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Preparing for the Coming Economic Collapse
#48
Ballers Wrote:Not saying that times won't get hard, but Deathstart 80 - you are speaking as if people who have homes will no longer have them.. That a person will not be able to buy a 1.25$ gallon of water.. I don't see that happening.. Maybe if people who are drawing checks monthly or are disabled will have a hard time. But I wouldn't think that this would affect middle-class America or just regular Americans in general.

I hope you're right in that we'll still be able to buy from local stores. And you could definitely be correct about that. But just in case, I'm preparing as if our economy goes back similar to what it was like during the Great Depression and we have to completely be self-reliant. That might be too much, but it's always good to be safe. What I've been trying to do is to research other countries that have had their economy collapse in the past, such as with the hyperinflation in Zimbabwe or the economic collapse in Argentina, which I'm pretty sure have both happened in the last 15 years. I encourage you to research that if you're able to.

But one thing I'm pretty sure of is that there will be inflation and higher interest rates. And inflation will cause the price of everything to rise. Therefore, you might have more financial stability if you stock up on food now. And if you learn how to purify water, then that means you don't have to buy water, which saves you money to buy other stuff, such as food.

And I'm pretty sure this coming economic collapse will effect middle class Americans. When hyperinflation occurs, that pretty much means everyone's money will be worth less, which means that store prices will skyrocket. Since the middle class saves the most money, they'll probably be the most negatively effected.
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Preparing for the Coming Economic Collapse - by Deathstar 80 - 07-22-2011, 11:46 AM

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