Here’s what you can do to help your families prepare for 2009-2010

First — read everything you can about the great depression and similar financial collapse - soviet union, argentina, etc. People lived through it — some better than others because they were prepared. Here are some suggestions for preparing for it:

Think about the basics. Cut spending, hoard cash. Pay off debt. Buy some heirloom vegetable seeds - you can replant year after year from the same stock unlike hybrids - for a backyard garden. Plant some fruit and/or nut trees. Make friends with your neighbors. Think about the skills that you have that would be universal in a different economy, unlike computer programming or consulting or stock broking (e.g. basic carpentry, mechanic, musician, teacher, farmer, etc. )

We probably will have to relearn how to build things and recreate our manufacturing base. Why? Because global trade is probably not coming our way if we can only pay for it with baseless dollars. WE won’t have to raise trade barriers. If we want something, we’ll have to make it here, grow it here, distribute it efficiently here (local farm to market routes again!) and take care of our own.

Basic services may cease to function. I travel all over the world and I see it in faltering economies. The lights go on and off. Telephone service may not work. Water may not be potable coming out of the faucet.

Invest in a small solar system so you can read at night or play cards with the neighboorhood watch committee. Buy a good gravity feed water purifier like the Berkley. Invest in a solar oven and some cast iron wear for cooking over coal or a small wood fire. Stock up on first aid supplies and vitamins, especially C and multi. Getting sick will be an expensive and economically bad thing in the very near future. Have some good games and musical instruments for entertainment — the movie industry is going to collapse and soon. TV will follow shortly after as there will be very little advertising to pay for it. Buy some canned food. It will be more expensive in the future and harder to find. Get ready for grocery stores that are closed and/or that have very few, very expensive goods on the their shelves.

It may not come to this. If it does, you’ll be glad you were ready and it won’t hurt you at all to be prepared. Maybe you’ll sleep a little better.

Similar post : Preparation ideas for the deeper economic crisis

We are headed for the deep abyss of the Economic crisis, so we have to reinvent our society and the personal framework in which we live. I don’t see how we are going to take the arm chair approach and sit back and let it all “just happen”. We have to share ideas, which this blog is great for. So my thoughts are nothing new:

Related Posts:

• About
• A list of ways this economic collapse is different from the great depression
• Economic outlook 2009-2012
• Full Steam Ahead For The Economy? Whose economy? What a load of BS!
• Wow, 25% in UK! Can we say The Second Great Depression yet?

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