How should people prepare for the difficult years that are coming? I
get asked about that a lot. Once people really examine the facts, it
is not too hard to convince them that an economic collapse is coming. But once they accept that reality, most of them want to know what they
can do to prepare themselves and their families for the hard times that
are ahead. Well, the truth is that it does not have to be complicated. Many of the things discussed throughout this article are things that
most of us should be doing anyway. Now is not the time to be splurging
on luxuries or expensive vacations. Now is not the time to be going
into large amounts of debt. Instead, we all need to get back to the
basics and we all need to do what we can to become more independent of
the system. Just remember what happened back in 2008. Millions of
Americans lost their jobs and millions of Americans lost their homes. Now experts all over the globe are warning that another great financial
crisis that could be just as bad as 2008 (or even worse) is coming. Those that don't take the time to prepare this time are not going to
have any excuse.
But there is also a lot of sensationalism out there. There are some
people out there that claim that the economy is going to collapse all at
once and that we are going to go from where we are now to some type of a
post-apocalyptic "Mad Max" society almost overnight.
Well, that is just not going to happen. We are not going to wake up
next week in a world where we are all fighting each other with sharp
pointed sticks.
Just like anything else, an economic collapse takes time. I like to
describe what is happening using an analogy from the beach. When you
build a mighty sand castle, it is not totally destroyed by the first
wave that comes along, right?
