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Preparing for the Coming Economic Collapse
#93
Deathstar 80 Wrote:I've found a video that some of you might be interested in seeing:

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How To Survive Total Economic Collapse on Howcast

The downgrade on our national credit rating by S&P is another sign that the economic collapse is coming.

China is telling us to cut more of our government spending: http://www.independent.co.uk/news/world/...32923.html

From what I understand, China is one of the last countries that is allowing us to borrow their money. If that's true and they stop letting us borrow money, then we will be in an economic collapse.

^There was some advice from this video that I personally didn't like. According to this video, it recommends to invest in stocks. I personally disagree with that. I personally think the value of stocks will dramatically go down when the economic collapse occurs. If anything, I would recommend investing in gold since it's value will rise as our currency loses value.

There was one last point I wanted to talk about. As Gary Yantis stated in one of his interview videos that I posted in post #67, the most likely attack on our country from a sovereign nation would be either a cyber attack or an EMP (electromagnetic pulse) attack. If we're going to have an economic collapse and be in trouble as a nation, I would think North Korea or Iran attacking us with an EMP could be possible. An EMP attack would destroy anything that runs on electricity. From my research, there are ways to protect electronics from an EMP attack. Here's a video:



I have no idea if we will be attacked with an EMP or not (and hopefully we won't), but it's good to prepare just in case. If we are attacked with an EMP, then the survival information that I posted at first might be sort-of useful.
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Preparing for the Coming Economic Collapse - by Deathstar 80 - 08-16-2011, 02:10 PM

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