streets for change and that is what a good portion of citizens in Argentina did, but what is more important to me is taking care of my family should we ever face that same situation or similar in the U.S.

How can you prepare for economic collapse?

Even if a currency reevaluation occurs, you likely won’t notice anything different right away. You may find that you still have a job, the stores are still open and you can still take money out of your bank. But if the debt is called in or something else rocks the financial markets, we can expect a huge spike in the cost of goods. If the price of groceries doubles, what would you do?
Here are my personal priorities for getting ready for economic collapse:

Food

In Argentina and other areas affected by high inflation, food shortages were and are still common and even when they had food, people couldn’t afford what they once were able to buy. Besides our mortgage, food is the second highest monthly bill we have. Along with my current preparations if I read in the news about any capital controls or currency reevaluations, my first stop is the local big box store for as many 50LB bags of rice, beans, seasonings like Salt, Pepper and Cayenne, Bouillon cubes, paper plates and cups and toilet paper as I can carry in a few trips. Why these items? These last a very long time and can feed you for a long time. Paper supplies can be burned if needed instead of trying to worry about using water to wash/flush. Why don’t I have them already? Space. I don’t have it right now but I would make space if I needed to.

Water

Why isn’t water my first priority? Only because I have some redundancy already built-in but it is something I am going to redouble my efforts at. For starters I am going to acquire two supplies to pull water out of our well that could help in a couple of other ways. I am getting a manual hand pump since our well isn’t too deep, upgrading the water rain barrels to something with a higher capacity like a 530 Gallon Slimline Rain tank. I will be adding backup Berkey Filters for in home water filtration capacity. With rainwater, local (nearby) sources of water and plenty of ability to filter water we should be set. Not having access to clean drinking water is an easy way to catch diseases and happens very frequently in poor countries or those affected by disaster.

Shelter

This is a broad topic and for the purposes of this article I am focusing on our house and specifically making it more secure. Plywood sheeting to board up doors and windows, heavy chains to secure items, tarps, brackets to make improvisational door barricades and hand tools for the ability to work without power.

Security

Security for my family is mostly centered around firearms but I will be purchasing additional backup magazines for my pistols, more ammunition and spare holsters for all pistols. Binoculars I already have, but I am considering purchasing Night Vision monoculars and additional Bullet proof vests. It only needs to save your life once to make it worth it.

Bugging Out

The BOV is already purchased, but I plan to augment its capacity with all terrain tires and a roof rack to hold additional cargo as well as improve the structural integrity with some skid plates. ITS tactical has a brilliant article on some DIY modifications along these lines that could help you out in a pinch.

Health and Hygiene

Most of this is already acquired, but better safe than sorry, right? Additional bandages, alcohol, fish antibiotics, trash bags, quick lime and for the ladies, I plan on purchasing Diva Cups. Sure, this isn’t a subject that I want to cover, but in terms of re-usability, there are far worse options.

Power

Solar panels or a system like Goal Zero’s Yeti 400 with some additional solar panels will be a quiet alternative to a generator that you can actually bring into your house. I already have various solar charging systems that offer a lower amount of redundancy. I would add to the rechargeable batteries I have.

Communications

I already have battery-powered shortwave radios and ham handhelds, but a better base unit and chimney mounted antenna along with batteries would round out my communication supplies.
These are just items I still need to purchase and have an increased sense of urgency about with the recent news. My hope is that next year at this time, like so many years before, we will be able to look back and collectively say, again; “Nothing Happened”. Even if that is true, I am continuing to prepare. If you knew there was some economic collapse right around the corner, would you do anything differently?

Related:
http://tradcatknight.blogspot.com/2015/06/economic-crash-watch-literally-your-atm.html
http://tradcatknight.blogspot.com/2014/12/on-brink-of-war-and-economic-collapse.html
http://tradcatknight.blogspot.com/2015/06/bilderberg-2015-elites-prepare-for.html
http://tradcatknight.blogspot.com/2015/06/these-17-survival-food-and-water.html

 

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    • Jardalkal

      Shemitah Information
      Shemitah Year begins Sept. 25th, 2014. Some believe the Shemitah year begins on the first sliver of the new moon in Abib 2015 (March 15-April 15).
      Beginning of the Shemitah year on the first sliver of the new moon (Rosh Chodesh, Yom Teruah/Day of the Trumpet/Day of the Lord)

      Read “Mystery of the Shemitah” by Jonathan Cahn. Shemitah means shaking, fall, release, letting go, letting to rest. The sign of the Shemitah can also mean judgment of a nation.
      In 28/29 AD Yeshua/Jesus was baptized and began His ministry in a Shemitah year which means that He may return in a Shemitah year with the trumpet judgments possibly this September of 2014 or next September, 2015. Pontius Pilate [Pontius Pilatus (Pilate), fifth Prefect of the Roman province of Judea, from CE 26 –36.] being governor of Judaea, Herod [Antipas] being tetrarch of Galilee ” [20 BCE – c.CE 40] Luke 3:22-23 “and the Holy Spirit descended in bodily form like a dove upon Him, and a voice came from heaven saying, “You are My Son, the Beloved, in You I did delight.” And when יהושע himself began to be about thirty years of age.” Now the Levites were numbered from the age of thirty years and upward: 1Chron 23:3
      Great Depression 1930-31 was a Shemitah year, Great Recession 37-38, Wall Street Collapse, Daily Point Averages Collapses 70%, Daily Stock Percentages Collapses 80%, 2001, 2008, and the next in 2015. 1945 World Trade center model and decision to be built. 1966-73 Construction of the World Trade Center (66,73 Shemitah’s); 2001 World Trade Center Collapse in a shemitah year as well as the Wall street Collapse. Migdal means rise of the tower or rise of the nation. The verb גדל (gadel) basically means to become strong or great. This verb had equivalents in cognate languages where there seems to be an emphasis on the joining of forces or elements of construction. The Arabic equivalent means to twist a cord, make firm. In the Bible our verb is used to indicate the growing up of a child (Genesis 21:8, Exodus 2:10), or the growing of hair (Numbers 6:5) or plants (Jonah 4:10). Our verb is also used in the meaning of becoming great or wealthy (Genesis 26:13) or important (1 Kings 10:23), or magnified (Zechariah 12:7, Psalm 35:27), or doing deeds of greatness (Psalm 126:2, Joshua 2:21). In the Bible the tower became symbol for any earthly treasure of power that a person can foolishly put his trust in. Hence the tower of Babel was not just a building, it was also a statement (Genesis 11). When the menfolk of Penuel refuse to help out Gideon, he promises them to tear down their ‘tower’ (Judges 8:9). In Luke 13:4, Jesus talks about the tower of Siloam, which had collapsed and killed eighteen people, who were ‘no worse culprits’ than the men of Jerusalem. And in Luke 14:28 He even compares the total surrender to Him to the building of a tower. King David says it like this: “The name of the Lord is a strong tower; the righteous runs into it and is safe” (Psalm 18:10).
      Other derivations are: The masculine participle or adjective גדל (gadel), meaning a becoming great or growing up (Genesis 26:13, Ezekiel 16:26). The masculine noun גדל (godel), meaning greatness (Psalm 79:11) or pride (Isaiah 9:8). The masculine plural noun גדלים (gedilim), meaning twisted threads: tassels (Deuteronomy 22:12) or festoons (1 Kings 7:17). The very common adjective גדול (gadol), meaning great (Genesis 4:13, Exodus 11:6, Psalm 111:2). The feminine noun גדולה (gedulla), meaning greatness (Psalm 71:21, 1 Chronicles 29:11). http://www.abarim-publications.com/Meaning/Migdal.html
      Other Shemitah years information: Note: The Shemitah years may be off by 1 year.
      WWII 1939-1945 7 years, it began and ended in a Shemittah year. 1945 Atomic Bomb 8/9/1945 Berlin Victory Parade was on Elul 29th (Sept 7th, 1945. 1973 America legalized Abortions Jan 22. Israel judged for abortions. 1973 Viet Nam war was lost and world trade Center tower completed construction. 1987 Stock Market Crash. Steeple put on World Trade Center Tower or Freedom Tower in a shemitah year on the same day as a solar eclipse on Elul 29.

      1BC/1 AD. King died or somebody important; 6 CE Sabbath year (Shmita שמיטה‎) Territories of Judea, Samaria, and Idumea come under direct imperial control as the Roman province of Judea. 7 CE 29th Jubilee year (yovel); 28/29 CE Jesus Christ either began His ministry or died. 54-55 CE Paul’s imprisonment in Ephesus. He writes letters to the Philippians and to Philemon; he completes a second letter to the Corinthians. 70 Ce 70 Year Cycle; Sabbath year (Shmita שמיטה‎) 9/10th of Av Second Temple Destroyed in Jerusalem, which, according to the “Seder ‘Olam,” occurred at the end of the last week of the Sabbatical year, to the suppression of Bar Kokba’s revolt, or the destruction of Bethar, was a period of fifty-two years. . . .”JewishEncylopedia.com, SEDER ‘OLAM RABBAH; 77 CE Josephus publishes Thw War of the Jews. 132/133 Sabbath year (Shmita שמיטה‎) Mur 24E Jewish revolt began Two Sabbatical Years connected with the Bar Kochba Revolt. Bar Kochba made a land lease agreement in the second year of his revolt specifying 5 years of harvest to be followed by the Sabbatical year. A rental contract, written in Hebrew, dated to the era of the Bar Kochba revolt (labeled as “Mur 24E”), showed that in the second year of the revolt five years of harvest would be collected before the next Sabbatical year. This contract was found among several contracts in the caves of Wadi Murabba’ (also known as Nahal Darga) in the Judean Desert near Bethlehem. This property was seized by the Jews during the revolt. They are dated on Shevat 20, year two of the Kochba revolt. Both Eusebius (Ecclesiastical History IV 6) and the best manuscripts of the Seder Olam point to the 16th year of Hadrian as the specific year that the Jewish revolt began, i.e. 133 C.E. 140 CE 70 Year Cycle; Sabbath year (Shmita שמיטה‎) “The Calendar of Sabbatical Cycles During the Second temple and the Early Rabbinic Period,” Ben Zion Wacholder, 1973, Hebrew Union College Annual 44, p. 177. 1750 CE Sabbath year (Shmita שמיטה British Calendar Act of 1750. 1917 CE Sabbath year (Shmita שמיטה‎) Balfour Declaration; Balfour Treaty (Land Restored) 2 November 1917; Spanish Flue Pandemic. 1939 CE Sabbath year (Shmita שמיטה‎) World War II Sept 1, 1939 ; The Holocaust. Germany, for instance, began its Third Reich with the annexation of Austria in 1938, a Shemitah year, and it ended seven years later when Adolph Hitler committed suicide in April 1945, another Shemitah year.1945 CE Sabbath year (Shmita שמיטה‎) Atomic Bomb dropped on Japan on Aug 9th; WWII ends Sept 2, 1945. 1966 CE Sabbath year (Shmita שמיטה‎) Leonid meteor shower; Nov 17- Ground breaking for World Trade Center. 1967 CE 69th Jubilee year (yovel יובל) June 5th, 6 Day War; Lunar Eclipses on Pesach פּסח and Sukot סוכות‎. 1973 CE Sabbath year (Shmita שמיטה‎) October 6. Yom Kippur War; Egypt/ Syria invade. 1980 CE Sabbath year (Shmita שמיטה‎) Israel annexes East Jerusalem and claims all Jerusalem in July. 1987 CE Sabbath year (Shmita שמיטה‎) Hamas formed in Gaza by Sheikh Ahmad Yassin & Mahmoud Al-Zahar, Intifada began in Israel Dec 9 1994 CE Sabbath year (Shmita שמיטה‎) Treaty of Peace between the State of Israel and the Hashemite Kingdom of Jordan October 26; April 19, – Jewish American Secretary of State Henry Kissinger stated, “The New World Order cannot happen without U.S. participation, as we are the most significant single component. Yes, there will be a New World Order, and it will force the United States to change its perceptions.” (Henry Kissinger at the World Affairs Council Press Conference, Regent Beverly Wilshire Hotel) 2001 CE Sabbath year (Shmita שמיטה‎) 2008 Sabbath year (Shmita שמיטה‎) 2015 CE Sabbath year (Shmita שמיטה‎) Messiah Yahshua’s Return to the Mount of Olives at Yom Teruah יום תרועה September 2. walkinthelight.ca/timeline.htm
      beforeitsnews.com/prophecy/2014/08/this-rabbis-prophecy-about-the-future-of-america-will-shatter-you-to-the-corebe-ready-something-its-coming-2463896.html; http://www.youtube.com/watch?v=snRoDxoXarU b4in.info; http://www.wnd.com/2014/09/holy-shemitah-u-s-history-repeating-itself/; Jonathan Chan Video’s http://www.youtube.com/watch?v=h_Wiz_s7RQw; http://www.youtube.com/watch?v=RKHjoepbf3U; http://www.youtube.com/watch?v=YDrtMw_0hJc; http://www.youtube.com/watch?v=bSbwAIhcLWg; http://www.youtube.com/watch?v=gstb9z4_vRg; http://www.youtube.com/watch?v=Hwx6Qu5aJVQ; http://www.youtube.com/watch?v=sL7QifzYSj4; beforeitsnews.com/prophecy/2014/09/the-mystery-of-the-shemitah-prophecy-americas-warning-and-gods-seven-year-mandated-cycles-video-must-see-2463956.html. http://www.prophecynewswatch.com/2014/September08/081.html; beforeitsnews.com/prophecy/2014/09/shemitah-a-nation-under-judgment-92510-until-91315-jonathan-cahn-video-oyep-incredible-info-2464090.html; beforeitsnews.com/prophecy/2014/09/the-rapture-and-the-7th-shmittah-of-20142015-2464144.html; beforeitsnews.com/economy/2014/09/god-has-chosen-an-exact-date-for-the-dollar-collapse-harbingers-and-the-shmita-2658402.html; beforeitsnews.com/markets/2014/09/3000-year-old-bible-mystery-anticipates-stock-collapse-2474744.html.; beforeitsnews.com/prophecy/2014/09/3000-year-old-bible-mystery-surfaces-and-what-it-reveals-is-scary-as-hell-the-biggest-catastrophe-ever-and-most-are-not-prepared-stunning-video-2464198.html; http://www.youtube.com/watch?v=W8B14NSIWc8; http://www.youtube.com/watch?v=OLy-M_es5BM; http://www.wnd.com/2014/09/shemitah-author-answers-critics-judgment-is-coming

      John Ashcraft [email protected] Jesus in 2015-2017 Revelation 6 Seal 3 lines up with the first sliver of the new moon in September of 2015. After this time, plan on no money what so ever.

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