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5 days before the Financial Collapse

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5 days before the Financial Collapse

Here is the scenario.  “Government agencies are having difficulty making their payments.  State governments are issuing vouchers to pay their bills.  US Social Security is late in issuing its payments to retirees and the disabled. 

Many banks are issuing warnings about liquidity.   The prices of food are escalating by the hour.  Instead of talking about the latest inane reality TV show, everyone is talking about inflation, money, mass layoffs, etc.  It is 5 days before the economic collapse.”   So, what do you do?

Our current recession/depression is slow creeping at this point towards a bad outcome.  Although I believe US and Canada are still 3 to 5 years away from an economic collapse, I woefully believe that the collapse is coming

Euro will collapse first.  Greece and Spain have already collapsed.  Italy and Portugal are soon to collapse next.  Having this insight, I have been preparing vigorously for the past 2 years. 

During these past 2 years, I have often thought about what the last 5 days would look like before a collapse.  Because governments will do everything and anything to delay the onset of an economic collapse, as they should, I believe the problem will build to a dramatic point, where the economy will fall off a ledge very quickly. 

With the US Federal Government running $1 trillion dollar deficits for the past 3 years, how long can that continue?   As some point in time, no foreign government or domestic entity will want to buy US Federal debt.  

Then the only option is for the US Federal Reserve to generate artificial money, not backed by tax revenues nor by any tangible assets, in order for the Fed to buy US Federal debt.  At some point in time, the continual injection of fiat currencies will trigger a hyper-inflation period. 

At that point in time, the spiral towards economic collapse will accelerate.

So what will last five days look like before the full economic collapse.  Here are some key indicators that we have entered that last 5 days.

  1. Gold and Silver prices will see severe price shifts.  Silver will see price swings of $5 per day.  Gold will see swings of $100 or more per day.  Everyday mainstream people, including non-preppers, will start to pay attention to the price of gold and silver.  Gold and silver will be daily news features in various media outlets.
  2.  
  3. There is discussion in news media and within government sources about conducting a bank holiday, as bank are showing severe stress from bad loans and redemption of deposits.
  4.  
  5. The price of ammunition will dramatically increase, as everyday people rush out to buy ammo.
  6.  
  7. Guns stores will be swamped with people, looking to make last minute purchases.
  8.  
  9. Can goods and other storeable foods will become in short supply, as people start hoarding food.
  10.  
  11. People will stay home from their jobs, if they have a job, for fear of being away from their families.  People will worry about a severe rise in crime, as more people become desperate.
  12.  
  13. Homeless shelters and local food charities become overwhelmed with demand.  News articles will show the lines of people waiting for a free bed or donated meal.  Bread lines will arise, as governments start to hand out food to desperate people.

 

Having seen that you are now in the last 5 days before the collapse, what actions should you take?

  1. Gather your families and survival group.   Limit any travel to local areas.
  2.  
  3. Get Cash !!!   If you have any securities or investments remaining (likely to be worthless at this time), sell and receive cash for proceeds.  Liquidate your bank accounts.  Empty any security lock boxes as banks.  Get to the banks, before banks close or go into a bank holiday. 
  4.  
  5.    Get small bills, $1, $5, and $20.  Coinage will also be valuable.  When the banks close, credit cards are mass canceled, and ATM machine stop working, people will need to make their own change for purchases.
  6.  
  7. If you have a bug-out residence, it is time to pack up and relocated to your survival homestead.  If civil order is maintained, give yourself enough time to make multiple trips to relocate your supplies and gear to your retreat location.
  8.  
  9. If grocery stores are still operating, buy as much canned and dried foods as you can get your hands on.  Canned meat, canned vegetables, canned and dried beans, rice, and dry pasta should be a priority at this moment. 
  10.  
  11. If you are a survival prepper, you should already have 6 months to 2 years of stored food.  Now is the time to top off your supplies of food, before the collapse.   Once the collapse occurs, grocery stores will become battle grounds, and should be avoided.  Here are some alternative places to purchase your last minute groceries:
  12.  
    1. Gas Stations often carry lots of groceries, especially snack food.   You find some canned and dried foods at gasoline stations.
    2.  
    3. Drug Stores are often now mini-groceries stores.
    4.  
    5. Vitamin Stores often have various food bars and nutrition drink mixes.
    6.  
    7. Vending Machines as road stops, office buildings, and schools are sources of last minute food purchases.  For this reason, you should include a roll of quarters (or two) in your vehicle.
    8.  
    9. Restaurants that close will often have a store of bulk foods that did not sell.  Any restaurant that just recently closed should be contacted to offer purchasing bulk canned food.
    10.  
    11. Movie Theaters often have lots of snacks for sale.
    12.  
    13. Neighbors that bug out might leave behind food that they could not transport.  I am a firm believer in the rule of law and supporting local police in their crime prevention efforts. 
    14.  
    15. So, do not loot!  Looting will increase the breakdown of society.  Rather be prepared, so that you need not be put into a desperate situation.  Rather, I would offer to watch over the homes of people to leave to relocate to their remote family members.  If you are known and trusted by your neighbors, ask for a key so that you can check into their homes for water leaks or break-in’s.  Politely ask your neighbor, “if you do not return by specific date, may I make use of any tools or supplies your have left in your home?”  If civil order breaks down in your neighborhood, then move your neighbor’s supplies into your home for safe keeping,  Once the neighbor returns, return their supplies.  If they don’t return, then at least their supplies did not go to waste.
    16.  
  13. Stock up on needed prescription drugs.  Ask your doctor for a 3 month prescription.  Most heath insurance will only pay for one month of drugs at a time.  Tell the pharmacy that you will pay in cash for anything that does insurance company does not cover.   Get printed copies of your
  14. prescriptions, in case of power outages.  Keep your original prescription bottles, in order to demonstrate that you are legitimate in obtaining refills.   Form a relationship with your local pharmacy, so that they know your face and name.
  15.  
  16. Stock up on fuels:
  17.  
    1. Gasoline and diesel fuel, preferably in metal certified fuel cans
    2.  
    3. Fuel preservatives to delay the decay of hydrocarbon fuels
    4.  
    5. Propane tanks – small and large (fully filled propane tanks are
    6. excellent for long term storage, if kept dry and rust free)
    7.  
    8. Butane for lighters
    9.  
    10. Firewood for your fireplace
    11.  
    12. Hay and other feed for your horses
    13.  
  18. Now is the time to stock up on other supplies that you will need
  19.  
    1. Baby formula and diapers, if you have or expecting a baby
    2.  
    3. Feminine hygiene supplies
    4.  
    5. Toilet paper, facial tissues, paper towels
    6.  
    7. Batteries, as much as you can get your hands on
    8. Ammunition, as much as as you can get your hands on
    9.  
    10. Pet food
    11.  
  20. The following are items that will become in short supply, once the economic collapse occurs.  Depending on your unique situation, you might want to think about how much you should purchase and store for the future.
  21.  
    1. Foot wear and Shoes, especially hiking boots – People will be traveling more by feed and conducting more manual labor.  Resultant, footwear will wear-out much more quickly.   If you have growing children, their feet will continue to grow, regardless if you are able to buy new shoes or not.   One of my first acts if known that an economic collapse was about to occur would be to buy a ladder of larger shoes for each of my children.
    2.  
    3. Camping and hiking equipment – Has folks worry about needed to retreat by feet or worry about being kicked out of their homes, camping gear will be in high demand.   As a survival prepper, you should be already provisioned ahead of time with tents, backpacks, sleeping bags, camp cooking gear, etc.
    4.  
    5. Detergents and cleaners – Sanitation will be the difference between health or illness after the collapse.  You will be working outside with your hands, and be dirtier after the collapse.  You’ll need to be ready to hand wash and line dry any dirty clothing.  As such, you’ll need to be stocked up with cleaning supplies and detergents.
    6.  
    7. Bleach – Bleach as a limited shelf life.  It degrades within a year or two.  Bleach is very valuable to maintain home sanitation, cleaning clothing, and water preservation

The following are items you are likely to be unable to acquire during the last five days before the collapse.

  1. Gold and Silver – Few people are likely to offer their gold or silver for sale, unless they are desperate for food.
  2.  
  3. Guns (rifles, carbines, pistols, revolvers, shotguns) – Guns will be in short supply, as there will be a rush to stock up before the collapse.  As a survival prepper, you should already be prepared with your defensive weapons battery.  You should already be trained on the usage, cleaning, maintenance and minor repairs of your guns.  You should already be aware of proper safety practices and the gun laws of your location.
  4.  
  5. Ammunition – Expect all ammo to be bought out.  Some localities my freeze the sale of guns and ammo, ahead of or during civil breakdown.
  6.  
  7. Power generators – Will be sold out quickly, but believe this might be a waste of money.  As fuel will become difficult to acquire, most power generators will go quiet within a month.  If you do buy a power generator, choose one that supports multiple fuels, such as also alcohol, propane, natural gas, and diesel fuel.   If you are able to generate your own pure alcohol or bio-diesel, you will have a great advantage.  The better setup is a wood burning fireplace and wood burning cook stove in the kitchen, along with a sturdy back and sharp axe.
  8.  
  9. Solar panels (and related long-term batteries) – If you have your own solar panel setup, and able to run your homestead and recharge small batteries from solar power, you will have an advantage.     If you desire such a setup, you will need to have this well ahead of a collapse.  After a collapse, be watchful for theft of solar panels.  Solar panels will make your homestead a target for bad people.

 

 

SOURCE : http://www.prepperfortress.com/5-days-financial-collapse/

 

Other useful resources:

Survival MD (Best Post Collapse First Aid Survival Guide Ever)

Backyard Innovator (A Self Sustaining Source Of Fresh Meat,Vegetables And Clean Drinking Water)

Blackout USA (EMP survival and preparedness)

Conquering the coming collapse (Financial advice and preparedness )

Liberty Generator (Build and make your own energy source)

Backyard Liberty (Easy and cheap DIY Aquaponic system to grow your organic and living food bank)

Bullet Proof Home (A Prepper’s Guide in Safeguarding a Home )

Family Self Defense (Best Self Defense Strategies For You And Your Family)

Sold Out After Crisis (Best 37 Items To Hoard For A Long Term Crisis)

Survive The End Days (Biggest Cover Up Of Our President)

Drought USA(Discover The Amazing Device That Turns Air Into Water)

 

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    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 17 comments
    • MetaVision

      We would all be SO rich if we had a crystal ball
      https://www.youtube.com/channel/UC24i0-R52E-Y4PHhsjLUbYg

    • a LIGHT in the DARKNESS.....

      where have you been alot of this has been happening ! welcome to reallity… :grin:

    • Luxx

      CANADA will NOT be collapsing, don’t be dragging Canada into this. We are in the top 10 most stable countries in the world.

    • Anonymous

      SS Checks r required direct deposit….FYI
      Prescriptions such as thyroid medication cannot be acquired past three months. Only three month supply at a time….

    • needlesuture

      Big event coming this fall.. BLE Biblical Level Event.
      Good Luck everyone.
      GOD speed

    • Big dog.../small fish...

      It’s no wonder it’s going for disaster – US taxpayers hardly pay taxes and their governent spends like a sieve on all sorts of covert projects.

      • Raelynne

        Hardly pay taxes, are you serious? You can’t buy anything without paying taxes on it, now if you said corporations you would be correct but the “little” guy is taxed to death.

        • Big dog.../small fish...

          Do you pay 15% tax on everything you buy from stuff at the dollarstore to cars and houses?? Here in QC, the only thing NOT taxed 15% is food.

    • iamdlogan

      For those who know and for those who care…the first 120 days will be the most critical…the use of firewood during those days will likely bring more trouble than it will smiling faces. The less you show yourself the better off you will be. In stead of fire wood use propane for that period, in stead of firewood for heat get real good polyprops and stay dry and out of the wind. For food…water added only will cut way down on your need to send flavorful wisps of canned spam into an already demanding socialital collapse. Remember, growing sprouts can be accomplished by placing a small burlap bag of seeds next to your body, rinse twice a day for 3 days…more nutrition than a shopping cart of mac and cheese.

      Keep a good horse saddled and your powder dry, its about to begin.

    • Tatsmaki

      Huge worldwide financial crisis and people’s revolutions are imminent
      In Greece defolt will happen in July, 2015, as they are impossible to repay the debt of about 1.6 billion euro untill June 30, 2015.
      And worldwide financial crisis will happen.
      Then, people’s movements for transition to the new society of everything gratuitous services in all areas of human life will occur in many countries on the Earth, following orders of the Creators.
      This will bring on people’s revolutions all over the world.
      http://tatsmaki.blogspot.jp

    • Doccus

      Surely this can’t be Michael Moore the filmmaker.. If so whadda doing on a low ckass rag like BIN? I expect to see writers on lhe level of yin and Lisa, certainly not someone of your calibre. Please say it isn’t so….

      • Doccus

        I meant Lyn and Lisa.. I have no “Yin for Lyn” .. trust me on this. Stupid typos, and no edit function…

    • Raelynne

      “Although I believe US and Canada are still 3 to 5 years away from an economic collapse”

      That’s wishful unrealistic thinking. This financial titanic is sinking fast and won’t be treading the water for another three years. It’s a “miracle” it’s lasted this long. Oh no the rooster is home to roost not for 2018 or 2020, nope NOW!

    • janetspillows

      If I didn’t believe in God then this would scare me, but since I do I will not worry. I trust that God will help if it ever comes to something serious like an economic collapse. Pray like never before. Satan is trying hard to destroy us, but we must remain strong in our faith. God will protect us.

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